3-bedroom flat · EX4 4UX
Sold STCListed 606 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Very rare opportunity to purchase this extremely spacious 3-bedroomed apartment forming part of this stunning Grade II Listed building.
The Quadrangle is an exclusive development originally being a former part of the Officers Headquarters within the army barracks.
The building overlooks a large communal green & is within a short walk of Exeter City Centre.
NO CHAIN Material Information Tenure: Leasehold 999 year lease from 1st May 1999 (973 years remaining)Service Charge: £3650 per annum Ground Rent: £125 per annum Grade II listed Council Tax Band: E - Exeter City Council Utilities: Mains Water, Sewerage, Gas & Electricity.
Flood Risk: Very Low Risk (Rivers & Seas) & (Surface Water) Broadband: Standard to Ultrafast available Speed: Download -1800mbps, Upload - 220mbps Mobile Coverage: Indoor: EE, Three, O2 & Vodafone: All Voice & Data - Likely.
Outdoor: EE, Three, O2 & Vodafone - All Voice & Data - Likely Parking: 2 private spaces in large open garage
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 The Quadrangle, Horseguards, Exeter, Devon
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