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See how verdicts work2-bedroom flat · EX8 1BY
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Communal entrance and staircase leading to the top floor. A private front door gives access to: Reception hall: UPVC double glazed window and access to roof space.
Lounge/dining room: 6.4m x 4.09m (21'0" x 13'5") approximate overall measurement.
Bright and spacious individually shaped room with five uPVC double glazed windows, allowing an abundance of light into the room and enjoying an outlook over the town, feature fireplace, three radiators, fitted shelf in wall recess with storage cupboards under, TV point, telephone point, opening to: Kitchen: 2.79m x 2.44m (9'2" x 8'0") Comprising of wood-effect work surfaces incorporating stainless steel sink unit with mixer tap, matching wall units, electric cooker point, ceiling extractor fan, ceiling spotlighting, tiled flooring.
Bedroom 1: 5.36m x 3.23m (17'7" x 10'7") A good size main bedroom again offering an abundance of light with three uPVC double glazed windows enjoying an open outlook, radiators, picture rail.
Bedroom 2: 2.95m x 2.84m (9'8" x 9'4") uPVC double glazed window to rear elevation, radiator, TV point.
Bathroom/WC: 3.15m x 3.02m (10'4" x 9'11") Comprising of bath, pedestal wash hand basin with mirror over, WC with push button flush, tiled shower cubicle with shower unit over, shower tray and shower splash screen doors, fitted utilities cupboard with plumbing for automatic washing machine with additional cupboard over housing Vaillant gas boiler for hot water and central heating, tiled flooring, radiator, uPVC double glazed window with patterned glass.
Outside: There are no gardens to be maintained. Maintenance & service charges: The property is leasehold and is held on a 99 year lease from 2016. Ground Rent: £50 pa.
Maintenance is a quarter share on an ‘as and when’ basis.
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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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 2, 7 Imperial Road, Exmouth
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