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See how verdicts work1-bedroom flat · EX1 3UN
For saleReduced £10k (−5.6%) on 29 SepListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed purpose built ground floor apartment with its own private garden, garage and parking space situated in a highly convenient position providing good access to major link roads, Sowton trading estate, Met Office and Exeter international airport.
Presented in good decorative order throughout. Private entrance. Lounge/dining room. Modern kitchen. Inner hallway. Double bedroom. Shower room. UPVC double glazing. Electric heating.
A great first time buy/investment purchase. Viewing highly recommended. Accommodation in detail comprises (All dimensions approximate) Covered entrance with courtesy light.
Private front door leads to: Lounge/dining room 17’4” (5.28m) x 10’10” (3.30m). A light and spacious room. Laminate wood effect flooring. Storage cupboard providing hanging space. Electric heater.
Telephone point. Television aerial point. UPVC double glazed sliding patio door providing access and outlook to rear garden. Door to: Kitchen 8’0” (2.44m) excluding door recess x 6’6” (1.98m).
A modern fitted Howdens kitchen with a range of matching base and eye level cupboards. Marble effect work surfaces with matching splashback. Single drainer sink unit with modern style mixer tap.
Fitted electric oven. Four ring electric hob with glass splashback and filter/extractor hood over. Integrated fridge freezer. Plumbing and space for washing machine. Electric consumer unit.
UPVC double glazed window to front aspect. From lounge/dining room door to: Inner hallway Smoke alarm. Door to: Bedroom 10’6” (3.20m) excluding door recess x 8’8” (2.64m). Electric wall heater.
Deep storage cupboard/wardrobe. UPVC double glazed window to front aspect. From inner hallway door to: Shower room 6’8” (2.03m) x 5’6” (1.68m).
A matching white suite comprising good size shower tray with toughened glass shower screen. Fitted electric shower unit including separate shower attachment.
Wash hand basin, with modern style mixer tap, set in vanity unit with cupboard space beneath. Low level WC with concealed cistern. Part tiled wall surround. Inset mirror. Shaver point. Tiled floor.
Electrically heated ladder towel rail. Inset LED spotlight to ceiling. Extractor fan. Obscure uPVC double glazed window to side aspect.
Outside The property benefits from a good size private garden enjoying a high degree of privacy whilst mostly laid to paving and decorative stone chippings for ease of maintenance.
Inset flower/shrub beds. Rear gate provides access to: Garage (2nd garage along) 17’0” (5.18m) x 8’0” (2.44m). Up and over door providing vehicle access.
Additional parking directly in front tenure leasehold. We have been advised a lease ter of 999 years was granted on 1st January 1990.
Maintenance/service charge We have been advised there is no maintenance/service charge payable. Ground rent We have been advised there is no maintenance/service charge payable.
Material information Construction Type: Brick Mains: - Water, drainage, electric Heating: Electric heating Mobile: Indoors – Current data from Ofcom website: Mobile: Outdoors – Current data from Ofcom website: Broadband: Current data from Ofcom website: Flood Risk: Current data can be found on the website: Mining: No risk from mining Council Tax: Band B (Exeter) directions Proceeding out of Exeter along Honiton Road continue under the bridge and at the roundabout take the 1st left into Wilton Way/Barton Grange.
Continue down almost to the end of this road taking the right hand turning into Membury Close where the property in question will be found towards the end of the cul-de-sac on the right hand side.
Viewing Strictly by appointment with the Vendors Agents.
Agents note The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more checks into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
Title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
Agents note money laundering policy Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
EPC register: E (48)
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 advisers 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.
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FAQ
About 9, Membury Close, Exeter
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