Summary - 36 New Bridge Street EX4 3AH
6 bed 4 bath Terraced
Six-bed conversion with planning consent, ideal for investor refurbishment.
- Prime Exeter city centre location, near shops and transport links
- Planning granted for six-bed, four-bath HMO (Ref. 25/0140/FUL)
- Freehold; total area about 1,647 sq ft across multiple floors
- Requires full refurbishment; EPC rating G and dated internal decor
- Heating via room heaters; dual fuel (mineral and wood) system
- Timber-frame walls assumed with no insulation; may need structural work
- Auction sale: immediate exchange, 10% deposit, 4.5% reservation fee
- Broadband speeds slow; mobile signal excellent
A substantial mid-terrace Victorian property in Exeter city centre, offered with full HMO planning permission (Ref. 25/0140/FUL) to create six bedrooms and four bathrooms. The building is freehold and sits close to shops, transport links and city amenities, making it highly suitable for student or professional sharers. EPC rating G and extensive refurbishment are required; the property is sold at auction with immediate exchange and a 28-day completion period.
The layout and planning consent provide a clear route to rental income in a high-demand city location. Room count, square footage (1,647 sq ft) and central siting give strong letting potential once upgraded; anticipated rents for shared rooms are attractive in this market. Low flood risk, very low local crime and excellent mobile signal support lettings, though broadband speeds are noted as slow.
Buyers should note material renovation needs: the property requires comprehensive updating (EPC G), heating currently by room heaters and dual fuel, assumed timber-frame walls with no insulation, and dated internal finishes. The auction process includes a 10% non-refundable deposit on exchange and a separate Reservation Fee of 4.5% (minimums apply). Prospective purchasers must review the Buyer Information Pack before bidding and factor in renovation costs and auction purchase fees when assessing returns.
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