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See how verdicts work2-bedroom flat · EX2 4DG
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional Grade II* listed lower ground floor apartment offering beautifully appointed accommodation, private outside space and allocated parking, set within one of Exeter's most prestigious addresses.
Situation Occupying a highly sought-after position within the historic Colleton Crescent, the property enjoys an enviable setting close to Exeter's picturesque Quayside and city centre.
The Quayside offers an excellent selection of independent cafés, restaurants and leisure facilities, together with scenic riverside walks and cycle routes.
Princesshay shopping centre, Southernhay, Exeter Cathedral and St David's railway station are all within easy reach, while excellent road links provide convenient access to the M5, A30 and Exeter International Airport.
Description Forming part of an impressive Grade II* listed Georgian building, this beautifully presented lower ground floor apartment seamlessly combines period character with contemporary design.
Extending to approximately 1,238 sq ft, the property has been thoughtfully remodelled to create an impressive open-plan living environment, perfectly suited to modern lifestyles.
High-quality finishes are evident throughout, complemented by underfloor heating, a feature gas stove and bespoke fitted cabinetry.
The apartment further benefits from a private courtyard garden, useful cellar and external stores, together with access to the beautifully maintained communal gardens and the advantage of two allocated parking spaces.
Accommodation Stone steps descend from the front of the building to a private entrance door, providing access to this distinctive lower ground floor apartment.
Once inside, the open-plan kitchen, dining and living room, creating an impressive entertaining space with ample room for both seating and dining.
The bespoke kitchen incorporates a comprehensive range of fitted units, generous work surfaces, a central island and integrated appliances, all flowing into the living area with its feature gas stove and courtyard outlook.
The principal bedroom is a generous double room complete with extensive fitted wardrobes and a luxurious en-suite bathroom featuring a freestanding bath.
A second spacious double bedroom offers excellent flexibility for guests, family or a home office.
A contemporary shower room serves the remainder of the accommodation, while a separate wine cellar provides valuable additional storage and further enhances the property's character.
Outside Residents have exclusive use of the beautifully landscaped communal gardens, which provide an attractive outlook towards Exeter's historic Quayside.
The property further benefits from two allocated parking spaces, three useful external storage rooms and a private cellar and outside stores.
Lease Information Lease Information: The vendor has advised that the property benefits from a 999-year lease commencing on 31 December 2010.
The ground rent is a peppercorn rent, and the current service charge is approximately £2,000 per annum, although this figure is subject to change.
Services Utilities: Mains electric, mains water, mains gas, Mains drainage, telephone and broadband Heating: Gas boiler - installed 2011 EPC: C(76) Council tax band: B Ultrafast and superfast broadband available.
EE, O2, Three and Vodafone mobile networks likely to be available (Ofcom).
Value & comps
No previous sales on record.
Returns
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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 8b, Colleton Crescent, Exeter
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