2-bedroom property · EX2 5QE
Sold STCReduced £5k (−3.3%) on 20 MayListed 519 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to the market this well presented, CHAIN FREE, two double bedroom park home in the popular location of Ringswell Park, Exeter.
This lovely property offers ample living accommodation comprising; spacious living room, modern fitted kitchen/diner, two double bedrooms and a modern fitted bathroom.
The property further benefits from off road parking, wrap around garden with large shed, central heating and double glazing.
Ringswell Park is a friendly and safe community for you to enjoy your retirement.
Transport links are great as the park is centrally located for all means of transport, including Exeter Airport, M5 access, the National rail network and stagecoaches. Viewings are highly recommended.
Approach: Via a decked wooden sun terrace with both stairs and a ramp from the road, the property is accessed via a uPVC double glazed front door leading into the Kitchen: Fitted with a range of modern white eye and base level storage units with roll edge work surface over with matching splashbacks.
Integrated electric oven and gas hob with matching extractor fan over. Stainless steel sink and drainer with matching mixer tap. Under counter space for fridge / freezer.
Space and plumbing for washing machine. Wall mounted cupboard housing newly installed (May 2025) combi boiler. Laminate flooring. uPVC double glazed window to the side aspect. Radiator.
Door into Main Hallway: Wall mounted central heating thermostat, storage cupboard.
Doors to: Lounge/Diner: Dual aspect with two uPVC double glazed windows to the rear aspect, and French doors leading onto the decked sun terrace to the side aspect.
Feature electric fire set in wooden surround with mantle over. TV and telephone points. Two radiators. Bedroom One: Built in wardrobes with drawers with high level storage.
uPVC double glazed window to the front aspect. Radiator. Bedroom Two: Built in wardrobes with drawers and high level storage. uPVC double glazed window to the rear aspect. Radiator.
Bathroom: Modern fitted shower room with large walk in shower cubicle (mains powered), close coupled WC, pedestal sink, radiator, two ceiling lights and vinyl flooring.
Garden: Outside the property benefits from low maintenance paved and decked gardens to sides. Parking Spaces: To the rear, the property boasts two off road parking spaces.
Agents Note: Newly Installed Boiler (May 2025) With 7 Year Warranty EPC Rating: Exempt Council Tax: Band A Ground Rent: £207 per month (reviewed annually in January) Over 50's Only Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Marlborough Drive, Ringswell Park, Exeter
Explore nearby
