2-bedroom bungalow · EX1 3DP
Listing removedListed 461 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and spacious two-bedroom semi-detached bungalow, being sold with no onward chain and located in this popular residential area of Heavitree.
The bungalow offers convenient access to a wide range of local amenities on Heavitree Fore Street, a regular bus service, and Heavitree Park.
In need of cosmetic updating throughout, the bungalow offers versatile accommodation with a split-level layout, comprising an entrance hall, a cloakroom, a dual-aspect kitchen with space for a gas cooker and plumbing for both a washing machine and dishwasher, a spacious living room, two double bedrooms, and a bathroom.
Outside is an enclosed garden with a paved patio and an area of garden laid to lawn featuring a range of shrubs. A gate provides access to the front of the property.
To the front of the bungalow is a low-maintenance front garden with decorative stone chippings. Off-road parking is provided on the private driveway in front of the single garage.
Early internal viewing is highly recommended. Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents. Material Information Construction notes: Brick.
Utilities: Awaiting information. Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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
Agent & docs
FAQ
About 29, Lonsdale Road, Exeter
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