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See how verdicts work1-bedroom flat · EX4 2EZ
For saleListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Of interest to first time buyers and investors***A one bedroom second floor flat currently let at £630 pcm Council Tax Band: A (Exeter City Council) Tenure: Leasehold 999 Years from 24 June 1985 - 958 years remaining Description This flat forms part of a portfolio of seven similar units within the same building being offered on behalf of our landlord client for whom we have been managing agents since 2014.
Further details of the other 6 units are available on request. Entrance Hall Intercom entry phone. Wall mounted electric heater.
Living Room and Kitchen 15’8”’ x 10’6’’ overall with window to rear aspect. Wall mounted electric heater. Kitchen area - Stainless steel sink unit. Storage cupboards. Electric oven.
Space for fridge and washing machine. Bedroom 6’10” x 6’6” Single bedroom with window. Built-in wardrobe. Bathroom With wc, basin and bath with electric shower over.
Parking Shared parking at the front of the building.
Tenure Leasehold 999 Years from 24 June 1985 - 958 years remaining The flat is currently let on an AST agreement from August 2025 at £630 pcm Service/Maintenance Charge Approximately £500 per annum - to be confirmed
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.
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FAQ
About 16 Kinnerton Court
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