3-bedroom flat · EX6 8TP
For saleReduced £10k (−4.8%) on 9 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and spacious Grade II listed three bedroom first floor apartment with fine outlook and views over neighbouring area and beyond. Situated in the highly sought after Devington Park development.
Presented in good decorative order throughout. Three bedrooms. Ensuite shower room to master bedroom. Study area. Lounge/dining room. Kitchen. Bathroom. Gas central heating.
Private allocated parking space. Use of the beautifully kept and well maintained communal gardens and grounds. Popular village location on the outskirts of Exeter. No chain.
Viewing highly recommended. Accommodation in detail comprises (All dimensions approximate) Communal front door (shared with one neighbour).
Private door leads to: Hallway Stairs lead to: First floor landing/study Radiator. Two built in storage cupboards. Eye level storage cupboards. Picture rail. Telephone point.
Feature arched sash window to front aspect. Door leads to: Inner landing Telephone intercom. Radiator. Smoke alarm. Storage cupboard with fitted shelving. Thermostat control panel.
Door to: Lounge/dining room 17’2” (5.23m) x 12’4” (3.76m) max reducing to 10’2” (3.10m). A light and spacious character room with feature high ceiling. Picture rail. Two radiators. Telephone point.
Television aerial point. Contemporary modern fireplace with inset living flame effect electric fire, raised hearth, fire surround and mantel over.
Feature arched sash window to side aspect with outlook over neighbouring area and beyond.
Additional feature arched sash window to rear aspect with fine outlook over neighbouring area and countryside beyond.
From inner landing, door to: Kitchen 11’4” (3.45m) x 5’2” (1.57m) excluding recess. Fitted with a range of matching base, drawer and eye level cupboards.
Marble effect roll edge work surfaces with tiled splashback. 1½ bowl sink unit with single drainer and modern style mixer tap. Fitted electric oven/grill.
Four ring gas hob with filter/extractor hood over. Integrated upright fridge freezer. Integrated dishwasher. Integrated washing machine. Inset LED spotlights to ceiling.
Wall mounted boiler serving central heating and hot water supply. From inner landing, door to: Bedroom 1 11’4” (3.45m) max x 12’6” (3.81m). Feature high ceiling with overhead storage cupboard.
Electric wall heater. Radiator. Feature arched sash window to side aspect with outlook over neighbouring area and beyond.
Door to: Ensuite shower room A matching white suite comprising tiled shower enclosure with fitted electric shower unit. Wash hand basin with tiled splashback. Fitted mirror with lighting.
Shaver point. Low level WC. Radiator. Electrically heated towel rail. Inset LED spotlight to ceiling. Extractor fan. From inner landing, door to: Bedroom 2 12’6” (3.81m) x 8’10” (2.69m). Radiator.
Feature high ceiling. Feature arched sash window to side aspect with outlook over neighbouring area and beyond.
From inner landing, door to: Bedroom 3 10’4” (3.15m) x 6’6” (1.98m) excluding door recess. Radiator. Range of fitted storage cupboards and shelving. Overhead storage cupboards. Feature high ceiling.
Feature arched sash window to front aspect with pleasant outlook over communal gardens.
From inner landing, door to: Bathroom A matching white suite comprising panelled bath with mixer tap including shower attachment, shower screen and tiled splashback with inset mirror. Low level WC.
Wash hand basin with tiled splashback. Fitted mirror with lighting. Shaver point. Radiator. Inset LED spotlight to ceiling. Extractor fan.
Outside The property benefits from a private allocated parking space and the use of the well kept communal gardens and grounds. Tenure leasehold.
We await confirmation of the terms of the lease from our client’s solicitor.
Maintenance/service charge We await confirmation of the charge from our client ground rent We await confirmation of the charge from our client material information Construction Type: To be confirmed Mains: - Water, drainage, electric, gas Heating: Gas central heating Mobile: Indoors – Current data from Ofcom website: Mobile: Outdoors – Current data from Ofcom website: Broadband: Current data from Ofcom website: Flood Risk: Current data can be found on the website: Mining: No risk from mining Council Tax: Band C (Teignbridge) directions Proceeding out of Exeter along Topsham Road continue to Countess Wear roundabout and take the 3rd exit left down into Bridge Road.
At the next roundabout bear left onto Sannerville Way and proceed along taking the 1st right signposted ‘Exminster’.
Continue under the motorway bridge taking the 1st right into Reddaway Drive and continue around taking the right hand turning into Devington Park (Main Gates) and turn right and again continue around where Lawrence Walk will be found on the left hand side.
Viewing Strictly by appointment with the Vendors Agents.
Agents note The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more checks into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
Title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
Agents note money laundering policy Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
Value & comps
No previous sales on record.
Returns
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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.
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About 10, Lawrence Walk, Exeter
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