2-bedroom terraced house · EX4 1SJ
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom terraced house represents an opportunity for buyers looking for a property that needs renovation and can be tailored to their own requirements.
The accommodation comprises of a spacious lounge, kitchen/dining room and a bathroom, together with two bedrooms.
The existing layout offers a straightforward arrangement for those wishing to refurbish, reconfigure or modernise to suit their needs.
The property has an EPC rating of D and falls within Council Tax Band B.
Exeter offers a wide range of amenities, including supermarkets, independent shops, cafés and restaurants, primarily centred around the city centre and the High Street, reachable by local bus services or car.
The city is well served by schools and colleges, as well as leisure facilities, gyms and green spaces.
Nearby parks such as Exeter’s riverside paths and open spaces provide options for walking, cycling and outdoor recreation, while the wider area gives access to the Exe Estuary and Dartmoor National Park for those seeking further outdoor activities.
Public transport in Exeter is well established, with Exeter St David’s and Exeter Central railway stations providing direct services to London Paddington, London Waterloo, Bristol, Plymouth and other regional destinations.
Typical journey times to London Paddington from Exeter St David’s are around 2 to 2.5 hours by train, with frequent services also operating to major South West hubs.
This property may appeal to those seeking a project in an established Exeter residential location, with good access to city facilities and transport links. EPC rating: D.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 38, Addison Close, Exeter
Explore nearby