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See how verdicts work2-bedroom flat · EX2 0AQ
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fulfords are proud to present this attractive leasehold flat, with an impressive 987 years remaining on the lease, offers bright, modern living in a well-maintained setting.
The heart of the home is the open-plan lounge, dining and kitchen area, creating a spacious and sociable living space.
The modern kitchen is well appointed with contemporary units, dishwasher and plenty of worktop space, making it ideal for everyday use.
Large windows throughout this area allow natural light to flood in, enhancing the sense of space and a large storage cupboard in the hallway for additional space.
The property offers two well-proportioned bedrooms, both benefiting from large windows with additional Juliette balconies that provide excellent natural light and a bright, airy feel, also including a generous built-in wardrobe.
A modern bathroom completes the accommodation. Further advantages include off-street parking, adding everyday convenience and a bike shed for people who may require a safe area to store bicycles.
With its long lease, 7 years of NhBC build mark warranty remaining, generous proportions and light-filled rooms, this flat is an excellent choice for first-time buyers, professionals, or investors seeking a low-maintenance home with modern appeal.
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 Ellacott Road, Matford, Exeter, Devon, EX2
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