3-bedroom house · EX2 0AR
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership three bedroom house available to purchase from a 40% share from £160,000 with a minimum 5% mortgage deposit of £8,000. Call today to arrange your appointment to view.
This beautifully presented three-bedroom detached home offers modern living in a desirable location and is available to purchase on a 40% shared ownership basis making it an excellent opportunity for first-time buyers or those who desire to up-size.
The property is a new build, finished to a high standard throughout, and features a bright and spacious layout.
The ground floor comprises a contemporary modern open-plan kitchen and dining area, along with a comfortable living space, perfect for both relaxing and entertaining.
Upstairs, there are three well-proportioned bedrooms. This includes a generous principal bedroom with an en suite and dressing area along with a modern upstairs family bathroom.
A second bathroom provides added convenience for busy households. Externally, the property benefits from a private rear garden, ideal for outdoor enjoyment, as well as off-road parking.
This fantastic home combines the benefits of modern design, energy efficiency, and affordability through shared ownership making it a perfect step onto the property ladder.
Full Market Value: £400,000 40% Share Price: £160,000 Rent on un-owned share £525.74 pcm Estimated estate charge £46.89 pcm there is A local area restriction as to who can buy this property, please contact us to discuss.
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
Agent & docs
FAQ
About 53, Garrison Road, Exeter
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