3-bedroom house · EX4 2LJ
Sold STCReduced £10k (−5%) on 30 SepListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A spacious split-level three bedroom town house situated in the popular Farm Hill area of Exeter.
Offering generous accommodation, a private rear garden and allocated parking, this property presents an excellent opportunity for first-time buyers and investors alike.
Description Situated within the popular Farm Hill development, this well-presented split-level town house offers spacious and versatile accommodation arranged over several levels, creating a unique layout that is perfect for modern living.
The lower ground floor forms the heart of the home, where a generous living room enjoys French doors opening directly onto the rear garden, allowing plenty of natural light while creating an excellent space for relaxing or entertaining.
On the middle floor, the fitted kitchen offers a range of wall and base units with work surfaces over and a front aspect window.
Also on this level is a spacious double bedroom overlooking the rear garden.
Continuing upwards, the next floor provides a third bedroom alongside the family bathroom, while the top floor is home to the impressive principal bedroom.
Featuring a Velux window and pleasant views towards the rear, this spacious room offers a peaceful retreat.
Outside, the enclosed rear garden provides a wonderful outdoor space with a patio seating area leading onto a generous lawn, making it ideal for relaxing, gardening or entertaining.
The property also benefits from an allocated off-road parking space.
Although some basic cosmetic modernisation would enhance certain areas, the property has been well cared for by the current owner and has been a successful rental investment for many years.
Lower Ground Floor Living Room Double glazed rear aspect window and door, two electric radiators.
Ground Floor Kitchen Double glazed front aspect window, wall and base units, work surfaces, space for appliances, sink unit, extractor, wall mounted radiator.
Bedroom 2 Double glazed rear aspect window, electric radiator. Bedroom 3 Double glazed rear aspect window, electric radiator.
First Floor Bedroom 1 Double glazed rear aspect window, two fitted wardrobes, electric radiator.
Bathroom Double glazed front aspect window, bath with electric shower over, low level toilet, wash hand basin. Rear Garden Sloped garden with lawn and slate patio. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 73, Farm Hill, Exeter
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