2-bedroom semi-detached house · EX5 2FT
For saleListed today
Opportunity summary
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About
* Reserve by 31st October 2026 and receive a £2,000 incentive, deducted from the final amount payable completion * These 2 bedroom houses have been thoughtfully designed for modern living.
On the ground floor, you can enjoy a spacious open-plan layout featuring a bright living area, a modern kitchen and a cosy dining space, perfect for entertaining.
You will also find a downstairs WC and clever under stairs storage cupboard. Upstairs, you'll find two good-sized bedrooms, plus a modern family bathroom.
There's also an extra storage space upstairs, making this home perfect for everyday living. These homes also comes with allocated parking, EV charging & PV panels.
Available to purchase at a 40% share for £120,000 with a 5% deposit of £6,000 (Full market value £300,000).
Financial Breakdown: Full market value: £300,000 40% share value £120,000 5% deposit: £6,000 Rent charged on un-owned share: 2.75% Rent on un-owned share (60%) £412.50 Estimated monthly service charge: £55.00 Set in Blackhorse on the eastern edge of Exeter, this semi-rural location offers the best of countryside living with easy access to the city.
With Cranbrook and Broadclyst close by, you're perfectly placed to explore Devon. Enjoy riverside walks at Riverside Valley Park or discover Exeter's Green Circle nature trail.
For weekend adventures, Dartmoor National Park and the Jurassic Coast are within easy reach, while family days out can be enjoyed at Crealy Theme Park and Exeter Cathedral.
A range of Good and Outstanding schools are nearby, making this an ideal location for families.
Exeter city centre is just 5 minutes away by train from Pinhoe station and is also easily accessible by car.
Fulfords are the official selling agents for Sovereign Network Group (SNG) who are a leading provider of affordable homes, delivering around 2,400 new homes each year across the south of England, helping thousands of people take their first or next step on the property ladder.
SNG’s Homes and Place standard leads the way on setting the very highest standards for affordable homes and great places to live, and underpins their investment into building new homes.
Is Shared Ownership right for me?
- As long as you are over 18 - Your household income is less than £80,000 - And you don’t already own a home at the time of buying your shared ownership property … then Shared Ownership could be right for you!
How does Shared Ownership work? You buy a share in your home that’s right for you. Shares may be available from 10%-75% and will be based on your affordability.
Availability of homes from 10% on this development is limited. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
*Agents disclaimer – Please note images are for advertising purposes only and may not be the exact property advertised and intended for general guidance only.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Blackhorse, Exeter, Devon, EX5
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