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See how verdicts work2-bedroom flat · EX1 3WX
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish purpose built first floor apartment situated within this popular residential development providing great access to local amenities and major link roads.
Presented in superb decorative order throughout. Two double bedrooms. Ensuite shower room to master bedroom. Reception hall. Modern bathroom.
Spacious sitting room open plan to modern kitchen/dining room. Covered balcony/terrace. Communal garden. Private allocated parking space. A great first time buy purchase. Viewing highly recommended.
Accommodation in detail comprises (All dimensions approximate) Communal front door, accessed via telephone intercom, to: Communal hallway Stairs lead to: Communal first floor landing Private door leads to: Reception hall Radiator.
Smoke alarm. Electric consumer unit. Telephone intercom. Storage cupboard with hanging rail and fitted shelf. Door to: Sitting room 13’2” (4.01m) x 10’0” (3.05m). Radiator. Telephone point.
Television aerial point. UPVC double glazed double opening doors lead to: Covered balcony/terrace With toughened glass enclosure and timber decked flooring.
From sitting room, opening to: Kitchen/dining room 9’8” (2.95m) x 7’6” (2.29m). A modern kitchen fitted with a range of matching base, drawer and eye level cupboards.
Marble effect roll edge work surfaces with matching splashback. Fitted electric oven. Four ring electric hob with stainless steel splashback and filter/extractor hood over.
Single drainer sink unit with modern style mixer tap. Space for upright fridge freezer. Plumbing and space for washing machine. Plumbing and space for slimline dishwasher.
Wall mounted concealed heat exchanger. Space for table and chairs. UPVC double glazed window to front aspect. From reception hall, door to: Bedroom 1 11’10” (3.61m) x 8’0” (2.44m). Radiator.
UPVC double glazed window to rear aspect with outlook over communal garden. Door to: Ensuite shower room A modern matching white suite comprising tiled shower enclosure with fitted mains shower unit.
Wash hand basin with tiled splashback. Low level WC. Heated ladder towel rail. Extractor fan. Obscure uPVC double glazed window to rear aspect.
From reception hall, door to: Bedroom 2 11’0” (3.35m) x 8’0” (2.44m). Radiator. UPVC double glazed window to rear aspect with outlook over communal garden.
From reception hall, door to: Bathroom 6’4” (1.93m) x 6’2” (1.88m). A modern matching white suite comprising panelled bath with fitted electric shower unit, glass shower screen and tiled splashback.
Wash hand basin with tiled splashback. Low level WC. Heated ladder towel rail. Extractor fan.
Outside The property benefits from the use of the communal garden which is situated to the rear of the building. There is also an allocated private parking space which is numbered. Tenure leasehold.
We have been advised the property was granted a lease term of 999 years which commenced 1st January 2017 (lease dated 26th June 2018).
Maintenance/service charge We have been advised the current charge is £124.44 per calendar month ground rent The current ground rent is £150 per annum material information Construction Type: To be confirmed Mains: - Water, drainage, electric Heating: District heating Mobile: Indoors – Current data from Ofcom website: Mobile: Outdoors – Current data from Ofcom website: Broadband: Current data from Ofcom website: Flood Risk: Current data can be found on the website: Mining: No risk from mining Council Tax: Band B (Exeter) directions Proceeding out of Exeter along Pinhoe Road continue to the traffic light/crossroad junction by Sainsbury’s and take the right hand turning into Hill Barton Road, proceed along to the roundabout and take the 1st exit left into the Hill Barton Vale development.
Continue down the ‘T’ junction and turn right into Myrtlebury Way, continue down and the property in question will be found on the right hand side.
Viewing Strictly by appointment with the Vendors Agents.
Agents note The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more checks into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
Title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
Agents note money laundering policy Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
EPC rating: B (84)
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 120, Myrtlebury Way, Exeter
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