3-bedroom house · EX2 4RJ
For saleReduced £20k (−5.2%) on 26 SepListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in the ever-popular St Leonards area, within easy reach of the City Centre, this attractive semi-detached home presents a wonderful opportunity for those seeking a property that combines comfortable living space with excellent convenience.
Offered to the market with no onward chain and ready for immediate occupation, the property has been well maintained and enjoys a light and welcoming feel throughout.
The ground floor accommodation is thoughtfully arranged, beginning with an inviting entrance hall leading into a bright and spacious sitting room.
To the rear of the property is a separate dining room, enjoying double glazed doors opening directly onto the garden.
The adjoining kitchen is fitted to provide practical workspace and storage, with views over the front aspect.
On the first floor are three well-proportioned bedrooms, offering flexibility for family living, guests or working from home, together with a family bathroom serving the accommodation.
Externally, the property continues to impress. To the front is a neatly tended lawned garden alongside a private driveway providing off-road parking for two to three vehicles and access to the garage.
The rear garden enjoys a good degree of privacy and has been designed for ease of maintenance, with a paved patio area perfectly suited for outdoor seating and entertaining, complemented by an area of lawn bordered by mature shrubs and trees.
This is an excellent opportunity to acquire a well-positioned home in one of Exeter’s most sought-after residential locations, offering convenient access to local amenities, schools, transport links and the City Centre.
Situation Situated in one of the most highly regarded roads in St Leonards with its close proximity to the local schools and R D & E Hospital and of course the river with its lovely waterside walks, park and cycle paths.
The city is easily accessed by bus, car or bike and the motorway link is just 1.5 miles away. The city offers renowned higher educational facilities with its University and College.
There are excellent sports and leisure facilities situated on the river and Exeter offers a selection of theatres, cinemas, museum, cathedral, football, rugby and leisure centres.
Rail links to London Paddington. Exeter Airport is approximately 5 miles away providing air services within the UK and international destinations.
Directions From Exeter city centre proceed along Topsham Road (A3015) turning right opposite the County Hall into Rivermead Road.
At the bottom of the road turn left and the property can be found towards the end of the road on the left.
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 69, Rivermead Road, St Leonards
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