3-bedroom terraced house · EX8 4AD
Sold STCListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, beautifully presented 3 bedroom townhouse, enjoying a tranquil cul de sac location.
Drakes Gardens is an intimate development of just 10 properties, with attractive communal areas, enjoying a scenic position just off Salterton Road and in an ideal location for nearby supermarkets, retail parks, local schools and the amenities within Exmouth town centre.
It is a truly delightful address at the end of Drakes Avenue with mature trees and open space surrounding the properties.
e The property itself comprises of the entrance hall, ground floor WC, storage cupboards, breakfast kitchen and large living/dining room which in turn leads into the conservatory and the enclosed rear garden.
On the first floor are the two double bedrooms and one single bedroom, a bathroom which is fitted with a contemporary suite and access to an extremely large loft which would lend itself to being converted into additional accommodation, subject to obtaining the necessary consents.
Outside, the back garden is south facing with a conservatory along the back of the property getting sun most of the day. Finished to a high degree with ceramic tiled flooring.
Garage in block of 3, in private grounds.
The upkeep cost of the communal garden area is approximately £50 per month Council Tax Band D EPC Rating D The property is offered for sale freehold, by private treaty.
All mains gas, water and electric are connected. Fully double glazed windows and doors Gas fired central heating. Local Authority- East Devon District Council.
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
FAQ
About Drakes Avenue, Exmouth, EX8
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