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See how verdicts work4-bedroom terraced house · EX15 1DJ
Listing removedReduced £30k (−13.3%) on 4 AugListed 473 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arriving at the property, you will notice that the front elevation has recently been decorated, the owners choosing to retain the history of the original double ”shop” fronted feature.
Moving inside The entrance lobby, with an original stain glass door leads you into a long hallway with high ceilings & newly fitted carpets throughout the home.
To your right you will find a reception room, this space still retains the original fireplace and decorative coving and would make a great “Snug or Home Office”.
Moving passed the staircase, to the left is an open-plan lounge/dining area; this bright and airy space has been neutrally decorated to provide a blank canvas for budding interior designers.
Off the dining area, through another stain glass door is the kitchen; although in need of updating, this large space has room for a range cooker, plenty of storage and even a breakfast table.
Beyond the kitchen you'll find a separate utility area with more that enough room for all your laundry needs.
Completing the ground floor is the family bathroom; a large and spacious room that has the potential to be updated to include a separate wc and shower room, in addition to a family bathroom.
Upstairs Moving upstairs you'll find 3 recently decorated bedrooms with plenty of space for king-size beds and wardrobes; the 4th bedroom, a double, also houses the boiler and has yet to be decorated.
Outside The rear courtyard garden can be accessed through the utility room or the rear lobby, off the main hallway.
This fully enclosed walled courtyard is a sun trap and would be perfect for those family BBQs or tranquil moments with a good book and a glass of wine.
This home also boasts an additional building to the rear of the courtyard; although in need of a full re-build, this 32 sqm of space could be converted into additional living accommodation, a studio, workshop or even a home office.
(subject to any permissions required.) around the local area Situated in the town centre of Cullompton, Exeter Hill' benefits from being close to all the local amenities that this bustling town has to offer.
These include: A doctors' surgery and a dental practice; 2 primary schools & a community college; a library, post office, florist & hairdresser; a large Tesco & Aldi, numerous public houses, coffee shops & several takeaways.
Cullompton is ideally located for work or recreation, with the M5 (J28) providing quick access to the city of Exeter or the county town of Taunton, both less than 25 miles away and offering unique leisure & recreational experiences.
With Tiverton Parkway railway station less than 10 miles away the bright lights of the London can be reached within 2 hours.
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.
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FAQ
About 7, Exeter Hill, Cullompton
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