3-bedroom house · EX4 4JF
For saleReduced £25k (−5.6%) on 26 JunListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with no onward chain is this fantastic investment opportunity located in a very sought after, central location in the heart of the City Centre, currently achieving approximately £2,700 per calendar month.
Only a very short walk to local amenities, shops, bars, restaurants, Exeter Central Station, Exeter college, the University and much more.
The property is being sold in its entirety with the freehold but is divided into three one-bedroom well looked after apartments, all currently rented out to very good tenants who the sellers have vouched for.
Note: Subject to planning, there is potential to create a further apartment in the vast loft space to increase income. For more information and to arrange a viewing, contact Fulfords now on .
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 advisors 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
Agent & docs
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FAQ
About 28, Richmond Road, Devon
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