2-bedroom flat · EX2 7FN
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom apartment situated within the popular Newcourt development in Exeter, benefiting from an allocated off-road parking space.
A well presented two bedroom top floor apartment situated within the popular Newcourt development in Exeter.
The property offers a good sized open-plan living and dining area with a feature fireplace, leading through to a modern fitted kitchen.
There are two well proportioned double bedrooms and a family bathroom. The apartment also benefits from a useful hallway storage cupboard and an allocated parking space.
Newcourt is a popular and well-connected development on the eastern outskirts of Exeter, offering a range of local amenities close by, including shops, cafés and everyday conveniences.
The area provides excellent access to Exeter city centre, the M5 and A30, as well as nearby countryside and the River Exe, making it a convenient location for both commuters and those looking to enjoy the surrounding area.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About 5, Blakeslee Drive, Exeter
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