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See how verdicts work3-bedroom semi-detached house · EX8 2LQ
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A double glazed door, on the side of the property, leads into the hallway with downstairs WC, understairs storage cupboard, stairs to first floor and doors to the sitting and dining rooms.
The dining room has a side facing window, open fire with tiled hearth and surround, panel radiator, original wooden flooring and a squared archway through to the study/snug with windows to front and side, panel radiator and could be used as a separate room with the addition of a door.
Back into the hallway, the 2nd door leads into the sitting room with French Doors out to the front wraparound garden, recently installed log burner with slate hearth, original wooden flooring, panel radiator and an opening through to the kitchen.
The kitchen, which could do with updating as is a bit tired, has a rear facing window and door to the rear garden, inset sink with drainer, inset gas hob with electric oven under, plumbing and space for a dishwasher, ample worktop space and a good range of cupboards and drawers.
To one corner, there is an open pantry with worktop space, built-in shelving, plumbing and space for a washing machine and a small side facing window.
Halfway up the stairs, you have the brand new bathroom with its panel enclosed bath with mixer tap, shower over, WC, heated towel rail, extractor fan, tiling to full height, side facing window and wash hand basin with storage under.
Onto the landing and you have the doors to the bedrooms as well as the lost hatch.
The master bedroom has a front facing window, twin built-in wardrobes, panel radiator and original wooden flooring, bedrooms two and three have panel radiators, original wooden flooring and are both doubles.
Outside, to the rear of the property, is the first of two useable gardens with a small lawn area, concrete path, small decorative pond, large wooden storage shed and side access gate.
This garden is currently part fenced with the remainder being done in the coming weeks.
To the front you have a useful wraparound garden with brick wall surround, laid mainly to lawn with borders containing newly planted hedges and a the driveway for 2-3 vehicles.
Agents Note: The property has predominantly re-plastered throughout and will require decorating.
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.
Area
Agent & docs

FAQ
About Greenhill Avenue, Exmouth, EX8 2LQ
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