2-bedroom house · EX2 8GL
Listing removedReduced £5k (−2.1%) on 3 JulListed 370 days
Opportunity summary
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About
Detailed Description A fantastic opportunity to purchase this unique two bedroom home, thoughtfully designed with a bright and spacious open-plan living area on the upper level and two well proportioned double bedrooms below.
Ideally situated just a short walk from Pinces Gardens, local shops, supermarkets, and excellent transport links makes this property perfect for professionals, first-time buyers, or investors alike.
EPC C, Council Tax Band C, Freehold.
This beautifully presented home offers a generous open-plan living and dining space, creating the perfect setting for both everyday living and entertaining.The versatile second double bedroom provides excellent flexibility and would make an ideal home office or guest room.
The well-appointed bathroom features a full-sized bath with a separate generously sized corner shower unit, a vanity unit with useful storage beneath the sink, and a bright, contemporary finish.
Practicality is a key feature throughout the property, with an airing cupboard on the ground floor offering space for a tumble dryer, alongside an exceptionally large under-stairs storage cupboard, providing ample storage in place of a loft.The spacious principal bedroom benefits from a bespoke wardrobe and storage unit, which may be included in the sale by separate agreement if desired.
Front door to.. entrance hall: Stairs to first floor landing, radiator, storage cupboard, double glazed window.
Bedroom 1: 4.4m x 3.6m (14'5" x 11'10") Maximum , Double glazed window to the front, radiator. Bedroom 2: 3.6m x 3.0m (11'10" x 9'10") , Double glazed window to the front, radiator.
Bathroom: Suite comprising roll top bath, close coupled WC, shower cubicle with wall mounted shower, wash hand basin, towel rail.
First floor landing: Double glazed window to the front, radiator, open plan to.. Living room: 6.2m x 3.8m (20'4" x 12'6") , Double glazed windows to the front and the side, radiators.
Kitchen: 3.5m x 3.0m (11'6" x 9'10") , Double glazed windows to the front and the side, base cupboards and drawers with worktop over, sink and drainer, built in oven with seperate hob and hood over, wall mounted cupboards, space for frdige freezer, built in washing machine, roof window.
Agents note: The property is within a conservation area.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Luccombe Cottage, Luccombe Lane, Exeter
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