1-bedroom flat · EX2 4SJ
For saleListed 377 days
Opportunity summary
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About
An immaculate ground floor apartment situated in the sought-after St Leonards area, close to County Hall and the RD&E Hospital.
Situation - Abbeville Close is a quiet and well-established development in the desirable St Leonards area of Exeter.
The property is ideally positioned within easy reach of County Hall, the Royal Devon & Exeter Hospital and the popular Magdalen Road with its range of independent shops and cafés.
The historic Quayside and city centre are both within walking distance, offering excellent shopping, dining and leisure facilities, along with convenient transport links via Exeter’s mainline stations and easy access to the M5 and A30.
Description - 13 Abbeville Close is a beautifully presented one-bedroom ground floor apartment offering light, well-proportioned accommodation throughout.
The property features a modern fitted kitchen, stylish shower room and a pleasant outlook over the communal gardens.
Well-maintained and ready to move into, the apartment would suit first-time buyers, investors or those seeking a low-maintenance home in a highly regarded residential location.
Accommodation - A communal entrance leads to the private front door of Number 13. The hallway includes coat hooks, a radiator and a large storage cupboard with plumbing for white goods.
The kitchen is fitted with a range of floor and wall units, a Belfast sink, built-in oven and gas hob with extractor over, integrated dishwasher and space for a fridge/freezer, with a cupboard housing the gas-fired boiler and a double glazed window to the front.
The sitting/dining room is a bright and comfortable space with an electric fireplace, storage cupboard, radiator and large double glazed window overlooking the communal gardens.
The double bedroom enjoys a rear aspect with fitted wardrobe, radiator and TV aerial socket.
The modern shower room comprises a double shower enclosure, wash hand basin with storage below and mirrored cabinet above, low level WC, heated towel rail and obscure double glazed window to the front.
Outside - Residents benefit from attractive communal gardens, dedicated off road parking spaces and on-street permit parking available through Exeter City Council.
Services - Utilities: Mains drainage, gas, electricity and water Heating: Gas central heating.
Tenure: Leasehold EPC: C(69) Council tax band: Standard and Ultrafast broadband available (Ofcom), EE, Three, O2 and Vodafone mobile network available (Ofcom).
Lease Information - The vendor advises that a 125-year lease was created in 1989, leaving approximately 89 years remaining.
The ground rent is £10 per annum and the service charge is understood to be around £170 per quarter.
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.
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