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See how verdicts work2-bedroom flat · EX4 1FJ
For saleListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A stunning two bedroom second floor apartment presented to a high standard throughout.
Situated in a sought after location on the fringes of the City within close proximity to local amenities and main commuter links.
There is a pleasant outlook to the front, a balcony, useful storage and allocated parking. EPC B, Council Tax Band C, Leasehold.
Situation: Situated on the western fringes of the city this superb second floor apartment is situated within close proximity to a number of local amenities including supermarkets, well regarded schooling, sporting and leisure facilities and the Historic Quayside.
There is a bus stop outside providing excellent access to the City Centre and the main commuter links including the M5 and A38, are within easy reach.
Communal front door and entrance hall: Stairs and lift to second floor, own front door to..
Entrance hall: Radiator, wall mounted entry phone, built in storage cupboard, double glazed window, additional built in storage cupboard, doors to..
Living room: 3.2m x 4.6m (10'6" x 15'1") , Double glazed doors to balcony, radiator.
Kitchen: 3.0m x 2.0m (9'10" x 6'7") , Modern fitted kitchen comprising of base cupboards and drawers with worktop over, built in oven and hob with extractor over, sink and drainer with mixer tap, wine rack, space for fridge freezer, space for washing machine, radiator, double glazed window, wall mounted cupboards.
Bedroom 1: 4.30m x 3.10m (14'1" x 10'2") Maximum , Double glazed window with outlook over communal garden, radiator, door to..
En-suite: Modern white suite comprising of close coupled WC, shower cubicle with wall mounted shower, pedestal wash hand basin, radiator, extractor fan.
Bedroom 2: 3.0m x 3.1m (9'10" x 10'2") , Double glazed window, radiator.
Bathroom: Modern white suite comprising of pedestal wash hand basin, close coupled WC, panelled bath with shower attachment, radiator, extractor fan.
Outside: There is a secure bike store and storage area and a allocated parking space.
Lease information: Lease Length: 125 years from 1st Jan 2010 Service Charge: 1st Jan 2026 - 31st Dec 2026 - £2,375.17 per annum Ground Rent: 1st Jan 2026 - 31st Dec 2026 £250
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.
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FAQ
About 8 Furze House, Furze Court, Exeter
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