2-bedroom flat · EX2 0AQ
To rentListed 321 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish, modern two bedroom apartment in the sought after Haldon Reach development, featuring a bright open-plan living space with integrated appliances, far reaching city views, a master bedroom with Juliet balcony, sleek bathroom and allocated parking, perfectly positioned for easy access to Exeter City Centre and the M5.
Property information A well presented, modern two bedroom second floor apartment located in the popular Haldon Reach development in Matford.
The property features a spacious open-plan kitchen and living area, complete with a contemporary kitchen, integrated appliances and large windows providing far reaching views across the city.
Blinds are fitted throughout for added privacy and comfort. There are two bedrooms, including a master with a built-in wardrobe and a glass Juliet balcony that welcomes plenty of natural light.
The stylish bathroom includes a large built-in shower, and additional storage is provided by a hallway cupboard. Outside, the property benefits from one allocated parking space.
The development is a sought after location offering convenient access to both Exeter City Centre and the M5.
Marsh Barton train station is approximately a 20-minute walk away, and there is also a direct cycle path leading from the development, providing excellent sustainable transport options.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 12, Ellacott Road, Exeter
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