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See how verdicts work3-bedroom flat · EX7 9DR
For saleListed 572 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain is this beautifully presented, spacious and light, purpose built three bedroom first floor apartment.
Close to the town centre, with views across the Lawn, and a short distance to the beach.
Accommodation briefly comprises; Generous reception hall, large storage cupboard, living room, kitchen diner, three bedrooms, modern family bathroom, uPVC double glazing, gas central heating, allocated parking.
The apartment is a drive, bus, train, cycle to Exeter and nearby Exeter Airport. Timber front door into... Spacious reception hall With uPVC double glazed window to front.
Radiator, power point, large walk-in storage cupboard with light and wall mounted consumer unit. Telephone entry system. Door through to...
Spacious living room diner Spacious and versatile living / dining room with two large uPVC double glazed windows that fill the room with natural light.
Two radiators, power points, television aerial connection point, telephone socket. Built in shelving unit.
Kitchen breakfast room/diner Modern range of high gloss wall and base units with timber effect roll top work surface, inset stainless steel sink drainer, integrated eye level electric oven, four burner gas hob with stainless steel extractor canopy above, integrated slimline dishwasher, space for washing machine, wall mounted gas boiler supplying domestic hot water and gas central heating, tiled splash backs, space for fridge freezer, space for dining table and chairs, two radiators, power points, uPVC double glazed window to side.
Family bathroom Newly installed modern four-piece white family bathroom with modern white suite comprising concealed cistern flush WC, inset wash hand basin into vanity unit, panelled bath, shower enclosure with glazed door and mains fed shower, radiator, extractor fan, uPVC double glazed window to side.
Wood effect waterproof, non-slip flooring is installed. Bedroom one Large double bedroom with ample space for bedroom furniture.
Light filled room with dual aspect uPVC double glazed windows, with the main window overlooking the town and Lawns. Bedroom two Double bedroom with views across the town and Lawns.
Radiator, power points, television aerial connection point, telephone socket. Bedroom three Single bedroom/study with views across the town and Lawns. Radiator, power points.
Outside To the front is an off road allocated parking space. At the back of the property is a small communal outside space.
Agents note: We have been informed that the building benefits from direct leaseholder ownership of the Freehold (a Right to Manage/Collective Enfranchisement' structure).
This means building management is administered by a resident’s management company, which includes management of maintenance fees and long-term planning.
We have been informed of the Service Charges as below: Valetta House Management Costs* Year Year total 2016 6 month charge = £250 £500 2017 6 month charge = £250 £500 2018 6 month charge = £250 £500 2019 6 month charge = £250 £500 2020 6 month charge = £250 £500 2021 6 month charge = £300 £600 2022 6 month charge = £350 £700 EPC Rating: C
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
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FAQ
About Flat 4, Valetta House Plantation Terrace, Dawlish
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