Butts Road, Exeter, EX2 5PW

1-bedroom house · EX2 5PW

549 sq ft1 bath

Asking

£110,000

For saleListed 205 days

Chain FreeRetirement

Investor metrics

Opportunity summary

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About

The property

GUIDE PRICE: £110,000 - £120,000: An excellent opportunity to purchase this well-presented one-bedroom apartment situated on the first floor within a distinguished retirement development.

The property is being offered for sale with no onward chain.

Constructed by McCarthy & Stone, the bright and spacious accommodation comprises an Entrance Hall, Sitting/Dining Room, modern fitted Kitchen, Shower Room, and a double Bedroom equipped with fitted wardrobes.

The development ensures peace of mind with an on-site House Manager available during office hours, while ‘Careline’ offers assistance outside of these hours.

Additional amenities include access to well-maintained communal facilities such as a resident’s lounge, library, guest room, laundry, and attractive communal gardens.

A car park is situated at the rear of the building, available to residents on a first-come, first-served basis.

The conveniences of Heavitree are merely a short stroll away, and there is a readily accessible bus route leading into the City Centre and beyond.

Naomi J Ryan Estate Agents are pleased to present this property to the market with no onward chain and strongly recommend an internal viewing to fully appreciate all that this property has to offer.

Leasehold Information - Length of Lease: 125 years from 1 October 2006 Annual Service Charge: £2,798. Annual Ground Rent: £394. Service Charge Review Period (Year/Month): Awaiting information.

Ground Rent Review Period (Year/Month): Awaiting information. Material Information - Construction notes: Awaiting information. Utilities: Awaiting information.

Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.

Viewing Arrangements - Strictly by appointment with Naomi J Ryan Estate Agents. Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.

Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.

You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.

Chain Free

Retirement

Key information

Price per Square Foot

£200/sq ft

Based on 549 sq ft (51 sq m)

Floor Area

549 sq ft (51 sq m)

Council Tax Band

Band B

Estimated ~£1400/year

Tenure

Leasehold

Local Authority

Exeter District (B)

District

County

Devon County

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market205 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market205

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £110,00030-03-2026

Still activeDay 205 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.