2-bedroom terraced house · EX4 2ND
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well presented two double bedroom house located on the fringe of the city with modern fitted kitchen, enclosed garden to the rear with office and allocated parking, representing an ideal ifirst time purchase or investment opportunity.
EPC D, Council Tax Band B, Freehold. Front door to.. entrance vestibule: Door to.. Lounge: 3.6m x 3.3m (11'10" x 10'10") , Double glazed window to the front, electric radiator.
Kitchen/diner: 4.4m x 3.2m (14'5" x 10'6") , Base cupboard and drawers with worktop over, sink and drainer, space for fridge freezer, space for washing machine, space for tumble dryer, built in oven and hob with extractor over, wall mounted cupboards, double glazed window to the rear, door to the rear garden, spot lights, electric radiator, stairs to first floor landing with storage cupboard under.
First floor landing: Loft access, airing cupboard, door to.. Bedroom 1: 3.3m x 2.5m (10'10" x 8'2") , Double glazed window to the front, electric radiator.
Bedroom 2: 3.3m x 2.3m (10'10" x 7'7") , Double glazed window to the rear, electric radiator.
Bathroom: Close coupled WC, wash hand basin with storage cupboard under, panelled bath with shower over, heated towel rail.
Outside: To the front of the property is a pathway leading to the front door with steps and wood chippings.
To the rear of the property is an enclosed garden with decked patio and area of artificial grass. There is also a handy garden room with power and electric heating.
Agents note: There is no gas connection in the area
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
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FAQ
About 185, Farm Hill, Exeter
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