1-bedroom flat · EX1 3BD
For saleReduced £10k (−6.3%) on 8 SepListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This second floor flat comes to the market for the first time since built and is available with no onward chain.
The property is in need of modernisation in places but offers spacious accommodation within close proximity to local amenities.
The property has been recently redecorated and had new carpets fitted throughout. The accommodation comprises one good-sized bedrooms, a generous living room, kitchen and shower room.
All rooms enjoy bright outlooks over the area. The kitchen is fitted with wall and base units and also has a storage cupboard and window the rear.
Completing the accommodation, there is plenty storage throughout the property including a large cupboard from the hall, an airing cupboard from the living room and a pantry/store in the kitchen.
Hamlin gardens is siutated on the edge of Heavitree and gives easy access to amenities at Polsloe Bridge, including the train station that leads to the city centre in one direction and Exmouth in the other.
The building has plenty of green space around it and a regular bus service.
Overall, this property represents a great opportunity to acquire a conveniently located flat and would make a fantastic first time or investment purchase.
Tenure: Leasehold Council Tax Band: A Local Authority: Exeter Service Charge: £414.80 Annually Ground Rent: £10 Annually Years Remaining: 89 Years Communal Entrance Key fob entry and intercom system, stairs to second floor Hall Doors to all rooms plus access to large storage cupboard Living Room (4.25m x 3.33m, 13'11" x 10'11") Window to front, fireplace with electric heater and tiled hearth.
Access to airing cupboard Kitchen (4.38m x 2.38m, 14'4" x 7'9") Fitted wall and base units with space for several appliances.
Window to rear, door to pantry/store Bedroom One (4.26m x 3.08m, 13'11" x 10'1") Double room with window to front Bedroom Two (3.11m x 2.19m, 10'2" x 7'2") Large single room with window to front Shower Room (2.20m x 1.55m, 7'2" x 5'1") Walk-in shower area with tiled surround.
W.C and sink unit, window 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 84b, Hamlin Gardens, Exeter
Explore nearby