Archibald Road, Exeter

This four-storey terraced property offers a strategic investment opportunity, currently configured as three flats, two of which are self-contained. The basement area has rental potential, generating an annual income of £27,240 excluding bills when fully occupied. Given the property's location near Exeter City Centre and existing full planning permission (22/1100/FUL) for conversion from three flats to two maisonette HMOs, this property could serve as an ideal candidate for redevelopment. With architectural plans already in place since September 2021 for further enhancements, the options for maximizing space and increasing value are plentiful. The property's layout includes amenities such as multiple living spaces, kitchens, and a garden area which holds further development potential.