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See how verdicts work1-bedroom flat · EX1 1LR
No longer listedListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb one-bedroom first-floor apartment with an extended lease and no onward chain.
Located in the heart of the City Centre, the apartment is a short walk from the wide variety of shops, cafes, and restaurants on offer.
The property features a communal entrance hall with stairs and a lift providing access to the first floor.
The apartment is well presented throughout and has an entrance hall with doors off to each of the rooms.
There is an open plan living/dining room/kitchen with three windows to the front and side overlooking Princesshay Square.
The kitchen area is fitted with an integrated fridge/freezer and washing machine. The bedroom has a built-in double wardrobe. The modern bathroom has a shower over the bath.
Early internal viewing is highly recommended for this City Centre apartment. Leasehold Information Length of Lease: 170 Years to 31 March 2195.
Annual Service Charge: £2,993.32 - The service charge is currently under review with a potential reduction - please get in touch with us for further information.
Annual Ground Rent: Less than £1 (Peppercorn) Material Information Construction notes: Brick and concrete. Utilities: Mains water, electricity, and drainage.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents. Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Lettings Potential Naomi J Ryan Lettings Department have put an estimated rental value on this property of £1100 per calendar month, providing a gross rental yield of 8.25%.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 27 Bedford House, Princesshay Square, Exeter
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