2-bedroom terraced house · EX2 4NA
Sold STCListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £300,000 - £325,000 A bright and generously proportioned two-bedroom mid-terrace home, offering excellent potential for modernisation and available with no onward chain.
Ideally situated in the sought-after central suburb of St Leonard’s, the property is within walking distance of Exeter’s vibrant City Centre, the historic Quayside, Southernhay business district, and the popular independent shops, cafés and amenities of Magdalen Road.
The property boasts several attractive period features, including the tiled entrance porch and bay windows.
The property presents an exciting opportunity for buyers to update and personalise a home to their own taste.
The accommodation comprises an entrance porch, hallway, living room with bay window, separate dining room, modern dual-aspect kitchen, two double bedrooms, and a spacious first-floor bathroom featuring a bay window and a contemporary white suite.
To the rear is an enclosed courtyard garden with a useful outhouse housing the boiler. A rear gate provides convenient pedestrian access. Early internal viewing is highly recommended.
Material Information - Construction notes: Brick. Utilities: Mains gas, electricity, water, and drainage.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Viewing Arrangements - Strictly by appointment with Naomi J Ryan Estate Agents. Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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 Cedars Road, St Leonards, Exeter
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