1-bedroom flat · EX4 1RB
For saleReduced £5k (−3.7%) on 22 SepListed 86 days
Opportunity summary
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About
Detailed Description A well presented one bedroom ground floor flat with modern fitted kitchen and bathroom.
The property is positioned within a popular residential area and within close proximity to local shop, bus route and Barley Nature Reserve. No onward chain. EPC C, Council Tax Band A, Leasehold.
Front door hallway: Storage cupboards, radiator, door to.. Lounge: 3.9m x 3.5m (12'10" x 11'6") , Double glazed window to the rear, radiator, cupboard housing wall mounted boiler.
Kitchen: 3.5m x 2.2m (11'6" x 7'3") , Base cupboards and drawers with worktop over, one and a half bowl sink and drainer with mixer tap, built in oven, four ring gas hob, space for low level fridge, space for low level freezer, space for washing machine, wall mounted cupboards, storage cupboard, double glazed window to the side, radiator.
Bedroom: 4.0m x 3.1m (13'1" x 10'2") , Double glazed window to the rear, radiator.
Bathroom: Close coupled WC, wash hand basin, paneled bath with shower attachment, radiator, obscure double glazed window to the front.
Lease information: Lease Length: 125 years from 22nd April 1987 - 21st April 2112 -tbc Service Charge: For the period 24th June 2026 - 29th September 2026 £202.02 Ground Rent: £10 per annum - tbc Insurance charge: For the period 24th June 2026 - 29th September 2026 £28.55 agents note: There is a communal car park which requires a permit from the council.
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.
Area
Agent & docs
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FAQ
About 10, Prescot Road, Exeter
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