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See how verdicts work4-bedroom terraced house · EX4 4LS
Under offerListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This is a good four bedroom student HMO with a tenancy agreement in place for the 2026/2027 academic year generating an exclusive rental income of £3,208.00 pcm.
The property benefits from gas fired central heating, separate communal room, low wall enclosed frontage, courtyard rear garden and some original features such as fireplaces and is situated in an excellent prime location for Exeter University as well as Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Entrance door to Vestibule: Part pine and tile panelled walls with dado rail, quarry tiled flooring, ceiling architrave, part glazed lead lined stained glass door to Hallway: Radiator, feature arch, dado rail, stairs rising to first floor with cupboard below.
Bedroom One: 4.01m (13'2") x 3.56m (11'8") in to bay and alcove.
Radiator, feature cast iron fireplace with surround and mantel piece, picture rail, ceiling architrave, central ceiling rose, aspect to the front.
Living Room: 3.45m (11'4") x 2.95m (9'8") into alcove.
Radiator, recess in exposed brick chimney breast with shelving, built in glass fronted cabinet, cupboard and drawer in alcove, central ceiling rose, aspect to the rear.
Kitchen/Diner: 4.65m (15'3") x 3.05m (10'0") into alcove.
Fireplace with tile and wood surround and mantel piece, stainless steel sink unit with hot and cold mixer tap, three separate work surfaces with cupboards, drawers and shelving below, appliance space for electric cooker, cooker hood, exposed floorboards, wall mounted boiler supplying domestic hot water and central heating, French door opening on to rear gardens.
Conservatory: 2.92m (9'7") x 1.27m (4'2") Work surface with appliance spaces below, plumbing for washing machine, glazed door to rear garden.
First Floor Landing: Exposed floorboards, access to roof space, built in linen cupboard with shelving over stairs. Bedroom Two: 4.27m (14'0") x 4.01m (13'2") into bay.
Radiator, cast iron fireplace with wood surround and mantel piece, picture rail, built in wardrobes in alcoves, exposed floorboards, aspect to the front.
Bedroom Three: 3.48m (11'5") x 2.95m (9'8") Radiator, cast iron fireplace with wood surround and mantel piece, picture rail, built in shelving in alcove with overhead storage cupboard, exposed floorboards, aspect to the rear.
Bedroom Four: 3.23m (10'7") x 3.07m (10'1") into alcove plus a deep door recess.
Radiator, cast iron fireplace with wood surround and mantel piece, picture rail, exposed floorboards, aspect to the rear.
Shower Room/Wc: 1.93m (6'4") x 1.75m (5'9") Heated towel rail, large shower tray with wall mounted mains mixer shower and screen, wash hand basin with hot and cold mixer tap, cupboard below, close coupled w/c, wall mounted medical cabinet, extractor fan.
Outside Front: Low wall enclosed frontage/bin storage area. Rear Garden: Enclosed courtyard garden with timber decked patio area, flowerbeds stocked with shrubs and trees. Brick storage shed.
Agents Notes: Council Tax: Exeter City Council – Band C (Currently zero rated) EPC D (67) 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
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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 Danes Road, Exeter
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