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See how verdicts work1-bedroom property · EX4 3AD
For saleReduced £10k (−14.3%) on 25 OctListed 1190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented purpose built third floor retirement flat occupying a fabulous central position within walking distance to Exeter city centre. Lounge/dining room. Kitchen. Hallway. Double bedroom.
Modern bathroom. Pleasant outlook over communal gardens, parts of Exeter and beyond. Resident manager. Security entrance phone system. Lift service. Emergency pull cord system.
Residents’ lounge and laundry room. The property also has the benefit of the use of the well maintained gardens and grounds. No chain. Viewing highly recommended.
ACCOMMODATION IN DETAIL COMPRISES (All dimensions approximate) Communal front door (right hand door), accessed via telephone intercom, to: COMMUNAL HALLWAY Stairs and lift to: COMMUNAL THIRD FLOOR HALLWAY Private door leads to: RECEPTION HALL Night storage heater.
Smoke alarm. Telephone intercom. Airing/storage cupboard housing lagged hot water cylinder and cold water tank, electric consumer unit, electric meter and shelving.
Door to: LOUNGE/DINING ROOM 13’10” (4.22m) x 11’0” (3.35m) maximum. Two wall light points. Television aerial point. Night storage heater.
uPVC double glazed window to side aspect with outlook over neighbouring area, parts of Exeter and beyond. Feature archway opens to: KITCHEN 6’6” (1.98m) x 5’6” (1.68m).
Fitted with a range of matching base, drawer and eye level cupboards. Marble effect roll edge work surfaces with tiled splashbacks. Single drainer sink unit with modern style mixer tap.
Electric cooker. Upright fridge freezer. Electric wall heater. From reception hall, door to: BEDROOM 14’6” (4.42m) maximum x 8’5” (2.57m). Electric wall heater. Built in double wardrobe.
Large double glazed Velux window to side aspect with fine outlook over neighbouring area, parts of Exeter and beyond.
From reception hall, door to: BATHROOM 7’0” (2.13m) excluding door recess x 5’6” (1.68m).
A refitted modern matching white suite comprising panelled bath with modern style mixer tap, fitted electric shower unit over and tiled splashback.
Wash hand basin with modern style mixer tap and tiled splashback. Low level WC. Electric heater. Extractor fan.
COMMUNAL FACILITIES Residents’ lounge with kitchenette, laundry, guest suite for visitors and communal gardens and grounds. TENURE LEASEHOLD.
We have been advised a lease term of 99 years was granted 1st September 1981 SERVICE/MAINTENANCE CHARGE The current charge is £2,472.08 per annum (a payment of £1,236.04 every 6 months).
GROUND RENT The current charge is £710.26 per annum (a payment of 355.13 every 6 months) AGENTS NOTE We have been advised any purchaser must be over the age of 60 years.
MATERIAL INFORMATION Construction Type: Brick Mains: - Water, drainage, electric Heating: Night storage heating Mobile: Indoors - EE and Vodafone limited voice and data, O2 likely voice and limited data, Three likely voice and data Mobile: Outdoors – EE, Three, O2 and Vodafone likely Broadband: Standard, Superfast & Ultrafast available.
Flood Risk: River & sea – Very low risk, Surface water – Very low risk Mining: No risk from mining Council Tax: Band A VIEWING Strictly by appointment with the Vendors Agents.
AGENTS NOTE The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more check into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
AGENTS NOTE MONEY LAUNDERING POLICY Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
EPC RATING: B (81)
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.
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FAQ
About Bartholomew Street West, Exeter, EX4
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