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See how verdicts work2-bedroom flat · EX8 2BB
For saleListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Communal entrance with stairs and lift to all floors. This apartment is located on the first floor.
Own private front door with spy hole giving access to: Reception hall: With access to post / utilities cupboard; coved ceiling; telephone point; feature wall recess with shelf; coats cupboard with coat rail and shelf; thermostat control for ceiling heating; doors leading to all rooms.
Lounge/dining room: 26' 5" x 14' 9" (8.05m x 4.5m) narrowing to 10' 6" (3.2m).
A superb spacious and extremely bright room with four UPVC double glazed sash style windows overlooking the front and side elevations gaining wonderful sea and coastline views; television point; telephone point; coved ceiling; thermostat control for ceiling heating.
Kitchen: 10' 8" x 7' 11" (3.25m x 2.41m) Comprising white work top surfaces with inset one and a half bowl stainless steel single drainer sink unit with mixer tap; inset four ring halogen hob with extractor hood over and built-in oven beneath; range of stylish base cupboard and drawer units, space and plumbing for washing machine and dishwasher beneath work surfaces; matching range of wall units at eye-level; upright pull-out larder style cupboard; upright fridge / freezer in upright kitchen unit; tiled flooring; thermostat control for ceiling heating; cupboard housing water tank; double glazed sash style windows to side aspect with views towards the sea.
Bedroom one: 14' 2" x 12' 0" (4.32m x 3.66m) Two double glazed sash style windows overlooking the side aspect gaining views towards the sea; fitted mirror-fronted wardrobes with clothes dual clothes rails and shelving; fitted floor to ceiling wardrobes with four sliding doors (two mirror fronted) with clothes rail and shelving; thermostat control for ceiling heating; coved ceiling.
Bedroom two: 11' 0" x 10' 8" (3.35m x 3.25m) Double glazed sash style window to side elevation enjoying an outlook towards the sea; range of built-in wardrobes / storage cupboards incorporating a pull-down bed; thermostat control for ceiling heating.
Shower room / WC: Fitted with a good size shower cubicle with curved shower splash screen doors; shower unit; hand rails; splashback walls; vanity style wash hand basin with chrome mixer tap and storage cupboard beneath; fitted mirror with light over; WC with concealed cistern, mirror fronted medicine cabinet in wall recess; electric heated towel rail; tiled walls; extractor fan.
Cloakroom / WC: Comprising a vanity style wash hand basin with sink unit and mixer tap; fitted mirror and cupboard over with further cupboard beneath; WC with large fitted cupboards over; fully tiled walls and tiled flooring; extractor fan.
Outside: The apartment has the benefit of a garage.
There are communal gardens surrounding the property plus superb additional garden directly opposite predominately laid to lawn with beds; seating area; gaining wonderful views to the sea and coastline beyond.
Tenure and outgoings: The property is leasehold and benefits from a 1/19th share of the freehold. The service charges are approximately £1,100 paid 6 months.
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
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FAQ
About 14 Pencarwick House, Louisa Place, Exmouth
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