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See how verdicts work2-bedroom flat · EX2 7DU
For saleListed 723 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented first-floor apartment with two generous double bedrooms, offering approximately 47 sq. Metres of living space.
Ideally located for convenient access to the city centre, local business parks, and a wide range of amenities.
Recently redecorated and newly carpeted throughout, the property comprises a bright and spacious living/dining area, a well-proportioned kitchen, two large double bedrooms (the master benefiting from an en-suite shower room), and a modern family bathroom.
Additional benefits include an allocated parking space. This apartment would make an excellent first home or a smart investment opportunity, with a rental income of £1,100 per month (yield around 7%).
Approach Communal front door to communal entrance hallway with stairs to first flloor. Front door to apartment 18 and entrance hallway.
Entrance hallway Spacious entrance hallway with doors leading to living/dining room, kitchen, bedrooms and bathroom. Radiator. Entry phone. Coat hanging space.
Living/dining room 21' 1" x 18' 4" (6.43m x 5.59m) (max - irregular shaped room) Wonderful light and spacious living/dining room with Upvc double glazed window to rear aspect and Upvc french doors to Juliet balcony.
Radiator. TV and telephone points. Feature fireplace with wood mantle, polished stone effect inset and hearth with fitted electric coial effect fire.
Kitchen 9' 5" x 8' 7" (2.87m x 2.62m) Upvc double glazed window to rear aspect. Attractive shaker style fitted kitchen with range of base, wall and drawer units in oak effect wood finish.
Roll-edge worktop with tiled surround and inset stainless steel sink. Integral electric oven and gas hob with extractor hood over. Space and plumbing for washing machine.
Space for freestanding fridge/freezer. Further under worktop appliance space. Tiled floor. Extractor fan. Door to matching wall cupboard housing gas boiler.
Bedroom 1 14' 8" x 14' 6" (4.47m x 4.42m) (max - irregular shaped room( Large double bedroom with Upvc double glazed window to front aspect. Radiator. TV point. Power points with usb points.
Door to en-suite. En-suite 7' 6" x 6' 7" (2.29m x 2.01m) (max) Upvc double glazed window to front aspect with obscure glass.
White suite comprising; low level w.c., hand wash basin set in vanity unit and glass sliding door to large tiled shower enclosure with mixer shower. Extractor fan. Shaver point.
Door to airing cupboard complete with hot water tank and shelf. Bedroom 2 15' 1" x 9' 1" (4.6m x 2.77m) (max) Further spacious double bedroom with two Upvc double glazed windows to side aspect.
Radiator.
Bathroom 7' 5" x 6' 0" (2.26m x 1.83m) White suite comprising; low level w.c., hand wash basin set in vanity unit with cupboard under and bath with tiled surround, glass folding screen and electric shower over.
Tiled floor. Radiator. Shaver point. Extractor fan. Outside parking One allocated parking space located in residents car park to front of the property.
Agents notes: To the best of the Vendors knowledge they have advised the following: Tenure: Leasehold - 155 years from July 2005 - 136 years remaining Service charge: Monthly £170 (including buildings insurance) Ground rent : Annual £296.60 Council Tax Band: B Council: Exeter City Council Parking: One allocated parking space Garden: No outside space Electricity: Mains Gas: Mains Heating: Gas central heating Water Supply: Mains Sewerage: Mains Broadband: Standard - Highest available download speed - 16 Mbps and Highest available upload speed - 1 Mbps.
Faster speeds are available with additional costs.
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 advisers 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 18, Seabrook Mews, Exeter
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