2-bedroom flat · EX8 2EP
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Communal entrance giving access to communal hallway.
Private front fire door: Reception hall: With coved ceiling; electric radiator; good size cupboard with shelving and housing the electric meters; further adjoining cupboard with shelving; cupboard housing the water cylinder with fitted immersion; doors giving access to all rooms.
Lounge/dining room: 16' 1" x 11' 11" (4.9m x 3.63m) Double glazed windows overlooking the communal gardens to the rear of the development; television point; coved ceiling; telephone point; electric radiator with display shelf over.
Kitchen/breakfast room: 11' 11" x 9' 10" (3.63m x 3m) Comprising of a range of patterned working surfaces; range of base cupboards, drawer units, space and plumbing for washing machine and dishwasher beneath work surfaces; four ring electric halogen hob with built-in oven below and extractor hood over; integrated fridge and freezer; range of wall units at eye-level with concealed lighting beneath; patterned tiled surrounds; electric radiator; coved ceiling; double glazed window overlooking the communal gardens to the front of the development.
Bedroom one: 15' 10" (4.83m) narrowing to 11'0" (3.35m) x 12' 0" (3.66m) Double glazed window overlooking the communal gardens to the rear of the development; electric radiator; coved ceiling; two sets of built-in double wardrobes with clothes rail and shelving.
Bedroom two: 12' 0" x 9' 11" (3.66m x 3.02m) Double glazed window with outlook over the communal gardens to the front of the development.
Currently used as a dining room with light dimmer switch; coved ceiling; serving hatch through to the kitchen; electric radiator.
Bathroom/WC: 2.74m x 1.7m (9'0" x 5'7") Comprising of a bath with hand grips and Mira shower unit over, shower curtain and rail; vanity style wash hand basin set in display surface with cupboards below; patterned tiling to splash prone areas; extractor fan; coved ceiling; wall mounted electric heater; double glazed window with patterned glass.
Ceiling archway to WC with matching patterned tiled and further double glazed window with patterned glass.
Outside: Pentgrove Court is set in well tended and generously sized level communal gardens enjoying an array of colour and seating areas with a communal drying area and bin store.
A driveway leads through to the rear of the building where there is visitors parking and a block of garages of which apartment 6 benefits from a single garage (numbered 5) with up and over door.
Tenure and outgoings: The property is leasehold on a 999 year lease from October 2020.
We understand that the apartment enjoys the benefit of 1/8th share of the freehold and pays £110 per month service charge. Agents note: The development has an age restriction of 50 years and over.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 4,6 Pentgrove Court, Stevenstone Road, Exmouth
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