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See how verdicts work2-bedroom flat · EX3 0AQ
For saleReduced £10k (−4.3%) on 1 OctListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two-bedroom first-floor apartment within the sought-after Altamira development in Topsham.
The property features a generous sitting/dining room, fitted kitchen, family bathroom dedicated front garden, and a private balcony overlooking leafy gardens.
Conveniently situated close to local amenities, picturesque waterfront walks, and excellent transport links. Offered for sale with no onward chain.
Description A well-presented first-floor apartment offering spacious and light-filled accommodation throughout.
The property is accessed via a welcoming entrance hall which leads to a generous sitting/dining room, providing ample space for both relaxation and entertaining.
Large windows with far reaching views and a glazed door allow plenty of natural light to flood the room.
The modern fitted kitchen is well-appointed with a range of contemporary wall and base units, complemented by generous work surfaces providing both practicality and style.
Thoughtfully designed, the kitchen offers ample storage and preparation space, making it ideal for everyday living, while direct access to the private balcony creates an attractive extension of the living space and offers pleasant views over gardens.
The apartment further benefits from two well-proportioned double bedrooms and a family bathroom.
Situated within the highly regarded Altamira development, the property enjoys a convenient position close to Topsham's excellent local amenities, waterfront walks, and transport links.
Offered for sale with no onward chain.
Location Topsham is a charming historic estuary town on the River Exe, known for its scenic riverside setting, Dutch-influenced architecture and vibrant community spirit.
Once a busy port and shipbuilding centre, it now blends old-world character with modern life, featuring independent shops, cafés, pubs and regular markets.
With excellent walks along the estuary, wildlife on the nearby marshes, community events and easy access to Exeter, countryside and coast, Topsham is widely regarded as a desirable and picturesque place to live or visit.
Agents notes To the best of the Vendors knowledge, they have advised the following at the time of marketing: - Tenure: This apartment is leasehold Years Left Remaining: 1161 Service charge: £1,231.84 Ground rent: £79.08 Management Company: Bradleys Electricity: Mains Heating: Mains Gas - Combi Boiler Water: Mains Sewerage: Mains Council Tax Band: B Council: Exeter City Council Parking: Permit Parking - T1 Garden: Balcony and Communal Grounds Broadband speed: Up to 1130 Mbps (with Virgin Full Fibre to Property) available - none currently at the property Mobile Signal: Several networks currently showing as available at the property including EE and O2
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 37, Altamira, Exeter
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