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See how verdicts work7-bedroom house · EX2 4SY
Opportunity summary
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About
Description Hidden at the end of a private driveway, The property is a stunning example of Georgian architecture, surrounded by over half an acre of beautifully established gardens and boasting ample private parking, just a short distance from Magdalen shops and Exeter City Centre.
The symmetrical façade of this grand residence creates a striking first impression, while the interior's elegant proportions and layout transport you back to a bygone era.
Upon entering the welcoming entrance hall, you'll find yourself surrounded by opulent features such as high ceilings, sash windows, and ornate cornicing.
The country-style bespoke kitchen, complete with aga and central island, forms the heart of the home, perfect for hosting dinner parties or everyday meals.
Two spacious reception rooms, both with French doors leading to the covered veranda, offer breath taking views of the extensive lawn and gardens beyond.
The first-floor landing leads to four beautifully appointed bedrooms, each with its own unique character.
A second staircase takes you to the top floor, where you'll find two additional bedrooms and a bathroom.
The property also boasts a contemporary annex building, housing a state-of-the-art gym area and hot tub on the ground floor, complete with shower and storage.
The first floor of the annex features an open-plan living space with high-spec kitchen, dining, and living areas, perfect for relaxation or entertaining.
Two en-suite bedrooms with wraparound balconies complete this level.
Throughout the property, you'll appreciate the abundant natural light and period-style features such as panelling and ornate fireplaces.
The pièce de résistance is the sprawling garden, a true gem in the heart of the city.
Spanning around 0.64 of an acre, the grounds feature large lawns, established borders, high hedges, and mature trees.
A hidden garden with seating areas and a pond awaits discovery beyond the main lawn. Ample off-road parking is available, with potential for garage space (subject to planning permission).
Situation Located in the heart of St Leonard's, Magdalen Place is close to the Royal Devon and Exeter Foundation nhs Trust hospitals and excellent local amenities.
The property is within walking distance to the city centre and close to a number of excellent private and state schools at all levels, together with the University of Exeter and excellent college.
The city affords excellent cultural, sports and leisure facilities, with a selection of theatres, cinemas, a museum, Cathedral, football, rugby, leisure centres and a vibrant riverside with restaurants, water sports and cycling trails.
Rail links to London Paddington and London Waterloo. Exeter Airport is approximately 5 miles away providing air services within the UK and international destinations.
Directions From the city centre and the roundabout at the bottom of Paris Street take the exit on to Heavitree Road. At the junction with Waitrose on your left, turn right into College Road.
At the next junction turn right in to Magdelen Road passing the shops. The property will be found after the shops on the left.
Services: The vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity, water and drainage.
There is also an open fire in the property and underfloor heating in the annexe. Telephone landline currently in contract with Sky. Broadband (adsl) currently in contract with Sky & BT.
Download speed 50 mb/s, Upload speed 1GB Mobile signal: Several networks currently showing as available at the property including 02, EE & Vodafone.
Agents Note: The vendor has advised that the planning permission in respect of the ‘Gym and ancillary living accommodation in detached building’ is under Exeter City Council reference 15/0526/ful which notes: The development hereby approved shall not be occupied otherwise than in association with the occupation of the main dwelling and shall not be occupied as residential units for any purpose.
Reason: To prevent the creation of additional separate dwellings. The property sits within the St Leonards Conservation Area.
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 4, Magdalen Road, St Leonards
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