2-bedroom house · EX4 0AT
Under offerListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, Leeridge presents a truly exceptional opportunity to acquire a detached two-bedroom bungalow occupying a substantial plot within the highly sought-after village of Poltimore.
Surrounded by generous front, side and rear gardens, this versatile property offers enormous scope for those looking to create their dream home.
The current accommodation comprises a welcoming living room, kitchen, separate dining room, two well-proportioned bedrooms, family bathroom, together with a garage and private driveway providing ample off-road parking.
Situated in the picturesque village of Poltimore, the property enjoys the perfect balance of peaceful rural living whilst remaining within easy reach of the vibrant Cathedral City of Exeter.
Nearby Broadclyst provides a range of everyday amenities including a village shop, post office, pharmacy, GP surgery, cafés, pubs and community facilities, whilst nearby Pinhoe offers further supermarkets, retail outlets and additional local services.
The beautiful grounds of Poltimore House and the surrounding Devon countryside provide excellent opportunities for walking, cycling and outdoor pursuits.
Families are well served by a selection of highly regarded schools including Westclyst Community Primary School, Broadclyst Community Primary School, Pinhoe Church of England Primary School & Nursery and Clyst Vale Community College, with an excellent range of independent schools also available within Exeter.
The property is exceptionally well connected, with regular bus services nearby, Pinhoe railway station providing direct links to Exeter, London Waterloo and beyond, together with Cranbrook railway station offering further rail connections.
The A30, M5 (Junctions 29 and 30), Exeter Airport, Sowton Industrial Estate, Exeter Science Park, SkyPark and the Met Office headquarters are all within easy reach, making this an ideal location for commuters whilst still enjoying village life.
This is a rare opportunity that will appeal to a wide variety of purchasers including families looking to create a forever home, downsizers seeking generous outside space, developers, investors and self-build enthusiasts searching for a plot with outstanding future potential.
Opportunities of this nature, combining an enviable village setting, extensive gardens, excellent connectivity and significant development possibilities, are seldom available, making Leeridge a truly exciting and unique proposition.
By law, we are required to conduct anti-money laundering checks on all potential buyers and we take this responsibility very seriously.
If your offer to purchase a property is accepted (subject to contract), you will need to satisfy the requirements set out in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To comply with these obligations, we work with an independent third-party provider, Coadjute, to complete ID verification, AML checks, and source of funds checks.
A non-refundable fee of £27 plus VAT (per person) applies for these checks and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
As a regulated Sales Agent, we are required to be part of an approved redress scheme.
We are members of The Property Ombudsman, which is a government-approved scheme providing independent dispute resolution. From time to time, we may introduce buyers or sellers to The Mortgage Quarter.
Use of their services is entirely optional. If you choose to proceed with them, please be aware that we may receive an average referral payment of £200 for the introduction.
Stamp Duty Land Tax (SDLT) may be payable on your purchase.
We advise speaking with your solicitor or legal representative to confirm what, if any, amount is due based on the latest government guidelines. Council Tax Band: D Tenure: Freehold
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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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 advisors 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 Leeridge, Poltimore, Exeter EX4 0AT
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