4-bedroom house · EX4 5EX
For saleReduced £35k (−7%) on 21 JunListed 435 days
Opportunity summary
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About
Description This modern three storey detached house is quietly situated in the popular Pennsylvania district of Exeter, ideally positioned for access to the city centre and Exeter University.
The well-presented accommodation features a composite front door opening to an entrance hall with tiled flooring and stairs rising to the first floor.
The ground floor could be arranged as a self-contained suite for a relative if desired, comprising a useful reception room/additional bedroom alongside a double bedroom with wardrobes and a modern ensuite shower room with a large walk-in rainfall shower, screen, vanity unit and WC.
On the first-floor landing, there are stairs to the second floor and a double-glazed door providing access out to the rear garden.
There is a separate WC whilst the kitchen is a generous size, dual aspect room leading through to the dining room and dual aspect sitting room with double glazed doors out to the rear garden.
The second-floor landing window has superb far-reaching views.
On this floor are three bedrooms and a bathroom, one spacious dual aspect bedroom has lovely views whilst the modern fitted bathroom has a white suite.
Outside to the front of the property is off-road parking for two to three cars whilst the rear garden is westerly facing with a paved patio ideal for dining out.
There is a raised level lawn and a second patio area at the rear of the garden, where a summer house - fully powered and ideal for use as a home office - can be found. A gate provides side access.
Situation Florida Drive enjoys a lovely location within the highly desirable Pennsylvania area of the city and enjoying stunning views across the city and to the countryside beyond.
The location offers excellent access to the city centre and University Campus, a frequent bus service to the centre and excellent road links to the M5 motorway, ‘A’ road intersection and coastal routes.
There are both primary and secondary schools nearby, Sylvania community store and The Secret Garden outdoor Cafe with its wonderful views.
Directions From Exeter city centre proceed along Longbrook Street and across the mini roundabout onto Pennsylvania Road. At the junction go straight across, continuing along Pennsylvania Road.
Go over the brow of the hill and after a short distance turn right onto Stoke Valley Road and first right onto Florida Drive. As you go down over the road, the property can be found on the left.
What3Words: ///bared.daily.watch Services: The vendors have advised the following: Mains gas serving the central heating and hot water, mains electricity, water (metered) and drainage.
Telephone landline is connected but not currently under Contract. Broadband: (Cable) Currently under Contract with Virgin, Download speed - 100 Mbps and Upload speed – 10 Mbps.
Mobile signal: Several networks currently showing as available at the property including 02, EE, Three and Vodafone.
Agents Note: The vendor advises that there is a covenant on the property preventing running a business from the property.
The vendor also advises that there is Artex in the principal bedroom, WC, hall, staircase, third and fourth bedrooms and the bathroom.
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
FAQ
About 19, Florida Drive, Pennsylvania
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