2-bedroom flat · EX2 8BD
To rentListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the highly desirable River Meadows development, this well-presented two double bedroom apartment offers spacious and comfortable accommodation in a peaceful waterside setting.
The property comprises a generous living room filled with natural light, featuring patio doors that open onto a private decked balcony overlooking the canal, creating the perfect space to relax and enjoy the surroundings.
The fitted kitchen is equipped with a range of units and includes white goods, providing everything needed for day-to-day convenience.
There are two good-sized double bedrooms, offering flexible accommodation for professionals, couples or small families.
The bathroom is fitted with a modern suite and benefits from a shower over the bath. Further advantages include a shared garage, an allocated parking space and well-maintained communal areas.
The apartment is ideally located with easy access to local amenities, transport links and nearby walking routes along the canal.
Offered to the market on an unfurnished basis and available immediately, this attractive apartment is expected to generate strong interest and early viewing is strongly recommended.
EPC Rating: C Council Tax Band: B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About River Meadows, Exeter
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