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See how verdicts work3-bedroom house · EX6 8FG
Listing removedReduced £10k (−3.1%) on 22 OctListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive modern detached home is ideally located in the highly sought-after village of Exminster.
The property offers three generous double bedrooms and a bright, spacious open-plan layout combining living, dining, and kitchen areas-perfect for contemporary living.
The home features a stylish, modern fitted kitchen and bathroom, along with a beautifully landscaped, low-maintenance rear garden.
Additional benefits include two allocated parking spaces and excellent access to local village amenities, as well as convenient links to the city of Exeter, the coast, and Dartmoor.
Approach Covered entrance canopy. Composite front door to entrance hallway. Outside light. Entrance hallway Light and spacious entrance hallway with Upvc double glazed window to front aspect.
Quality lvt wood effect flooring. Radiator. Coat hanging space. Doors to living room and cloakroom. Cloakroom Modern white suite comprising; low level w.c. And pedestal hand wash basin. Radiator.
Matching quality lvt flooring. Extractor fan.
Open plan living/dining/kitchen space 24' 7" x 17' 6" (7.49m x 5.33m) (max) Wonderful light and spacious room with Upvc double glazed windows to front and rear aspect, plus Upvc double glazed french doors to the garden.
Three radiators. TV and telephone points. Stairs to first floor. Opening through to the kitchen area. Kitchen 11' 6" x 6' 9" (3.51m x 2.06m) (max) Upvc double glazed window to front aspect.
Modern fitted kitchen with range of base, wall and drawer units in high gloss deep red finish and wood trim. Roll-edge worktop with matching upstand and inset stainless steel sink.
Integral electric oven and gas hob. With stainless steel splash panel and modern extractor hood over. Integral fridge/freezer and washing machine. Plumbing in place for dishwasher.
Matching quality lvt wood effect flooring. First floor stairs/landing Stairs from living room to a light and spacious first floor landing with two Upvc double glazed windows to front aspect.
Hatch to loft space. Door to large storage cupboard complete with shelf. Doors to bedrooms and bathroom.
Bedroom 1 12' 8" x 10' 6" (3.86m x 3.2m) (max) Spacious main bedroom with Upvc double glazed window to rear aspect. TV and telephone points. Radiator.
Bedroom 2 11' 10" x 8' 6" (3.61m x 2.59m) (plus door recess) Further spacious double bedroom with two Upvc double glazed windows to rear aspect with outlook over the garden. Radiator.
Bedroom 3 12' 0" x 6' 8" (3.66m x 2.03m) Double bedroom with Upvc double glazed window to front aspect and outlook over the central green area. Radiator.
Bathroom 8' 3" x 5' 2" (2.51m x 1.57m) Modern bathroom with white suite comprising; low level w.c., pedestal hand wash basin and bath with tiled surround, glass screen and mixer shower. Shaver point.
Extractor fan. Ladder style radiator. Outside front Small front garden area edged with mature hedgerow and laid to slate chippings. Path to front door and further path to side access gate.
Rear garden Step into a beautifully designed, low-maintenance garden that perfectly complements modern living.
This stylish outdoor space features a striking central palm tree set within a contemporary landscaped bed, surrounded by attractive paving that creates a clean and cohesive finish.
The garden offers a generous patio area ideal for outdoor dining and entertaining, with ample space for seating.
Thoughtfully planted borders with ornamental grasses and shrubs add texture and year-round interest, while the secure timber fencing provides privacy and a sense of seclusion.
Positioned alongside the property's smart red-brick exterior, this garden is both practical and visually appealing-perfect for relaxing in the warmer months or hosting guests with ease.
Agents notes: To the best of the Vendors knowledge they have advised the following: Tenure: Freehold.
Council Tax Band: D Council: Teignbridge District Council Green Space Charge: £280 per annum Parking: Two allocated parking spaces located to the rear of the property Garden: Enclosed rear garden Electricity: Mains Gas: Mains Heating: Gas central heating Water Supply: Mains Sewerage: Mains Broadband: Standard - Highest available download speed is 3 Mbps and Highest available upload speed is 0.5 Mbps.
Faster speeds available at cost. Mobile Signal: Various networks currently showing available including EE and Vodaphone Standard 3 Mbps 0.5 Mbps
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.
Area
Agent & docs
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FAQ
About 56, Milbury Farm Meadow, Exeter
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