2-bedroom terraced house · EX2 4JF
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for Let, this well presented two bedroom property located in the popular area of St Leonards which offers excellent access to the City Centre and Exeter's Historical Quayside.
A covered porchway leads directly into the open plan lounge diner with opening to a modern kitchen with integrated fridge/freezer, freestanding washer/dryer and oven and hob.
On the first floor there is one double bedroom to the front and a second small single bedroom (ideally used as a study/dressing room) with obscured glazed window to rear, and a shower room.
Council Tax Band B EPC Rating C Would suit a professional Couple or Individual. Due to the size of the second bedroom we are unable to consider sharers. Non smokers only. Holding Deposit £219.
In person viewings only. Please note - this property does not have an allocated parking permit for the property therefore, please consider this if you have a car.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1, Bull Meadow Road, Exeter
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