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See how verdicts work2-bedroom terraced house · EX4 7BQ
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular area of Mount Pleasant, this two-bedroom terraced house offers well-proportioned accommodation arranged over two floors and is being sold with no onward chain.
The ground floor comprises an entrance hallway, a living room with useful under-stairs storage, a fitted kitchen and a downstairs cloakroom, while upstairs are two similarly sized double bedrooms and a family bathroom.
Outside, the property benefits from an enclosed rear garden, together with a garage in a block to the rear, offering useful additional space for parking and storage.
Monks Road is conveniently positioned for access to Exeter city centre, with its range of high street shops, cafés, restaurants and leisure facilities.
The surrounding area of Mount Pleasant also offers a selection of local shops, convenience stores and green spaces, with regular bus services and Polsloe Bridge railway station providing connections further afield.
The location is also well placed for access to both the University of Exeter's Streatham campus and the St Luke's campus.
Ground Floor An entrance hallway provides access to the living room, with stairs rising to the first floor.
The living room has a window to the front aspect and a large built-in storage cupboard beneath the stairs.
A door opens into the kitchen, which is fitted with a range of matching wall and base units, complemented by worktops and a tiled splashback.
There is a 1.5 bowl sink and drainer with a mixer tap over, alongside an integrated oven with a gas hob and extractor hood above.
Space is also available for a washing machine and a tall fridge freezer.
A window to the rear aspect brings natural light into the room, while an archway leads through to a lobby area providing access to the garden and downstairs cloakroom.
The lobby also houses the Glow-worm boiler. First Floor The first-floor landing provides access to both bedrooms and the bathroom.
The bedrooms are similarly well-proportioned doubles, with bedroom one featuring a window to the front aspect.
Bedroom two has a window to the rear aspect overlooking the garden, and a cupboard housing the hot water tank.
The bathroom comprises a close-coupled WC, a pedestal wash basin with a mixer tap over, and a bath fitted with a mixer tap and shower over.
Outside The enclosed rear garden is predominantly laid to lawn, with a number of shrubs and a path leading to a gate at the far end, providing separate access.
The property also benefits from a garage situated in a block to the rear, providing useful space for parking and storage. The garage also has a window. Property Information Tenure: Freehold.
Council tax band: B.
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
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FAQ
About Monks Road, Exeter
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