3-bedroom terraced house · EX2 9BG
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well presented three bedroom property with front and rear gardens, garage in a block and a conservatory located within close proximity to local amenities and commuter links, offered to the market with no onward chain!
EPC C, Council Tax Band C, Freehold. Entrance porch entrance hallway: Radiator, stairs to first floor landing. Cloakroom: Close coupled WC, wash hand basin, radiator.
Kitchen/diner: 4.7m x 3.1m (15'5" x 10'2") , Base cupboards and drawers with worktop over, sink and drainer, built in oven and hob, wall mounted cupboards, space for dishwasher and washing machine, space for fridge, double glazed windows to the front, radiator, wall mounted boiler.
Lounge: 5.0m x 3.2m (16'5" x 10'6") , Double glazed window to the rear, double glazed doors to the conservatory, radiator.
Conservatory: 4.3m x 2.2m (14'1" x 7'3") , Radiator, double glazed door and windows. First floor landing: Double glazed window to the side, storage cupboard, doors to...
Bedroom 1: 3.7m x 3.1m (12'2" x 10'2") , Double glazed window to the front, radiator, built in wardrobe. Bedroom 2: 3.5m x 2.5m (11'6" x 8'2") , Double glazed window to the rear, radiator.
Bedroom 3: 2.6m x 2.4m (8'6" x 7'10") , Double glazed window to the rear, radiator, loft access.
Bathroom: Suite comprising pedestal wash hand basin, close coupled WC, shower cubicle, radiator, obscure double glazed window to the front outside: To the front of the property is a pretty enclosed garden with brick paved pathway, stone chippings, paved patio area and well stocked with mature shrubs, plants and trees.
To the rear of the property is an area of paved patio with flowerbeds perfect for growing your own produce with a handy green house and storage shed.
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
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FAQ
About 2, Ferndale Gardens, Exeter
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