Summary - 11 BARBICAN COURT, EXE STREET EX4 3HS
2 bed 1 bath Terraced
Practical two-bedroom lot with a big garden and auction sale terms.
Freehold mid-terrace townhouse, 566 sqft, two bedrooms
Large rear garden; currently unkempt, needs landscaping
Off-street resident parking; resident parking noted
Boiler installed December 2020; mains gas heating
High-crime and deprived area; strong student neighbourhood profile
Sold via Modern Method of Auction — 4.5% reservation fee applies
Buyer Information Pack fee £349; completion within 56 days
Small overall size; internal cosmetic works likely
This two-bedroom mid-terrace townhouse in EX4 offers compact, lettable accommodation and a large rear garden, suited to investors or buyers seeking a renovation project. At 566 sqft across multiple storeys, the layout includes a roomy lounge, practical kitchen, two bedrooms and a single bathroom — simple, functional spaces that need some updating.
Key value drivers are the sizeable garden, off-street resident parking, recent boiler (installed December 2020) and freehold tenure. The property was built c.1996–2002, has double glazing, cavity walls (assumed insulated) and mains gas central heating, which reduce immediate major works for a cash buyer or landlord.
Important drawbacks are material: the house sits in a high-crime, deprived neighbourhood with a strong student presence, which will affect tenant mix, rental yields and resale profile. The garden and exterior show signs of neglect and will need maintenance; internal cosmetic refurbishment is likely. The sale is by the Modern Method of Auction — buyers must pay a non-refundable reservation fee of 4.5% (minimum £6,600) and a Buyer Information Pack fee (£349) and complete within 56 days. Mortgage buyers should check affordability and lender criteria before bidding.
This is a straightforward, low-maintenance investment or a practical first renovation for someone prepared for the auction process and local market realities. For an investor, the property offers rental potential and outdoor space; for an owner-occupier, expect to invest time and money into upgrading and security measures.
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