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See how verdicts work2-bedroom house · EX5 7ET
Listing removedReduced £10k (−4.3%) on 14 JulListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Check out this well presented, no chain Semi-Detached home with two Double Bedrooms, Kitchen/Dining Room, Living Room, Bathroom, Cloakroom, Rear Garden and Off-Road Parking for two cars, situated close to the new Town Centre.
Upon arrival, you're greeted by a welcoming entrance hallway with ample space for coats and shoes.
Stairs rise to the first floor, and a convenient cloakroom is positioned nearby, Complete with a WC and wash basin.
To the left, you'll find the spacious sitting room, an inviting area that is carpeted throughout and benefits from a useful built-in storage cupboard.
Beyond lies the kitchen/dining room, thoughtfully appointed with vinyl flooring and a range of cupboards and worktops.
Integrated appliances include an electric oven, hob and extractor fan as well as space for a fridge/freezer and washing machine.
French doors open directly onto the rear garden, offering a seamless transition between indoor comfort and outdoor living.
Upstairs, you'll find two light and airy bedrooms, each comfortably accommodating at least a double bed.
Completing the accommodation is a modern bathroom featuring vinyl flooring, a tiled bath with shower over, wash basin, and WC.
The garden is fully enclosed and mainly laid to lawn, with a patio that works well for outdoor seating or dining.
A paved path runs along the side of the house to a garden gate, giving an easy alternative route to the two off-road parking spaces positioned directly outside the property.
Tenure - Freehold Council Tax Band C
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 15, Morgan Sweet, Exeter
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