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See how verdicts work1-bedroom flat · EX4 4EU
For saleReduced £5k (−3.6%) on 30 SepListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Exeter City Centre, this beautifully presented third-floor apartment offers an excellent opportunity to enjoy the convenience of city living while benefiting from a well-maintained and characterful home.
Situated within a block of just three apartments and offered with a share of the freehold, the property combines independence, practicality and long-term appeal, making it an ideal purchase for first-time buyers, professionals, investors or those seeking a centrally located pied-à-terre.
The apartment enjoys an elevated position on the top floor, providing a pleasant outlook and a sense of privacy.
Upon entering, you are welcomed into a bright and inviting interior that has been tastefully decorated throughout, creating a stylish and move-in-ready home.
The accommodation centres around a comfortable and well-proportioned lounge, offering an ideal space for relaxing.
The separate kitchen is thoughtfully arranged with a range of storage and worktop space, providing a practical environment for everyday cooking.
The double bedroom is a generous and peaceful retreat, while the bathroom is fitted to provide all the essentials for modern living.
A useful storage cupboard offers valuable additional space, helping to keep the apartment organised and clutter-free.
The property has also benefited from the installation of new windows, enhancing both comfort and energy efficiency while complementing the overall presentation of the home.
Outside, residents can take advantage of permit parking, a valuable feature in such a sought-after city centre location.
From the doorstep, Exeter's extensive range of shops, cafés, restaurants, leisure facilities and historic attractions are all within easy walking distance.
Excellent transport links, including Exeter Central and St David's railway stations, make the property particularly appealing for commuters and those wishing to enjoy everything the city has to offer.
Combining attractive presentation, practical accommodation, a share of the freehold and an enviable central location, this delightful apartment represents a rare opportunity to acquire a charming home in one of Exeter's most convenient and desirable settings.
Early viewing is highly recommended.
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.
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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
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FAQ
About Flat 3, 9, Longbrook Terrace, Devon
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