Studio flat · EX4 4JN
Listing removedListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern one-bedroom studio apartment in Marcus House, Exeter. Bright open-plan living with fitted kitchen, cosy sleeping area, private bathroom and secure access.
Close to the city centre, university, shops and transport links. Ideal for students or professionals.
Summary Located within the popular Marcus House development at Isca Place, this well-presented studio apartment offers modern city-centre living in a highly convenient location.
The property features a bright open-plan living and sleeping area with French doors leading onto a private balcony, allowing plenty of natural light and outdoor space.
The modern fitted kitchen includes an electric oven, hob, extractor fan, and appliance space, while the contemporary shower room is finished with a clean white suite and heated towel rail.
Additional benefits include double glazing, electric heating, lift access to all floors, secure communal entrance, and attractive communal gardens.
The apartment is ideally situated within walking distance of Exeter High Street, Princesshay Shopping Centre, Exeter Central Station, Exeter College, and the University.
This property would make an excellent first-time purchase, investment opportunity, or convenient city base.
There is currently a tenant in situ who could potentially stay on if advantageous to an investor or available with vacant possession.
Tenure: Leasehold Council Tax: A EPC: B kitchen/living/bedroom area 16' 11" x 13' 9" (5.16m x 4.19m) Spacious studio apartment with open-plan living and bedroom area featuring built-in storage and a modern kitchen.
The kitchen comprises an oven, hob, and extractor hood. The lounge is fitted with an electric storage heater and uPVC double doors leading to a balcony.
Bathroom 6' 0" x 5' 2" (1.83m x 1.57m) Bathroom comprising of shower cubical, WC and sink.
Leashold information Leasehold Term: Tbc Service Charge: Tbc lettings information Rosewood Property Lettings Department have put an estimated rental value on this property in the region of £900pcm.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.
Services Electric Supply: Mains Heating Supply: Electric Mains Sewerage: Mains Water Supply: Mains Mobile Signal: Several networks showing as available including EE, Vodaphone, 3 and 02 Broadband: Standard and Ultrafast
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 54 Marcus House, New North Road, Exeter
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