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See how verdicts work2-bedroom terraced house · EX2 4LX
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A charming and beautifully presented bay-fronted Victorian terrace, enviably positioned within one of St Leonards’ most sought-after residential addresses.
Perfectly placed for easy access to highly regarded local schools, Exeter’s vibrant city centre and the historic quayside, this attractive home combines period character with practical modern living.
The welcoming entrance hall leads to two generous reception rooms, each enjoying an abundance of natural light.
The elegant sitting room is centred around a feature fireplace with a gas fire, while the separate dining room provides an excellent space for both everyday family life and entertaining.
To the rear of the property is a well-appointed kitchen, thoughtfully arranged to maximise both storage and workspace, with direct access to a useful lean-to utility area offering additional practicality and access to the garden.
On the first floor are two well-proportioned double bedrooms, including a particularly spacious principal bedroom with an attractive bay window.
Completing the accommodation is a superbly sized family bathroom, fitted to a high standard and featuring a freestanding bath, separate shower enclosure with rainfall shower head, wash basin and WC.
The property retains many appealing period features throughout, including wood flooring, decorative fireplaces and high ceilings, all of which enhance its character and charm.
Outside, the enclosed rear courtyard garden has been attractively landscaped with paved seating areas, timber planters and a useful garden shed. A rear gate provides convenient pedestrian access.
Situation East Grove Road is a highly sought after no through road in St Leonards, which is regarded as one of the most popular residential areas of Exeter.
The village shops of Magdalen Road are a short walk as is the historic Exeter Quayside with its lovely walks, cycle paths and coffee shops.
The City centre with its Princesshay Shopping centre is easily accessible as is Exeter St David's mainline station (London Paddington). There are excellent local schools both state and private nearby.
Directions From Exeter City centre proceed along Holloway Street in an easterly direction onto Topsham Road.
Take the left hand turning into St Leonards Road where East Grove Road can be found a short distance along on the right.
SERVICES: The vendor has advised the following: Mains gas (Serving the central heating and hot water), mains electricity, water and drainage.
Telephone landline installed but not currently under Contract. Broadband: (Fibre optic) currently under Contract with Sky Broadband Ultrafast Plus - Download speed 459 Mbps and Upload speed 60 Mbps.
Mobile signal: Various networks available at the property including 02, EE, Three & Vodafone.
AGENTS NOTE: The property sits within the St Leonards Conservation Area and benefits from Residents Parking in Zone L.
The vendor advises that Planning Permission was granted in 2022 for a new rear infill extension, loft conversion and internal alterations but that the works were not carried out. Ref No 22/1492/FUL.
Further details can be found on the Exeter Planning Portal.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 St Leonards, Exeter
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