2-bedroom property · EX2 7EW
For saleReduced £15k (−7.9%) on 7 OctListed 376 days
Opportunity summary
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About
We are pleased to welcome this 2 double bedroom park home situated in A tucked away and private position. A large lounge with lovely views, A modern fitted kitchen and A wraparound garden.
No onward chain. Situation At Newport Park there is a strong community spirit – a neighbourly caring without being obtrusive.
Nestling in the gentle curve of the river Exe that winds its way through the valleys of the beautiful Devon countryside is Newport Park – a permanent residential park for the retired or semi-retired.
All occupants must be over 50. Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
The town is steeped in history and famed for its ship-building past and the Dutch architecture found in the older part of the town and in particular The Strand.
With easy commuting and access to the M5, only a 5 minute drive away, Topsham is also well served by rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St David’s, connecting it to the national network. Exeter airport is some 5 miles away.
Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctor’s surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants.
It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve. Entrance hall with doors to all rooms and ample storage.
To the front of the property is the two double bedrooms, one with fitted wardrobe space. The modern shower room is also located to the front.
A modern fitted kitchen with an outlook to the side, a selection of integrated appliances and a door with steps leading into the conservatory which has two doors to the garden.
To the rear of the property is a good size lounge diner. The lounge has two windows which boast great views, further window to the side and gas fire.
The wraparound garden is laid to lawn at the rear and has fantastic views. Both sides are laid with patio and have raised flower beds.
To the front there is a sizeable garden shed and a further greenhouse. Walkway to the road. This property is situated in a very quiet and private location.
For further information or to arrange a viewing, please contact our office.
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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FAQ
About 12, Moonridge, Exeter
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