1-bedroom flat · EX3 0ND
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom first floor apartment situated in the heart of topsham. Formerly arranged as A two-bedroom property with the potential to convert back, subject to any necessary consents.
No onward chain. Situation Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
With easy commuting and access to the M5, Topsham is also well served by bus and rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St David’s, connecting it to the national network. Exeter airport is some 5 miles away.
Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctor’s surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants.
It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.
Accommodation External stairs rise to the first floor with a covered entrance porch and front door leading into the property.
A spacious open plan lounge/diner offering plenty of room for both seating and dining areas.
The property was previously configured as a two-bedroom apartment and offers the potential to reinstate the second bedroom if desired, subject to any necessary consents.
Dual aspect windows provide good natural light, with a door leading through to the kitchen. Loft hatch to boarded loft, ideal for storage.
The fitted kitchen offers a range of wall and base units with work surfaces over, tiled splashbacks and a sink with drainer.
Integrated appliances include an electric oven, gas hob and extractor hood, with additional space for further appliances.
The south-facing double bedroom benefits from a good range of built-in wardrobes, providing excellent storage. The bathroom comprises a bath with electric shower over, wash hand basin and WC.
A further useful storage cupboard can be found off the hallway. Outside Beneath the entrance stairs is a private storage cupboard, ideal for bicycles, bins and general storage.
Ideally positioned within easy reach of Topsham High Street and its excellent range of shops, cafés, restaurants and amenities, the property would make an excellent first-time purchase, investment or downsize.
Permit parking available. Being offered with no onward chain. For further information or to arrange a viewing, please contact our office.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
Area
Agent & docs
FAQ
About 2, Pound Close, Topsham
Explore nearby