2-bedroom flat · EX22 6AZ
Let agreedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unfurnished two bedroomed Flat close to the Town Centre, with open plan lounge/dining room/kitchen, allocated parking space to the front.
EE Rating D Council Tax Band A Entrance is via a uPVC obscure part glazed door into the Porch: With steps leading down to the Hallway: With access to all rooms and storage cupboard, fitted carpet and radiator.
Kitchen/living Area: With dual aspect windows to the front and side with door to a side outdoor small paved area, good range of top and base units with worksurface, single drainer stainless steel sink unit, oven and hob with extractor over, space for freestanding fridge/freezer, dishwasher and washing machine/tumble dryer (outside) .
Lounge area with fitted carpet, kitchen with tiled flooring, radiators.
Bathroom: With three piece suite comprising of low flush WC, pedestal wash basin and bath with shower over, tiled flooring, storage cupboard and radiator.
Bedroom 1: With triple aspect windows to the front side and rear, space for double bed, fitted carpet, radiator.
Bedroom 2: With window and door to the side, fitted carpet and radiator, Outside: Allocated parking space.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 2, The Old Chapel, Station Road
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