1-bedroom flat · EX1 2RR
Sold STCListed 492 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHECK OUT this Second Floor Apartment in Heavitree! Well-presented throughout, this fantastic property features a bright living room, a kitchen, a double bedroom, and a bathroom.
Its prime location offers excellent access to shops, transport links, Exeter City Centre, and the M5-making it an ideal first home or buy-to-let investment.
Step through the front door and up the staircase into the kitchen, where two large windows flood the space with natural light.
Thoughtfully designed, it offers ample worktop space, neutral wooden storage units, an integrated electric oven and hob, plus dedicated space for a fridge, freezer, and washing machine.
To the left, the inviting sitting room boasts large windows, solid wood flooring, and generous eaves storage, while an electric fireplace creates a warm and welcoming focal point.
To the right, the well-proportioned bedroom comfortably accommodates a double bed and benefits from additional eaves storage.
Completing the accommodation, the bathroom showcases attractive wooden-clad walls and tiled surrounds, featuring a bath, WC, and wash basin.
Parking is available via a residents parking permit in a nearby car park. Flat 2 is entitled to one permit in Zone S2.
You can also buy a book of visitor permits or pay via an app (£30 for 30 x 24 hour passes) Tenure - Leasehold with Share of Freehold (1/4 share) Length of Lease - 194 years Years Remaining - 158 years Ground Rent - None Council Tax Band A AGENTS NOTE - The lease was renewed in 2017.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Fore Street, Heavitree, EX1 2RR
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