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See how verdicts work2-bedroom house · EX4 9BZ
No longer listedReduced £10k (−4.2%) on 30 JulListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered to the market with no onward chain and having been completely renovated from top to bottom, this superb home is ready for immediate occupation.
The property has been fully re wired and re plumbed throughout and would be ideal for first time buyers, as well as those looking to upsize or downsize into a modern and low maintenance home.
The accommodation is bright and contemporary and begins with a welcoming entrance hall leading to a light and spacious living room positioned at the front of the property.
To the rear is a stylish modern fitted kitchen with breakfast area, featuring French double glazed doors that open directly onto the rear garden, creating an excellent space for everyday living and entertaining.
Upstairs, the property offers two generous double bedrooms along with a brand new modern family bathroom.
The home further benefits from a brand new kitchen, bathroom and newly fitted carpets throughout, allowing the next owners to move straight in and enjoy without the need for any work.
Externally, there is a large front garden with side access leading through to the rear.
The standout feature of the home is the generous rear garden which is mainly laid to lawn and provides an excellent space for families to relax and enjoy.
Situated in the popular Beacon Heath area, the property is within walking distance of Exeter City Centre and offers easy access out of the city, with the M5 and A38 corridors just a short drive away.
The location is also well placed for sought after primary and secondary schools, making this an ideal choice for families.
Offered to the market with no onward chain, this is a fantastic opportunity to purchase a beautifully refurbished home in a convenient and desirable location.
Council Tax Band: B Tenure: Freehold Entrance Hall Uvpc door to front aspect, access to stairs leading to first floor, double glazed window to front aspect and access to further living room and kitchen.
Living Room Double glazed window to front aspect, radiator and double glazed french doors leading to the rear garden.
Kitchen A range of wall and base units, fitted oven and electric hob with extractor fan over, space for washing machine, sink drainer with mixer taps over and double glazed window to the rear aspect.
First Floor Stairs to first floor landing. Doors leading to bedroom 1, bedroom 2 and family bathroom.. Bedroom 1 Two double glazed windows to front aspect and radiator.
Bedroom 2 Double glazed window to rear aspect and radiator.
Family Bathroom Double glazed window to rear aspect, low level WC, wash hand basin with mixer taps over, panelled bath with mixer taps over and heated towel rail.
Garden Raised large decking area accessed from the living/dining room with steps leading to a generous level lawn. Mature evergreen trees at the end of the garden.
Side access patio laid path to enclosed front with low maintenance gravelled areas.
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
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FAQ
About 29 Lancelot Road, Exeter
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