5-bedroom house · EX1 2LZ
For saleReduced £35k (−5.5%) on 27 AugListed 176 days
Opportunity summary
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About
Description This spacious and characterful three-storey semi-detached home offers flexible accommodation extending to approximately 2,004 sq ft, perfectly suited to modern family living.
A standout feature is the impressive 19ft home office/studio, ideal for those working from home.
Originally designed as a reception room, this flexible space could easily serve as a ground floor bedroom if desired.
The ground floor further comprises a separate dining room, kitchen with direct access to the garden, and a convenient shower room/WC.
The first floor boasts another impressive 19ft double bay-fronted reception room, featuring attractive wooden flooring and currently used as the principal living space, providing a bright and inviting setting.
Arranged over the upper floors are four well-proportioned bedrooms, complemented by a family bathroom.
Externally, the property benefits from an enclosed front garden and a private passageway providing access to both the front entrance and the rear garden.
The rear garden faces South and is mainly laid to level lawn, bordered by mature shrubs, with a designated seating area, perfect for outdoor dining.
Situation Heavitree Road is situated on the fringes of St. Leonards and within reach of the Waitrose Supermarket.
Amenities are excellent and the Magdalen Road ‘village’ with its variety of independent shops, eateries and public house is within close proximity.
The location is especially appealing for healthcare professionals, with the Royal Devon and Exeter Hospital (rd&E) just a short walk away.
Exeter city centre is also easily accessible on foot, by bike, or via regular public transport, providing a wide range of shopping and dining outlets.
Families are well catered for, with a strong selection of both highly regarded state and independent schools nearby.
These include St Leonards Church of England Primary School and Heavitree Primary School. The city offers renowned higher educational facilities with its University and College.
There are excellent sports and leisure facilities situated on the river and Exeter offers a selection of theatres, cinemas, Museum, Cathedral, football, rugby and leisure centres.
For commuters, Exeter provides strong transport connections.
Regular rail services link to London Paddington, while the nearby Exeter Airport, approximately five miles away, offers both domestic and international flights.
Road connections via the M5 and A30 further enhance accessibility.
Directions From Exeter city centre proceed along Heavitree Road (B3183), passing Waitrose on the left and the property will be found on the right hand side.
Services: The vendor has advised the following: Mains gas (serving the central heating and hot water), mains electricity, water and drainage. Two gas fires.
Telephone connected and currently under Contract with Virgin Media. Broadband: (FTTP) Contract provider currently Virgin Media - Download speed 458.22 Mbps and Upload speed 45.97 Mbps.
Mobile signal: Various networks available at the property including 02, EE, three & Vodafone. Agents Note: The property is Grade II Listed and sits within the St Leonards Conservation Area.
The property benefits from Residents Parking in Zone P. There are several Planning Permissions granted relating to this property Jan 1988 Alteration to frontage (Ref No.
88/0041/lba) / Jan 2000 Change of use of ground floor shop to residential, removal of shop front and construction of new bay windows (Ref No.
00/0028/ful) / Jan 2000 Internal and external alterations including ground floor shower room, re-roofing, replacement and new windows and door (Ref No.
00/0029/lbc) / Aug 2001 Retention of wall, railings and gate on front boundary (Ref No. 01/1166/ful & 01/1165/lbc). Further details can be found on the Exeter City Planning portal.
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 154, Heavitree Road, Heavitree
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