1-bedroom flat · EX4 1EA
Sold STCListed 43 daysAuction 24 Sep · ended
Opportunity summary
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About
AUCTION DETAILS Lot 187 - FLAT 19, VICTORIA COURT, FLOWERPOT LANE, EXETER, DEVON, EX4 1EA Auction Guide Price - £120,000 Plus (Plus fees) The property is to be offered online by Clive Emson Auctioneers on 24 September 2026 To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson.co.uk Situated in a popular river side location within easy access of the City Centre, this luxury one bedroom ground floor apartment is offered for sale as an ideal first time buy or investment opportunity.
With accommodation comprising lounge, kitchen, bedroom, bathroom, balcony with views over the river, off road parking for one vehicle plus visitor spaces. Lounge Accessed via solid wood front door.
Front aspect uPVC double glazed French doors leading out to the decked balcony. Front aspect uPVC double glazed windows with views over the river. Security intercom system, Television point.
Telephone point. Radiator. Door through to inner hallway. Opening through to kitchen.
Kitchen Fitted range of eye and base level units with stainless steel sink and a half with mixer tap and single drainer. Roll edge work surfaces. Part tiled walls.
Integrated double oven and hob with extractor fan above. Integrated fridge and freezer. Integrated dishwasher. Plumbing for washing machine. Wall mounted boiler. Tile flooring.
Inner Hallway With doors to the bedroom and bathroom. Storage cupboard. Bedroom Twin front aspect uPVC double glazed windows. Twin built in wardrobes with hanging space and shelving. Television point.
Radiator. Bathroom Three piece white suite comprising panel enclsoed bath with mixer tap and handheld shower above. Low level WC. Wash hand basin with mixer tap and storage below. Tiled walls.
Extractor fan. Heated towel rail. Lease information Ground Rent £150 Service charge £99.31 per month.
Lease length 125 Years from 2006 ANTI MONEY LAUNDERING Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to a partner supplier Landmark who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £25 + VAT per person.
This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
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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.
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