3-bedroom terraced house · EX4 4EZ
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available for sale is this comfortable and spacious three bedroom terrace house only a short walk from the city centre and main University campus.
The property is well presented and enjoys a nice homely feel with a smart kitchen, separate living room and downstairs bathroom which benefits from both a shower and bath.
There is an enclosed courtyard garden to the rear and the house is double-glazed and gas centrally heated throughout.
This property has been rented to students as an HMO for approximately the last 15 years and it has always proved very popular due to the homely feel and quiet, convenient location.
Due to the consistent letting the property qualifies for planning consent to rent as an HMO and the necessary certificate of lawfulness will be acquired as needed.
The property is let for September 2026 at a gross rent of £23,661 assuming an 11 month Tenancy, representing a compeitive return of over 7.5% and there is plenty of scope for this figure to be increased.
Furnishings: The property will be sold with a full set of furniture and appliances. Utilities and Services: Mains metered water, gas and electric. Parking: Residential permits available.
Tenure: Freehold For further tenancy/income details please get in touch with us.
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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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
FAQ
About Old Park Road, Exeter, EX4
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