We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EX2 4DZ
For saleReduced £5k (−2.7%) on 15 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A spacious two bedroom first floor apartment situated in the popular residential area of Shilhay within the Historic area of Exeter's Quayside with river walks, restaurants, independent cafes and artisan shops just a stone throw away.
The property benefits from an open plan kitchen/diner and is being offered with no onward chain. EPC C, Council Tax Band B, Leasehold. Communal front door communal hallway: Stairs to first floor..
Private front door: Door to.. Hallway: Intercom system, storage cupboards, radiator, door to..
Lounge: 5.0m x 2.9m (16'5" x 9'6") , Double glazed windows to the side, radiator kitchen/diner: 4.8m x 3.0m (15'9" x 9'10") , Base cupboards and drawers with worktop over, wash hand basin and drainer with mixer tap, space for cooker, space for washing machine, space for low level fridge, low level freezer, wall mounter cupboards, cupboard housing wall mounted boiler, double glazed windows to the side, radiator.
Bedroom 1: 4.2m x 2.7m (13'9" x 8'10") , Double glazed window to the side, radiator bedroom 2: 4.1m x 2.8m (13'5" x 9'2") , Double glazed window to the side, radiator bathroom: Wash hand basin, panelled bath with shower attachment over, radiator, obscure double glazed window to the side.
WC: Close coupled WC, obscure double glazed window to the side, radiator utilty room lease information: Lease Length: 125 years from 21st January 1985 Service Charge: Currently set at £160.87 per quarter Ground Rent: £10 per annum agents note: * We have been made aware the property is within a conservation area.
* There are car parks within the development which are designed for use by the residents on a 'first come, first serve' basis. A permit will be required.
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.
Area
Agent & docs
.png)
FAQ
About 21a, Fullers Court, Exeter
Explore nearby