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See how verdicts work2-bedroom flat · EX8 2DZ
For saleListed 623 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Own private composite front door giving access to: Reception hall: A fine and spacious entrance to the apartment with two radiators, uPVC double glazed window with patterned glass, electric meter and consumer unit, door to walk-in storage cupboard with light.
Lounge/dining room: 5.79m x 4.29m (19'0" x 14'1") A spacious and elegant room with stripped wood flooring, tiled fireplace with matching hearth housing electric living flame fire, TV point, two sets of double glazed sash style windows to side aspect, radiator, cornice ceiling, fitted shelving in recess.
Kitchen/breakfast room: 4.22m x 3.2m (13'10" x 10'6") Spacious room stylishly fitted with a range of working surfaces with inset one and a half bowl single drainer sink unit with mixer tap with matching splashback, range of cupboards and drawer units beneath worktops, integrated fridge and freezer, wall mounted cupboards, five-ring gas hob with stainless steel chimney style extractor hood over, built-in oven and grill with cupboards above and below, recessed ceiling led spotlighting, modern gas boiler for hot water and central heating, radiator, uPVC double glazed window to front aspect and uPVC door to: Utilities cupboard: Plumbing for automatic washing machine, space for tumble dryer, light and uPVC double glazed window with patterned glass.
Bedroom 1: 5.18m into wall recess x 3.61m (17'0" x 11'10") An extremely spacious dual aspect room with three sets of uPVC double glazed sash style windows to the side snd rear aspects, radiator TV point.
Bedroom 2: 4.14m x 3.1m (13'7" x 10'2") uPVC sash style window to side aspect, TV point, radiator.
Bathroom/WC: 2.62m x 2.49m (8'7" x 8'2") Stylishly fitted comprising bath with shower unit over, vanity style wash hand basin, WC with push button flush, splashback walls to bath, wash hand basin and toilet area walls, chrome heated towel rail, recessed led ceiling spotlighting, extractor fan, two sets of uPVC double glazed windows with patterned glass.
Outside: No gardens to maintain. Tenure & outgoings: Lease: 189 years dated from December 1980 [145 years remaining]. The building itself is managed by the residents of Warberry Lodge.
Service Charge: Approximately £1,200 per annum. Ground Rent: £25 per annum.
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
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FAQ
About Warberry Lodge, 11,Flat 2, Cyprus Road, Exmouth
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