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See how verdicts work2-bedroom flat · EX8 1AR
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this excellent opportunity to purchase a beautifully presented ground floor apartment, offering two bedrooms, a private garage and a recently fitted bespoke System Six kitchen.
The apartment benefits from sole ownership of the freehold, with only one other apartment within the building.
Approached via its own private entrance, the property immediately makes a great impression, with an attractive bay window fitted with wooden shutters, a quaint front garden with established shrubbery and a well maintained exterior.
The front door is exclusively for the use of this apartment, adding to the property's privacy and independence.
Occupying the entire ground floor, the apartment offers a generous amount of space and privacy, while enjoying a convenient location just a few minutes' stroll from both the town centre and the beach.
To the front of the property is a spacious and well presented living room, featuring plenty of natural light.
The entire apartment has recently been redecorated and benefits from fresh carpets throughout, creating a bright and welcoming feel.
The principal bedroom is generously proportioned, with a large south facing window allowing an abundance of natural light into the room.
The modern bathroom is fitted with a contemporary WC and wash hand basin, together with a generous walk-in shower.
The recently fitted bespoke System Six kitchen is both stylish and practical, offering an excellent range of storage and integrated appliances.
The kitchen flows seamlessly into the dining room, which, like the rest of the apartment, benefits from plenty of natural light and provides an excellent space for entertaining or everyday dining.
Bedroom two is a versatile and generous room which could accommodate a double bed, while also making an excellent home office, hobby room or occasional guest bedroom.
Externally, the rear of the apartment provides a courtyard area, with access to both the private garage and rear lane.
The garage is generously sized and benefits from a working up-and-over door, providing valuable secure parking and storage.
Overall, this is a fantastic opportunity to acquire a spacious and well maintained ground floor apartment in a highly convenient location, combining privacy, generous accommodation, modern features and the considerable benefit of a private garage and freehold ownership
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
FAQ
About 21, St Andrews Road, Exmouth
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