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See how verdicts work6-bedroom terraced house · EX4 6JL
Under offerListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This is a spacious 6 bedroom, 2 reception, licenced investment property currently let to students with a tenancy agreed for the 2026/2027 academic year on a weekly rental income of £195 pppw, inclusive of utility bills.
It benefits from gas fired central heating, upvc double glazed replacement windows, and has accommodation including kitchen, separate dining room, a communal living room, two bath/shower rooms and a courtyard garden to the rear.
The property is situated in a prime student location handy for the main University campus and Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Entrance door to Vestibule: Dado rail, ceiling architrave, part glazed door to Hallway: Radiator, feature arch.
stairs rising to the first floor with cupboard below. Living Room: 3.73m (12'3") x 3.71m (12'2") into alcove. Radiator, ceiling architrave, aspect to the front.
Bedroom One: 3.81m (12'6") x 3.12m (10'3") into alcove. Radiator, pedestal wash basin with splash backs, aspect to the side.
Dining Room: 4.47m (14'8") x 2.92m (9'7") Radiator, work surface under wall mounted cupboard units, appliance space for American style fridge/freezer.
Kitchen: 3.10m (10'2") x 1.83m (6'0") Stainless steel single drainer sink unit with hot and cold mixer tap, four ring halogen hob, both set in L’shaped work surfaces with cupboards, drawers and applications space below, plumbing for dishwasher, built in electric oven, tiled splash backs, wall mounted cupboard units, upvc double glazed door to rear garden.
Outside Utility: Plumbing for washing machine. First Floor Half Landing: Built in cupboard housing the boiler providing domestic hot water and central heating system.
Separate W/c: Close coupled w/c, wash hand basin with splash backs, extractor fan.
Bathroom: 2.49m (8'2") x 1.65m (5'5") Heated towel rail, panel bath with hot and cold mixer tap, integrated shower head and glass screen, pedestal wash basin with hot and cold mixer tap, splash backs, close coupled w/c, extractor fan, Velux double glazed window.
Landing: Stairs rising to second floor. Bedroom Two: 3.71m (12'2") x 2.21m (7'3") Radiator, ceiling architrave, aspect to the front. Bedroom Three: 3.56m (11'8") x 2.36m (7'9") into alcove.
Radiator, pedestal wash basin with splash backs, aspect to the front. Bedroom Four: 3.78m (12'5") x 2.77m (9'1") plus door recess. Radiator, pedestal wash basin with splash backs, aspect to the rear.
Second Floor Landing: Access to roof space. Bedroom Five: 4.83m (15'10") x 2.44m (8'0") into alcove. Radiator, pedestal wash basin with splash backs, aspect to the front.
Bedroom Six: 3.78m (12'5") x 3.12m (10'3") in alcove. Radiator, pedestal wash basin with splash backs, aspect to the rear.
Shower Room: 3.07m (10'1") x 1.19m (3'11") Heated towel rail, shower tray with wall mounted mains mixer shower and screen door, close coupled w/c, pedestal wash basin with splash backs, extractor fan.
Outside Rear Garden: Wall enclosed courtyard garden, secure outhouse/utility.
Agents Notes: Council Tax: Exeter City Council – Band C (Currently N Rated) EPC D (62) The agent does not manage this property and has not had sight of the tenancy agreement in order to verify the rental income For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED
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 Springfield Road, Exeter
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