2-bedroom flat · EX5 7EZ
Listing removedListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two-bedroom second-floor apartment offering approximately 647 sq ft (60 sq m) of accommodation, together with allocated parking and a convenient Cranbrook location.
The property provides spacious and versatile accommodation, making it an appealing choice for first-time buyers, professional couples, downsizers and investors alike.
A spacious two-bedroom second-floor apartment offering approximately 647 sq ft of well-proportioned accommodation, together with allocated parking and an excellent location close to Morrisons, Cranberry Farm and public transport links.
Located on Shareford Way in Cranbrook, this well-proportioned apartment offers an excellent opportunity for first-time buyers, professional couples, downsizers or investors.
The accommodation extends to approximately 647 sq ft (60 sq m) and features a particularly generous 14'10" x 13'1" living room, providing plenty of space for both comfortable seating and dining.
The room also benefits from a large glazed door arrangement, creating a pleasant and naturally light principal living space.
The separate kitchen measures approximately 13'1" x 6'4" and provides a practical range of fitted units and workspace.
There are two bedrooms, with the larger measuring approximately 11'4" x 9'5" and the second bedroom measuring approximately 11'3" x 6'8".
The second bedroom would also lend itself well to use as a home office, nursery or occasional guest room.
The apartment further benefits from a bathroom and two useful storage cupboards, helping with the practicalities of everyday living.
Externally, the property comes with allocated parking, an important benefit for both owner-occupiers and potential tenants.
The location is another key attraction, being conveniently situated close to Morrisons and Cranberry Farm, while excellent public transport links provide convenient connections for commuters and local travel.
An ideal opportunity to acquire a spacious two-bedroom apartment in a convenient and well-connected Cranbrook location.
In accordance with our legal and regulatory obligations, all vendors and purchasers are required to Complete appropriate Anti-Money Laundering (aml) and identity verification checks before proceeding with a property transaction.
A fee is payable for the completion of these checks: •Vendors: £25 + VAT per person •Purchasers: £37.50 + VAT per person The applicable fee is payable when the aml verification process is requested and covers the cost of carrying out the required identity and aml checks.
Additional checks may be required where necessary to satisfy our legal and regulatory obligations.
Please note that payment of the aml verification fee does not guarantee that a transaction will proceed and does not form part of our estate agency commission.
Value & comps
No previous sales on record.
Returns
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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 15, Shareford Way, Exeter
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