2-bedroom house · EX1 3WH
Listing removedListed 157 days
Opportunity summary
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About
Description *40% shared ownership* An immaculately presented and exceptionally spacious two double bedroom modern home, located in the popular Westclyst area.
The property is within close proximity to all major road networks, a range of excellent primary and secondary schools as well as plenty of local amenities.
The ground floor boasts a light and spacious living room to the front, with a lovely kitchen/diner occupying the rear with downstairs cloakroom/utility.
Upstairs hosts two generous double bedrooms, both with ample storage and modern fitted family bathroom services both bedrooms.
Outside, you can enjoy a low maintenance rear garden with patio and lawn area, large shed and rear access. To the front, there is allocated parking for one vehicle.
Council Tax Band: C Tenure: Leasehold (115 years) Service Charge: £57.17 per month Shared Ownership: 40% being sold, £355.32 per month rental payments You can apply to buy the home if both of the following apply: * your household income is £80,000 or less * you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs One of the following must also be true: * you're a first-time buyer * you used to own a home but cannot afford to buy one now * you're forming a new household - for example, after a relationship breakdown * you're an existing shared owner, and you want to move * you own a home and want to move but cannot afford to buy a new home for your needs If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
There is a local connection criteria (Section 106 Agreement).
Entrance Hall UPVC front door into entrance hall, carpeted stairs to first floor Living Room Front double glazed window, radiator, carpeted, storage cupboard Kitchen/Diner Rear double glazed window and rear UPVC door into garden.
Kitchen has range of modern wall and base units with integrated oven and gas hob, integrated fridge freezer, inset stainless steel sink with drainer, space and plumbing for dishwasher, tiled flooring, door to utility Utility Low level WC, wash hand basin, radiator, space and plumbing for washing machine and tumble dryer First Floor Landing Carpeted stairs to first floor, loft hatch Bedroom 1 Front double glazed window, radiator, carpeted, storage cupboard Bedroom 2 Rear double glazed window, radiator, carpeted, storage cupboard Bathroom Low level WC, wash hand basin, panelled bath with shower over, heated towel rail Rear Garden Enclosed rear garden with lawn and patio, large shed and rear access for bins
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
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FAQ
About 3 Sandoe Way, Exeter
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