3-bedroom terraced house · EX2 8RS
For saleReduced £10k (−3.5%) on 15 OctListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A three bedroom terrace property situated in the popular residential area of Alphington within close proximity to local supermarket, schools, post office, public house, sports club, bus route and train station.
The property benefits from good size living accommodation, front and rear gardens and a garage. No onward chain. EPC D, Council Tax Band C, Freehold. Front door to..
entrance hall: Radiator, doors to.. Cloakroom: Close coupled WC, wash hand basin, radiator, double glazed window to the front.
Lounge: 4.8m x 4.5m (15'9" x 14'9") , Double glazed window to the front, radiator, stairs to first floor landing.
Kitchen/diner: 4.4m x 2.6m (14'5" x 8'6") , Base cupboards and drawers with worktop over, sink and drainer, built in oven and hob with extractor over, space for washing machine and fridge, additional appliance space, radiator, under stair storage cupboard, double glazed window to the rear, double glazed doors.
First floor landing: Loft access, doors to.. Bedroom 1: 4.1m x 2.6m (13'5" x 8'6") , Double glazed window to the front, radiator, fitted wardrobe.
Bedroom 2: 3.2m x 2.6m (10'6" x 8'6") , Double glazed window to the rear, radiator.
Bedroom 3: 2.1m x 1.8m (6'11" x 5'11") , Double glazed window to the front, radiator, airing cupboard housing hot water tank.
Bathroom: Wash hand basin, close coupled WC, panelled bath with shower over, obscure double glazed window to the rear.
Outside: To the front of the property a pathway leads to the front door with section of grass lawn.
To the rear is an enclosed garden with decked patio and steps leading to an area of stone chippings leading to the garage and handy rear access. Garage: Up and over door, door to the rear garden.
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 41, Powlesland Road, Exeter
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