2-bedroom house · EX5 4JB
For saleReduced £20k (−7.4%) on 30 JunListed 164 days
Opportunity summary
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About
A wonderful two bedroom cottage, located in a tucked away location in the popular village of Silverton.
Description Entering through the garden gate, you are welcomed into a generous front garden, predominantly laid to lawn and attractively framed by mature trees and established shrubs, creating a pleasant sense of privacy and curb appeal.
There is also a lovely small pond. The property is accessed via a practical entrance porch featuring a stable door and useful shelving for shoe storage, making it an ideal transitional space.
From here, a door leads into the lounge-a well-proportioned and inviting room with ample space for living room furniture.
A charming fireplace with a wood-burning stove forms a beautiful focal point, providing warmth and character and making this a cosy retreat during the colder months.
The lounge flows naturally into the dining area, which comfortably accommodates a six-seater dining table and chairs and also houses the staircase to the first floor.
From the dining area, the kitchen is seamlessly accessed.
The kitchen is fitted with a range of white shaker-style wall and base units and benefits from integrated appliances including an oven, hob, fridge, freezer, and dishwasher.
A breakfast bar adds both functionality and casual dining space.
Adjacent to the kitchen is a handy utility cupboard with plumbing for a washing machine, as well as a conveniently located downstairs WC.
Rising to the first floor, the accommodation comprises two spacious double bedrooms, a study, and a family bathroom.
Bedroom One enjoys built-in wardrobes and pleasant views over the rear garden, while Bedroom Two is another well-sized double room.
The study offers a versatile space, enhanced by a light tunnel that provides natural daylight. Completing this floor, the family bathroom is fitted with a bath and shower over, hand basin, and WC.
Externally, the rear courtyard is designed for low-maintenance living, finished with patio tiling and complemented by a summer house-ideal for relaxing, entertaining, or home office use.
Council Tax, Tenure & Services Council Tax Band - B Freehold Mains Electricity, Water and Drainage Ofcom Mobile Signal - EE, Vodafone - Likely O2, Three - Limited Ofcom Broadband Speeds - Ultrafast 1800 Mbps Silverton Silverton is a village around 5 miles north of Exeter.
There are local amenities including a local butchers, a hairdresser, a convenience store, post office and local country pub.
Sales Enquiries If you have any enquiries, please do not hesitate to contact the office on or email us at .
Disclaimer Whilst every attempt has been made to ensure our sales particulars are accurate and reliable, they are only a general guide to the property, and accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to clarify the position for you.
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 5, Parsonage Lane, Exeter
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