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See how verdicts workHouse · EX2 4AA
Listing removedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial and highly versatile commercial property situated within the prestigious Dean Clarke House development, offering exceptional residential conversion potential in one of Exeter’s most sought-after central locations.
Currently arranged over two floors as a sizeable commercial unit, the property presents an exciting opportunity for developers, investors or buyers seeking a unique conversion project.
The generous proportions and flexible layout provide excellent scope for reconfiguration, subject to the necessary consents.
The ground floor comprises a large open-plan room, ideal for a variety of future layouts, alongside a ground floor WC and access to a private courtyard garden, a rare feature within such a central setting.
Upstairs, the property benefits from a kitchen area, two substantial rooms and a bathroom, with the existing layout naturally lending itself to redevelopment.
The two properties directly adjoining have already been successfully converted into attractive residential homes, further demonstrating the strong precedent for residential use within the development.
Subject to the relevant permissions, we believe the property could be well suited for conversion into a large four-bedroom residence or 2 self contained apartments.
Dean Clarke House is one of Exeter’s most iconic historic developments, located within the highly desirable Southernhay district.
The property is just moments from Exeter city centre, offering immediate access to restaurants, cafés, boutique shops, leisure facilities and excellent transport links, including Exeter Central and St David’s train stations.
This is a rare opportunity to acquire a property with outstanding flexibility and development potential within a landmark Exeter setting.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 6 Victory House, Dean Clarke Gardens, Exeter
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