4-bedroom house · EX2 4SZ
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market for sale with no onward chain this generous four-bedroom townhouse occupies a pleasant cul-de-sac position overlooking a communal green.
The property is located in a highly sought-after and convenient area, providing access to the Royal Devon & Exeter Hospital, the City Centre, Exeter's Historic Quayside, and a regular bus service.
Requiring a degree of updating throughout the property features ample and adaptable living space arranged across three levels.
The ground floor includes a generous entrance hall, a cloakroom, and an impressive open-plan kitchen/dining area with double doors leading to the garden.
On the first floor, there is a spacious L-shaped living room with access to a balcony.
The principal bedroom is also located on this level, equipped with an extensive range of floor-to-ceiling wardrobes and an ensuite shower room.
The second floor comprises three additional bedrooms and a family bathroom fitted with a four-piece suite.
Externally, the property boasts an enclosed, low-maintenance rear garden that provides a significant level of privacy and pedestrian access through a rear gate.
At the front, there is a garden, a storage cupboard, a driveway accommodating one vehicle, and access to the single garage.
Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing to full appreciate all it has to offer.
Material Information - Construction notes: Unknown.
Heating: Gas Central Heating Utilities: Connected to mains Gas, Electric, Water & Drainage Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Estate Management Charge - This property is subject to estate management charge of £465.05 per annum 360 Virtual Tour - A 360 degree Virtual Tour is available to view on our web site.
Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Value & comps
No previous sales on record.
Returns
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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 Gras Lawn, Exeter
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