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See how verdicts work4-bedroom house · EX3 0PX
Listing removedReduced £50k (−7.1%) on 24 JunListed 143 days
Opportunity summary
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About
Description Open house 13th June - Please Call To Book Exton is a highly desirable village, located on the River Exe approximately 6 miles south of Exeter.
Situated on a lane on the southern edge of the village is this 4 bedroom detached home constructed in the 1960's.
Extended and developed in more recent years, the house sits in a generous plot of just over an acre.
The existing accommodation comprises a family room/office with a door to the garden, an open-plan kitchen / dining room with French doors to the garden, and a sitting room with bi-fold doors.
From the kitchen, there is a door to a useful utility room with plumbing for a washing machine and a door to the garden. On the first floor are 4 bedrooms, .
The principal bedroom is dual aspect with views over the garden and an en suite bathroom. The family bathroom serves the other 3 bedrooms.
Annexe - a former garage to the side has been converted into a very useful one bedroom self-contained annex, ideal for holiday letting or as accommodation for a dependent relative.
There is also a detached office building with power and water, plus off-road parking for a number of cars.
The garden is spacious, mainly gently sloping and level lawns that extend to around an acre in total, with a brook running through and with a number of timber sheds.
Planning was granted, although now lapsed, to extend the property to create a 5th bedroom if necessary (ref.20/1133/ful) Overall, this is a superb opportunity to acquire a well located home with scope to improve, refresh and extend, annex with income potential, outbuildings, parking, an 1 acre of gardens, all being sold with no onward chain.
Situation Exton lies on the East side of the River Exe Estuary, some six miles from the Cathedral city of Exeter with its comprehensive range of services and five miles from the coastal town of Exmouth, popular for its long sandy beach.
Considered a special place to live, Exton has the benefit of a train station, which provides easy access to Exeter and Exmouth.
The Puffing Billy gastro pub is within walking distance and offers a superb and varied menu. The M5 motorway, A38 and A30 are easily accessible.
Directions From Topsham and Exeter head towards Exmouth along the A376. On entering Exton, continue down the hill, pass the traffic lights and take the next turning on the right into The Avenue.
The house is along on the right hand side. Services The vendor has advised the following: Mains electricity, gas and water. Mains Gas Central Heating serving the hot water and central heating.
Private drainage septic tank which is sole use to the property. The system is wholly within the boundary of the property. The soakaway also sits within the boundary of the property.
It is unknown how old the system is currently. It is emptied annually. Telephone landline is currently not connected. Broadband is in contract with Vodafone.
With a download speed of 50Mbps and upload speed of 4Mbps. Mobile signal: Several networks are showing as available at the property including O2, EE, Three, Vodafone, BT and Sky.
Agents Note The property has the below planning applications. For further information please refer to East Devon Planning Portal.
15/2728/ful for the removal of existing garage and erection of single storey side extension including garage. 20/1133/ful for the construction of single and first floor extension.
The vendor has advised that the aga is not in full working order and the log burner has been removed. Please note that some images used in the marketing are from 2023
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.
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FAQ
About 3, The Avenue, Exton
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