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See how verdicts work3-bedroom house · EX8 2PU
For saleListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire this 3 bedroom, ex local authority home, benefiting from off road parking for 2 motor vehicles and a Southerly facing rear garden.
The property is equipped with gas central heating (via a combi boiler) and uPVC double glazing (where stated).
The ground floor accommodation comprises a cloakroom, a spacious living/dining room, a kitchen/breakfast room, and a separate utility area.
To the first floor, there are 3 well proportioned bedrooms, all offering built - in storage, along with a family bathroom and a separate WC. This property would make an ideal family home.
Accommodation Ground Floor uPVC double glazed front entrance door leading to: Hall Staircase rising to first floor. Radiator. Wall mounted central heating thermostat.
Door leading to: Living / Dining Room - 16'2" (4.93m) Max x 15'5" (4.7m) Max An L shaped room. Double glazed sliding patio doors leading to rear garden. Under stairs storage cupboard. Radiator.
Arch separating living and dining areas. Door leading to: Kitchen / Breakfast Room - 13'1" (3.99m) Max x 11'6" (3.51m) Max uPVC double glazed window to rear. Door leading to rear porch.
Range of cupboard and drawer storage units with roll edged work surfaces, breakfast bar and tiled splashback's. Stainless steel single sink and drainer unit with mixer tap.
Gas and electric cooker points. Radiator. Space and plumbing for dishwasher. Integrated fridge. Door leading to: Utility uPVC double glazed external door to front.
Space and plumbing for washing machine. Useful cloaks storage cupboard. Wall mounted storage cupboards. Cupboard housing the electric meter and trip switch fuse box.
Door leading to: Cloakroom Obscure glazed window to front. White suite of low level WC and wall mounted wash hand basin. Radiator. Rear Porch External door to side leading to rear garden.
Windows to rear and side on brick wall. Power connected. First Floor Landing uPVC double glazed window to front. Access to insulated and part boarded loft space via trap door with ladder. Radiator.
Smoke alarm. Doors leading to: Bedroom 1 - 12'11" (3.94m) x 9'10" (3m) uPVC double glazed window to rear with views over the Maer Valley. Good range of fitted wardrobes and cupboard storage units.
Further built in wardrobe. Airing cupboard housing the gas fire Combi boiler that supplies the central heating and domestic hot water. Radiator.
Bedroom 2 - 10'7" (3.23m) x 9'10" (3m) Plus Recess uPVC double glazed window to rear with views over the Maer Valley. Built - in wardrobe. Radiator.
Bedroom 3 - 9'2" (2.79m) x 7'5" (2.26m) uPVC double glazed window to front. Useful bulkhead storage cupboard. Radiator. Bathroom Obscure uPVC double glazed window to front.
Coloured suite of panelled bath with electric shower unit over. Pedestal wash hand basin. Fully tiled walls. Radiator. Cloakroom Obscure uPVC double glazed window to front.
Coloured suite of low level WC.
Externally Front Garden / Parking To the front of the property is a brick paved driveway that provides side by side off road parking for 2 motor vehicles.Shrub and herbaceous borders. Cold water tap.
Gas meter box.
Southerly Facing Rear Garden The property enjoys an enclosed and good sized, Southerly facing Rear Garden which has a patio area immediately adjacent the property being an ideal spot for outdoor dining and sitting during the fine weather.
A pathway then leads down to remainder of the gardens which are laid mainly to lawn with raised shrub beds that provide year round interest and colour. Timber panelled fence boundaries.
Outside water tap. Tenure The property is freehold Services All main services are connected. The property is on a water meter. Council Tax Band B.
Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Directions From our prominent Town Centre office, proceed out of town along Salterton Road.
After passing through the first set of traffic lights, at the next set of traffic lights, turn right onto Littleham Road.
Proceed over the mini roundabout, then take the next left onto Magnolia Avenue and right again onto Nelson Drive.
The property will be found on the right hand side, clearly identified by our For Sale board.
What3words /// nerve.picked.handy Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 advisers 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
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FAQ
About 8, Nelson Drive, Exmouth
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