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See how verdicts work4-bedroom house · EX2 4SE
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description Fleming Way is an attractive and deceptively spacious four bedroom townhouse, offering flexible accommodation arranged over three floors and enjoying a particularly convenient position in the popular St Leonards area of Exeter.
The accommodation is well proportioned throughout, with separate living and dining spaces, four bedrooms, two bathrooms, a private enclosed garden and a separate garage.
Ground Floor The front door opens into the entrance hall, with stairs rising to the upper floors and a useful cloakroom/WC.
Kitchen Positioned at the front of the property, the kitchen is fitted with a comprehensive range of contemporary white units complemented by contrasting work surfaces.
There is ample storage and preparation space together with integrated cooking appliances and room for further appliances.
Dining Room To the rear is a generous separate dining room, measuring approximately 15'0" in length and providing plenty of space for a substantial dining table and chairs.
A door opens directly onto the rear garden, making this an excellent space for both everyday family dining and entertaining.
First Floor Sitting Room Occupying much of the first floor is the impressive sitting room, measuring approximately 16'2" x 13'10".
The elevated position and generous proportions create a bright and comfortable principal reception room with plenty of space for both seating and occasional furniture.
Bedroom Four / Study Also on this floor is a further double bedroom.
Its size and position make this a particularly versatile room, equally well suited as a bedroom, home office, playroom or additional reception space.
Second Floor The upper floor provides three further bedrooms and two bathrooms. The principal bedroom is a good sized double room measuring approximately 15'4" x 11'3".
There are two further bedrooms on this floor. The bedrooms are served by two separate shower/bathroom facilities, making the arrangement particularly practical for family living or visiting guests.
Outside To the rear of the house is a private enclosed garden with an attractive mature silver birch providing a leafy backdrop.
The garden has been designed with ease of maintenance in mind, incorporating paved and gravelled areas which provide plenty of space for outside seating, dining and entertaining.
Brick walling and timber fencing create a good degree of enclosure and privacy. A particularly useful additional feature is the separate garage, positioned to the rear of the property.
Fleming Way forms part of an attractive established development, characterised by its distinctive architecture and landscaped surroundings.
Location St Leonards is one of Exeter's most sought after residential areas, popular for its excellent access to the city centre while retaining a strong sense of community.
The property is well placed for the independent shops, cafes, restaurants and amenities found around Magdalen Road and the surrounding St Leonards area, while Exeter city centre is also readily accessible.
The location is particularly convenient for the Royal Devon and Exeter Hospital, local schools and Exeter's extensive range of leisure, shopping and transport facilities.
With its generous accommodation, flexible three storey layout, private garden and garage, Fleming Way represents an excellent opportunity to acquire a substantial home in this highly regarded part of the city.
Property Information TENURE: Freehold SERVICES: Mains electricity, water and drainage HEATING: Gas central heating COUNCIL TAX: Band F BROADBAND: Full Fibre Available MOBILE: Signal dependent on provider ESTATE / MANAGEMENT CHARGES: We have been advised by the vendor, there is a charge of approximately £200 per year.
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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 Fleming Way, Exeter, Devon, EX2
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