2-bedroom property · EX2 9PQ
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to the market this two bedroom park home located on Magpie Crescent, Exonia Park, Exeter.
The property offers ample living accommodation comprising; kitchen, living room, separate dining room, two bedrooms and a wet room style shower room.
The property further benefits from double glazing, central heating, a parking space outside the property and a wrap around garden.
The property has undergone extensive external improvements in recent years, including insulation, new jacks, new brick skirting and garden landscaping. Viewings are highly recommended.
Situated within the city boundary of Exeter, Exonia Park is an established residential park home estate for the retired and semi-retired, with a range of park homes provided in a friendly and secure environment.
The A30 and M5 are easily accessible, and there is a bus stop near the entrance. Viewings are highly recommended.
Kitchen: Fitted kitchen with a range of cream wall and base kitchen units, wood effect worktops, stainless steel single bowl sink with drainer and mixer tap, space for free standing gas cooker, space for free standing washing machine, space for free standing fridge freezer, upvc double glazed window, single radiator, Worcester combi boiler and vinyl flooring.
Door to: Dining Room: A useful space just off the kitchen with upvc double glazed window and door to side, radiator and carpeted flooring. Door to living room and internal hallway.
Living Room: A bright and spacious living room with dual aspect upvc double glazed windows with a pleasant outlook, two radiators, TV socket, telephone socket, electric fire with wooden mantle and carpeted flooring.
Hallway: Storage cupboard and doors leading to shower rom and two bedrooms.
Shower Room: A modern fitted wet room style shower room with walk in shower with hand held shower attachment (electrically powered), pedestal sink, low level WC, upvc double glazed obscured glass window to side elevation, ceiling light point, chrome heated towel rail, extractor fan, walls aqua panelling and vinyl flooring.
Bedroom Two: Bedroom with upvc double glazed window to rear elevation, fitted bedroom furniture, double wardrobe with sliding doors, ceiling light point, radiator and carpeted flooring.
Bedroom One: Double bedroom with upvc double glazed window to rear elevation, two double wardrobes with sliding doors, ceiling light point, radiator and carpeted flooring.
Wrap Around Garden: In an elevated position with a low maintenance wrap around garden, landscaped in recent years to provide a low maintenance garden with patio to sides, stone chippings to front and rear with a small metal shed for storage at the side.
There is also an off road parking space directly outside the property. EPC Rating: Exempt Ground Rent: £560.31 per quarter (£186.77 per month) reviewed annually in February.
Council Tax: Band A Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas and remove personal items.
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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