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See how verdicts work5-bedroom house · EX4 4UY
Listing removedListed 579 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire this very impressive 5 bedroom townhouse forming part of the prestigious and highly sought after residential Horseguards development and former army barracks which was redeveloped in 2000.
The is a surprisingly large property with two of the five bedrooms extending over the archway.
Perfect for those seeking a large family home or high end investment property for the rental market within easy walking distance of Exeter University's Streatham Campus and the City Centre.
In recent months the property has been redecorated and re-carpeted throughout.
On the ground floor, the accommodation comprises entrance hall, cloakroom/WC and a well appointed kitchen/diner with direct access onto the southwest facing patio and rear garden.
The spacious integral garage is accessed internally from the entrance hall and comes with a utility area.
The first floor benefits from a large lounge/communal living room for tenants, shower room and two bedrooms. The second floor is arranged with the remaining three bedrooms and a bathroom.
One of the second floor bedrooms benefits from its own on en-suite shower room.
The property also benefits from having its own private driveway and hard landscaped frontage providing off road parking for two vehicles and vehicular access to the integral garage.
Strong interest anticipated and early viewings recommended!
Entrance Hall Kitchen/Dining Room (4.45m x 3.02m (14'7" x 9'10")) Cloakroom Wc On The First Floor Landing Lounge (5.09m x 4.46m (16'8" x 14'7")) Bedroom 3 (2.77m x 2.73m (9'1" x 8'11")) Bedroom 4 (2.90m x 2.22m (9'6" x 7'3")) Shower Room On The Second Floor Landing Master Bedroom (4.47m x 3.50m (14'7" x 11'5")) En-Suite Shower Room Bedroom 2 (4.45m x 2.77m (14'7" x 9'1")) Bedroom 5 (2.90m x 2.23m (9'6" x 7'3")) Bathroom Outside The property comes with a well enclosed south-west facing rear garden and also benefits from having its own private driveway and hard landscaped frontage providing off road parking for two vehicles and vehicular access to the integral garage.
Integral Garage (5.19m x 2.40m (17'0" x 7'10")) This integral garage is conveniently accessed internally from the entrance hall and comes with useful utility area.
Lease Information (Originally 999 Years) Lease Term 999 years from 2000. 974 years remaining.
Service Charge & Ground Rent Annual Service Charge - £463.12 (£231.56 paid bi-annually) Annual Ground Rent - £236.00 (£118 paid bi-annually)
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
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FAQ
About 3 Addington Court, Horseguards, Exeter
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