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See how verdicts work2-bedroom terraced house · EX4 6LU
Listing removedReduced £15k (−6%) on 20 MayListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This is a two bedroom bay windowed mid terrace house in a city centre location which is in need of some updating and redecoration.
The property does benefit from gas fired central heating, upvc double glazed replacement windows and a pleasant rear courtyard garden and is situated in a good location for both Exeter University and the City Centre with schools and a general store nearby.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Entrance door to Vestibule: Ceiling architrave, part glazed door to Hallway: Radiator, feature arch, stairs rising to first floor.
Living Room: 3.81m (12'6") x 3.71m (12'2") into bay and alcove. Radiator, ceiling architrave, wall mounted thermostat and control panel for central heating.
Dining Room: 3.89m (12'9") x 3.33m (10'11") into alcove.
Radiator, built in cupboard in alcove, French doors leading into the conservatory, door to Kitchen: 2.84m (9'4") x 2.77m (9'1") Radiator, stainless steel single drainer sink unit with hot and cold mixer tap set in work surfaces with cupboards, drawers and appliance spaces below, plumbing for washing machine, tiled splash backs, wall mounted cupboard units, appliance space for electric oven, wall mounted boiler supplying domestic hot water and central heating, understairs cupboard, glazed door to Conservatory: 2.84m (9'4") x 1.52m (5'0") Quarry tiled flooring, upvc double glazed door to rear garden.
First Floor Half Landing: Bathroom/Wc: 2.82m (9'3") x 2.26m (7'5") Radiator, panel bath with wall mounted electric shower, curtain rail, wash hand basin with a cupboard below, low level w/c, built in linen cupboard with slatted shelving and housing a factory lagged cylinder with a back up electric immersion heater., wall mounted medical cabinet.
First Floor Landing: Built in wardrobe with hanging rail and overhead storage cupboard. Bedroom One: 4.80m (15'9") x 3.84m (12'7") into bay and alcove.
Radiator, built in wardrobe with hanging rail and overhead storage cupboard, aspect to the front. Bedroom Two: 3.30m (10'10") x 3.17m (10'5") into alcove.
Radiator, built in cupboard with shelving and overhead storage cupboard, aspect to the rear.
Outside Rear Garden: Pleasant, enclosed courtyard garden with paved patio, flowerbed borders, pedestrian access to service lane.
Agents Notes: Council Tax: Exeter City Council – Band B EPC D (67) For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Salisbury Road, Exeter
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