2-bedroom house · EX2 5LG
Listing removedReduced £10k (−4.5%) on 5 AugListed 113 days
Opportunity summary
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About
Chain Free | Two Double Bedrooms | Semi-Detached Home | Large Rear Garden | Outbuilding | Off-Road Parking | Great investment previously achieving £1200pm Full description Offered to the market chain free, this beautifully presented two-bedroom semi-detached home has been recently redecorated throughout with new carpets, making it ready for its next owners to move straight in.
The current owners have maintained the property to a high standard, with up-to-date gas and electrical certification providing additional peace of mind.
Upon entering the property, you are welcomed by a practical entrance hallway with space for coats and shoes.
To the left, the spacious living room benefits from a dual aspect, with windows to both the front and rear allowing natural light to flood the room.
This bright and airy living space also features useful built-in storage cupboards and provides access through to the kitchen.
The fitted kitchen offers an excellent range of wall and base units, generous worktop space, and ample room for a variety of appliances.
A door from the kitchen leads directly out to the rear garden, making it ideal for everyday living and entertaining.
Completing the ground floor is the family bathroom, fitted with a modern white suite comprising a WC, wash hand basin, and bath with shower over.
To the first floor are two well-proportioned double bedrooms.
The principal bedroom is a particularly spacious room with a large window allowing plenty of natural light and benefits from built-in storage.
Bedroom two is another generous double bedroom, also enjoying a large window that creates a bright and welcoming space.
Externally, the property boasts an impressive rear garden designed for low maintenance with artificial lawn, offering plenty of space to relax or entertain.
There is a useful bike store and a substantial outbuilding, previously used as a bar and entertaining space, which offers fantastic versatility and could easily be adapted as a workshop, home office, gym, hobby room or additional storage.
To the front of the property is off-road parking for at least one vehicle, with space for two smaller vehicles depending on their size.
With its spacious accommodation, excellent outdoor space, recent cosmetic improvements and vacant possession, this fantastic home is ideal for first-time buyers, downsizers or investors looking for a property that is ready to enjoy from day one.
Material info # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: A EPC rating: D ## The building Semi-detached house, standard construction Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE great Parking: Driveway and On Street In a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN254309): - The property is subject to rules known as restrictive covenants which were set out in a 1988 Transfer document.
These are common requirements that limit certain activities on the land to protect the local area.
- There is a standard legal restriction which means the property cannot be sold or transferred without the consent of the mortgage lender.
This is a normal part of having a mortgage and will be settled as part of the sale process.
- The current owner has entered into a personal agreement (covenant) to follow the rules mentioned in the property records and to take responsibility for any issues arising from them.
No environmental risks recorded All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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 12, Hurst Avenue, Exeter
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