3-bedroom terraced house · EX4 5BS
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom home occupying a generous corner plot, with gardens extending to three sides and pleasant views across a communal green, situated within the highly sought-after residential area of Cowley.
Located on the northern outskirts of Exeter, less than two miles from the city centre, the property benefits from excellent local amenities, including a regular bus service, a well-stocked farm shop, and St David’s mainline railway station with direct services to London Paddington.
Greenacres is an attractive and well-maintained development of houses and apartments set within delightful surroundings.
Its edge-of-city location provides the perfect balance of convenience and access to nature, with nearby woodland walks and open green spaces to enjoy.
The spacious accommodation comprises an entrance hall, a modern fitted kitchen, and a light and airy open-plan living/dining room featuring double doors opening onto the rear garden.
A useful understairs storage cupboard completes the ground floor. On the first floor are three well-proportioned bedrooms and a contemporary shower room with a walk-in shower.
The property also offers potential for further extension, subject to the necessary planning consents. Outside, the delightful enclosed garden wraps around both the rear and side of the property.
Predominantly laid to lawn, it is complemented by mature shrubs, seasonal planting, and an established pear tree.
A garden shed provides useful storage, while a gate offers access to the front garden, which is similarly laid to lawn and bordered by mature shrubs.
To the front, the property enjoys an attractive outlook over a communal green, mainly laid to lawn and enhanced by a variety of mature trees.
A footpath leads to the nearby parking area, where the property benefits from an allocated single garage. Additional visitor parking is available within the Greenacres development.
Early internal viewing is highly recommended. Material Information Construction notes: Awaiting information. 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.
Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents. 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
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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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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 11 Greenacres, Wrefords Lane, Exeter
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