3-bedroom house · EX5 4ET
Listing removedListed 183 days
Opportunity summary
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About
A three-bedroom detached home with countryside views, generous garden and excellent potential.
Set in the desirable village of Rewe, Lealands is a three-bedroom detached property enjoying open views across the surrounding countryside.
The home occupies a generous plot and offers a fantastic opportunity for purchasers seeking a property they can modernise and personalise to their own taste.
The accommodation is well-proportioned and benefits from a pleasant rural outlook.
While the property would now benefit from some updating, it offers enormous potential to create a wonderful family home in a sought-after location.
Externally, the property features a large garden, ideal for outdoor living and gardening, along with off-road parking and a garage, providing both convenience and practicality.
Entrance Porch Accessed via a uPVC front door and side aspect uPVC double glazed windows, door through to the entrance hall.
Entrance Hallway Accessed via a part glazed front door, doors to the kitchen, dining room, lounge, understairs storage cupboard. Stairs to the first floor landing and a radiator.
Kitchen 13' 7'' x 6' 6'' (4.137m x 1.969m) Dual aspect uPVC double glazed windows with views over the rear garden.
Fitted range of eye and base level units, sink and a half with a single drainer, roll edged work surfaces, part tiled walls, electric cooker point, appliance space, serving hatch to the dining room, door to the utility room, radiator.
Utility room 7' 4'' x 5' 8'' (2.234m x 1.733m) Rear aspect uPVC double glazed door which leads to the rear garden, plumbing for a washing machine, further appliance space, wall mounted cupboard, door to the cloakroom.
Cloakroom Side aspect uPVC double glaze window, low level WC and a wash hand basin.
Dining Room 10' 8'' x 10' 4'' (3.244m x 3.157m) Side aspect uPVC double glazed window, uPVC double glazed door leading to the side garden. Feature fireplace and a radiator.
Study 9' 2'' x 8' 1'' (2.800m x 2.458m) Front aspect uPVC double glazed window and a radiator.
Lounge 14' 1'' x 10' 8'' (4.288m x 3.257m) Front and side aspect uPVC triple glazed windows, open fireplace, television point, radiator.
First Floor Landing Doors to bedroom one, bedroom two, bedroom three, bathroom, storage cupboard and access to the loft void above.
Bedroom One 12' 3'' x 10' 1'' (3.724m x 3.081m) Front and side aspect uPVC double glazed windows with stunning views over open countryside. Built in double wardrobe and a radiator.
Bedroom Two 9' 11'' x 10' 6'' (3.032m x 3.213m) Side aspect uPVC double glazed window with views over open countryside, wardrobe with hanging space and shelving, radiator.
Bedroom Three 9' 1'' x 8' 9'' (2.770m x 2.655m) Front aspect uPVC double glazed window with view over open fields. Radiator.
Family Bathroom Twin rear aspect frosted uPVC double glazed windows, three piece suite benefiting from a panel enclosed bath, low level WC, wash hand basin with storage below.
Rear Garden Private and enclosed rear garden surrounded by open fields, with mature trees and shrubs. Wooden shed and summer house, paved seating area. Outside tap.
Front Garden Off road parking for 3 vehicles and pedestrian access to the property. The garage is situated to the side of the property. Extra information The property has Oil heating and solar panels.
The solar panels are reported to be owned by the vendors.
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
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FAQ
About Lealands, Exeter
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