2-bedroom property · EX2 7DZ
Sold STCListed 237 days
Opportunity summary
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About
Underhill Estate Agents are delighted to bring to market this two bedroom park home in the popular Newport Park.
This well presented park home has been recently redecorated and new flooring fitted throughout and benefits from a spacious living room with conservatory, fitted kitchen, two double bedrooms, bathroom, a wrap around garden and an off road parking space.
Exclusively for the over 50s this Park home is located on the edge of Topsham in a prime location on the beautiful banks of the River Exe.
This site offers safe living for the residents, and is a 10 minute bus ride from the centre of Exeter, and the golden sands of the Jurassic coast to the south.
Hallway: Entrance through a upvc double glazed obscured glass door, radiator, storage cupboard and carpeted flooring. Doors to kitchen, living room, bathroom and two bedrooms.
Kitchen: A range of white wall and base kitchen units, worktops, single stainless steel sink and drainer, built in oven, 4 ring gas hob with extractor fan above, space for free standing fridge/freezer, space for washing machine, upvc double glazed window, storage cupboard and wood effect vinyl flooring.
Living Room: A bright and spacious living room with a large upvc double glazed bay windows to front, two upvc double glazed window, radiator, TV socket, telephone socket, brick mantle and electric fire, storage cupboards and carpeted flooring.
Glazed wooden double doors leading to: Conservatory: Upvc double glazed windows and door to garden with pleasant views towards the river Exe, radiator and carpeted flooring.
Bedroom One: Spacious master bedroom with two upvc double glazed windows, radiator, fitted wardrobe and carpeted flooring.
Bedroom Two: Double bedroom with upvc double glazed window, radiator, fitted wardrobe and carpeted flooring.
Bathroom: Fitted bathroom with panelled bath, pedestal sink, close coupled WC, upvc double glazed obscured glass window, radiator, tiled walls and wood effect vinyl flooring.
Wrap Around Garden: A well maintained garden with paved patio, two small lawns, established flower beds and metal shed. EPC Rating: Exempt Pitch Fee: £217 per month and reviewed annually in January.
Services: Main gas supplied and water is payable on an individual water meter. Council Tax: Band A
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.
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