1-bedroom flat · EX1 2DU
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire a first floor flat in the popular and sought after location of Heavitree, offered for sale with no onward chain.
Accommodation comprises communal entrance, entrance hall, lounge, kitchen, bedroom, bathroom. A great investment opportunity with a tenant in situ, or a fantastic first time buy.
Viewing is highly recommended to appreciate what is on offer.
Description An exciting opportunity to acquire a first floor flat in the popular and sought after location of Heavitree, offered for sale with no onward chain.
Accommodation comprises communal entrance, entrance hall, lounge, kitchen, bedroom, bathroom. A great investment opportunity with a tenant in situ, or a fantastic first time buy.
Viewing is highly recommended to appreciate what is on offer.
Entrance hall Communal front door leads flat 2 personal front door and entrance hall: Side aspect uPVC double glazed window, doors to lounge, bedroom, bathroom, bathroom, electric storage heater, telephone intercom system.
Lounge 16' 11" x 13' 2" (5.175m x 4.017m) Front aspect uPVC double glazed window, feature fireplace with marble mantel, tiled hearth, TV point, telephone point, cove ceiling, gas fire, door through to: Kitchen 7' 5" x 5' 8" (2.273m x 1.728m) Front aspect uPVC double glazed window, fitted range of eye and base level units with stainless steel sink with mixer tap and single drainer, roll edge work surfaces, part tiled walls, gas cooker point, plumbing for washing machine.
Bedroom 9' 6" x 10' 5" (2.898m x 3.197m) Rear aspect uPVC double glazed window with view over rear garden, wall mounted boiler, cove ceiling.
Bathroom Three piece suite comprising panel enclosed bath with mixer tap and handheld shower above, pedestal wash hand basin, low level WC, wood laminate flooring.
Lease information 999 years from 1 January 1990 They have not paid any ground rent or maintenance charges, any repairs needed the cost is split between the 4 flat owners.
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 advisors 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
FAQ
About Flat 2, 7 North Avenue, Exeter
Explore nearby