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See how verdicts work2-bedroom flat · EX8 2HT
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: communal entrance and hallway: The apartment is found on the ground floor, approached by a private front door to: Reception hall: Deliveries and meter cupboard; coats cupboard; adjoining cupboard with slatted shelving; airing cupboard housing water tank and gas boiler; door entry telephone; radiator.
Lounge/dining room: 4.85m x 3.73m (15'11" x 12'3") Radiator; double glazed window and door giving access to covered sun terrace which overlooks and gives direct access on to the extensive communal gardens.
Kitchen: 3.43m x 2.72m (11'3" x 8'11") Comprising of cupboards and drawer units under work surfaces; single drainer sink unit with tiled splashback; wall mounted cupboards; radiator; electric cooker point; double glazed window to front aspect.
Bedroom one: 5.05m x 3.66m (16'7" x 12'0") maximum overall measurements.
Built in floor to ceiling wardrobes with mirror fronted sliding doors; radiator; double glazed window overlooking the rear gardens.
Bedroom two: 3.35m x 3.35m (11'0" x 11'0") Built in floor to ceiling wardrobes with mirror fronted sliding doors; radiator; double glazed window to front aspect.
Bathroom/WC: 2.36m x 1.7m (7'9" x 5'7") Comprising bath; pedestal wash hand basin; WC; tiling to splash prone areas; radiator; ceiling extractor fan.
Outside: To the front of the property there is decorative stone communal gardens with well stocked shrub and flower beds. There is a single garage located in a nearby block with up and over door.
To the rear of the development, there are extensive communal gardens that are well maintained comprising of an extensive area of lawn with mature shrubs, trees and flowerbeds.
Tenure: The property is Leasehold with a 99 year lease from 1969. Service charges: £1,530.87 [January to December 2025 - changes annually]. Ground Rent: £10 six monthly.
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 10a,Flat 3 Cranford House, Cranford Avenue, Exmouth
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