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See how verdicts work1-bedroom flat · EX4 4UY
For saleReduced £20k (−11.8%) on 21 AugListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom leasehold flat offers well-proportioned accommodation throughout and benefits from an exceptionally long lease with approximately 972 years remaining, providing peace of mind for years to come.
Ideal for first-time buyers, investors, or those looking to downsize, the property combines comfortable living space with practical features and ample storage.
The accommodation is centred around a spacious and light-filled lounge, creating a welcoming environment for relaxing.
The separate kitchen is well laid out, offering a range of storage and workspace to meet every day needs.
The property also features a good-sized double bedroom, providing a comfortable retreat, alongside a bathroom.
A particular feature of the flat is the abundance of storage throughout, making excellent use of the available space and providing plenty of room for household items.
This practical addition enhances the overall functionality of the home.
Externally, residents benefit from the convenience of off-street resident parking, ensuring easy access and added practicality for homeowners and visitors alike.
Offering a fantastic combination of space, storage and a long lease, this flat presents an excellent opportunity to acquire a comfortable and low-maintenance home suitable for a variety of purchasers.
*Some images have been edited with ai to remove clutter to better show off the size and space of the property.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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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
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FAQ
About 32, Addington Court, Exeter
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