2-bedroom house · EX2 4HB
Listing removedListed 91 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two double bedroom terraced home in the sought-after St Leonards area of Exeter.
Newly redecorated with new flooring throughout, this bright and spacious property offers a generous lounge/diner with bay window, modern fitted kitchen with fridge/freezer and space for a washing machine, modern family bathroom with separate WC, enclosed rear garden and a large workshop/storage shed.
Permit parking available. Ideally located just a short walk from Exeter City Centre and the Quayside, making it perfect for professionals, couples or a small family. Available early August.
Situated in the ever-popular St Leonards area of Exeter, this beautifully presented two-bedroom terraced home has been newly redecorated with new flooring throughout, creating a bright and welcoming space ready for immediate occupation.
Just a stone's throw from the City Centre and the historic Quayside, the property is perfectly suited to a professional, couple or small family, offering spacious accommodation combined with a highly convenient location.
The ground floor comprises a generous lounge/diner featuring a charming bay window to the front, creating a light-filled living space ideal for both relaxing and entertaining.
To the rear is a modern fitted kitchen complete with a fridge/freezer, integrated oven and hob, and space for a washing machine, with direct access to the enclosed rear garden.
Upstairs are two bright double bedrooms, a modern family bathroom and a separate WC, providing practical accommodation for everyday living.
Outside, the enclosed rear garden offers a low-maintenance outdoor space along with an impressive large timber workshop/storage shed, ideal for bikes, hobbies or additional storage.
Further benefits include, permit parking, and an excellent location within walking distance of Exeter City Centre, the Quayside, local amenities, cafés and excellent transport links.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 21, Roberts Road, Exeter
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