1-bedroom flat · EX1 2BZ
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom ground floor flat situated in a convenient and popular residential area within close proximity to Exeter City Centre.
The property wuld make an ideal first time purchase and is being offered with NO ONWARD CHAIN. EPC D, Council Tax Band A, Leasehold. FRONT DOOR TO..
KITCHEN: 2.9m x 2.3m (9'6" x 7'7") Maximum , Base cupboard with worktop over, sink and drainer, space for washing machine, built in oven and hob, wall mounted cupboards, open plan to..
LOUNGE: 3.6m x 2.9m (11'10" x 9'6") , Radiator, door to the bedroom. BEDROOM: 4.6m x 3.6m (15'1" x 11'10") Maximum , Double glazed windows, radiator.
SHOWER ROOM: Close coupled WC, wash hand basin, shower cubicle, radiator. OUTSIDE: Courtyard garden.
LEASE INFORMATION: Lease Length: 999 years from 25th March 1988 Service Charge: N/A Ground Rent: Peppercorn
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
FAQ
About Chute Street, Newtown, EX1
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