1-bedroom flat · EX5 7DU
Listing removedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to the market this ground floor apartment, overlooking Hayes Square with a sunny balcony.
Well presented throughout, with an open plan dual aspect living dining Room, a modern Kitchen, double bedroom & bathroom. Allocated Parking space & storage shed.
Ideal first home or buy to let. A beautifully presented one double bedroom apartment with a sunny balcony overlooking Hayes Square Park, allocated parking and excellent transport links.
Situated in the sought-after town of Cranbrook, this modern first-floor apartment offers bright, well-planned accommodation, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The welcoming entrance hallway provides access to a useful storage cupboard, which houses the heat interface unit, helping to keep the living space clutter-free.
The spacious open-plan living and dining area is flooded with natural light and opens directly onto a sunny private balcony, enjoying pleasant views across Hayes Square Park – the perfect spot to relax with a morning coffee or unwind at the end of the day.
The contemporary kitchen is well-equipped with an electric oven, electric hob and cooker hood, all included as fitted fixtures.
There is also the option for the purchaser to acquire the freestanding slimline dishwasher, freestanding fridge freezer and washing machine by separate negotiation, allowing for a convenient move-in experience.
The generous double bedroom provides comfortable accommodation, while the modern family bathroom is fitted with a white suite and includes a shower.
Externally, the property benefits from a numbered allocated parking space to the rear of the building, together with access to the communal bin store and secure bike shed.
Perfectly positioned for commuters, the apartment enjoys excellent access to local bus stops and Cranbrook railway station, providing regular services to Exeter, Honiton and beyond.
The town itself offers a growing range of amenities, including supermarkets, cafés, schools, a medical centre, pharmacy and attractive green spaces, making it a popular choice for a wide range of buyers.
This superb apartment combines modern, low-maintenance living with a convenient location and excellent transport connections. Early viewing is highly recommended.
First Port Property Management company.
125 years lease from 1 January 2013 112 years remaining £300 Ground Rent per annum Service charge £160.00 per month (subject to change) Council Tax Band A Tenure: Leasehold
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 134, Younghayes Road, Exeter
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