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See how verdicts work1-bedroom flat · EX1 1LR
For saleListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one bedroom apartment situated in an ideal position within the heart of Exeter's city centre with a lovely outlook across Princesshay Square.
The block offers a lift to all floors, and the flat's accommodation briefly consists of an entrance hallway, an open-plan living space, a double bedroom and a bathroom.
Additionally, the current vendor has recently extended the lease.
The flat is well situated to enjoy all the benefits from city centre living, and is just a short walk from many popular high street shops, eateries and other entertainment facilities.
There are also excellent public transport links in and out of the city with various bus routes, Exeter Central station and Exeter St Davids station.
Additionally, the picturesque quayside is nearby with a selection of boutique shops, further cafes and restaurants, and many walks/cycle routes along the Exe estuary.
Accommodation The front door opens to the entrance hallway which benefits from a window to the side aspect allowing ample natural light.
There is also a large built-in cupboard and access to each of the rooms.
The living space is a pleasant open-plan room with a window to the front aspect with an impressive outlook across Princesshay Square, as well as two further windows to the rear aspect.
The kitchen area contains a range of matching wall and base units with fitted worktops, a tiled splashback and a 1.5 bowl stainless steel sink and drainer unit with a mixer tap over.
Appliances include an oven with an electric hob and extractor hood over, a tall fridge freezer and a washing machine.
The bedroom is a good-sized double room, also complemented by a window to the front aspect with a view over Princesshay Square, along with a built-in double wardrobe offering plenty of storage space.
Lastly, the modern bathroom comprises a bath with a mixer tap and shower over, a hidden cistern WC, and a wash basin with a mixer tap over.
Property Information Tenure: Leasehold (The vendor has confirmed that the lease has been recently extended to 170 years, and that the current maintenance charges are £577.44 per quarter, with a ground rent of £100 per year which has been paid up until April 2026).
Council tax band: A.
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
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FAQ
About Flat 17, Bedford House, Princesshay Square, Exeter
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