2-bedroom flat · EX11 1ZL
For saleReduced £10k (−3.8%) on 14 OctListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive Grade II* listed top floor apartment, with lift access, forming part of conversion into a collection of high-quality residences, blending period character with contemporary luxury, with private parking.
Priory House Priory House is a distinguished Grade II* listed landmark that has been carefully and sympathetically converted to an exceptional standard.
The result is a collection of refined residences where period character and contemporary luxury sit seamlessly together, enhanced by high-quality materials and meticulous attention to detail throughout.
Situation Positioned on the top floor, this impressive two-bedroom apartment is accessed via an elegant sweeping staircase or a lift, offering both ease of access and a sense of exclusivity.
Once inside, the property delivers a superb combination of light, space and modern design.
Accommodation The main living space is a standout feature - a generous open-plan kitchen, dining and living area perfectly suited to both relaxing and entertaining.
The kitchen has been finished to a high specification with integrated Neff appliances, including a signature slide-and-hide oven, complemented by Carrara marble-effect work surfaces, a wine cooler and engineered oak flooring.
Large windows provide an attractive outlook towards East Hill, enhancing the bright and airy feel. A well-proportioned hallway leads to two double bedrooms and a contemporary family bathroom.
The principal bedroom is particularly appealing, complete with its own stylish en-suite shower room, offering a comfortable and private retreat.
Further Benefits Further benefits include a secure intercom entry system, Sky TV readiness, a private basement storage unit, and a designated parking space within the residents’ car park to the rear of the building.
Material Information Tenure: Share of freehold. With 999 year lease (expires 1.7.3022).
The service charge is currently £2,184 per annum Mains Services Connected: Gas, electric, water and drainage Council Tax: East Devon District Council Tax Band C Parking: Allocated parking space to rear
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 Apartment 8, Priory House, 10, Paternoster Row, Devon
Explore nearby