1-bedroom flat · EX14 1FL
Listing removedListed 604 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation comprising... Communal front door opening with stairs or lift rising to first floor. Front door opens into...
Reception hall With night storage heater, airing cupboard housing the immersion tank, doors to...
Lounge 4.75m (15'7) x 3.09m (10'2) Double glazed windows to side and rear, night storage heater, TV point, telephone point.
Door to kitchen 2.31m (7'7) x 1.78m (5'10) Matching cupboards and drawers, wall and base units, roll edge work surfaces, tiled splash backs, stainless steel single drainer sink unit with mixer tap over, space for fridge freezer, space and plumbing for a washing machine.
From reception hall, doors to bedroom 1 3.70m (12'2) x 2.64m (8'8) With double glazed window, nights storage heater and built-in wardrobe.
Bathroom Low level WC, pedestal wash hand basin, panelled bath with electric shower, part tiled walls, electric shaver point, extractor, heated towel rail and electric wall heater.
Outside There are communal gardens to be enjoyed by all residents. There is also a communal lounge and a guest bedroom with en-suite.
Kings Gardens has parking spaces for residents, but this is not allocated. Maintenance/service charges 1233.75 half yearly Tenure: Leasehold.
150 year lease from 01/01/1990 Over 55 years old to purchase
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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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 19, Kings Gardens Devon, Honiton
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