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See how verdicts work1-bedroom flat · EX5 2JD
No longer listedReduced £10k (−8.3%) on 21 JunListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary guide price £110,000 - £120,000 This spacious one-bedroom ground floor flat is positioned in a conservation area in a rural location on the edge of Exeter.
With easy access to travel links on the M5 and A303 as well as being a short drive from Exeter Airport.
Description guide price £110,000 - £120,000 This spacious one-bedroom ground floor flat is positioned in a conservation area in a rural location on the edge of Exeter.
With easy access to travel links on the M5 and A303 as well as being a short drive from Exeter Airport.
The property benefits from off road parking for one vehicle and access to communal gardens that surround the building.
The property comprises of an open plan kitchen/living/dining area with rear window overlooking the communal gardens. There is a bedroom with fitted storage and a bathroom.
Communal Entrance Hall Kitchen/ Living Room Open plan room with front and rear windows over looking communal gardens and open views, to both sides.
Wall and base units, work surfaces, oven and hob, sink unit, built-in fridge and washing machine. Wall mounted electric radiator. Bedroom 1 Front aspect window, fitted wardrobe with sliding doors.
Wall mounted radiator. Airing cupboard housing water heater. Bathroom Bath with electric shower over, low level toilet, wash hand basin, wall mounted electric heater.
Electric heated towel rail and extractor fan. Ceiling heater. Communal Garden Lawned communal garden. Parking Allocated space.
Agents Note There is a private sewerage plant with an annual cost of £120 and a split of electrical and maintenance fees between all of the properties on the estate.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
Area
Agent & docs
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FAQ
About Flat 5, Wallflower Court, The Drive, Exeter
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