1-bedroom flat · EX2 7GF
Under offerListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A GOOD SIZE ONE-BEDROOM SECOND-FLOOR APARTMENT, POSITIONED IN A POPULAR RESIDENTIAL LOCATION CLOSE TO LOCAL AMENITIES. A FITTED KITCHEN LOUNGE, ALLOCATED PARKING AND LOVELY COMMUNAL AREAS.
NO ONWARD CHAIN.
Situation The property is located on the outskirts of the lively Cathedral City of Exeter, surrounded by stunning countryside and in close proximity to beautiful coastlines, the city really does offer the best of urban and rural life The historic quayside is a lovely destination hosting activities such as kayaking, climbing, sailing and cycling.
A vibrant mix of cafes, shops and restaurants can also be found along the waterfront.
Exeter is a stylish, thriving and versatile place to be, it is lively and yet relaxed with everything you will need for a happy, healthy lifestyle.
Located off Junction 30 on the M5 in the picturesque County of Devon. Entrance Hall Radiator, storage cupboard and wall-mounted intercom system.
Open Plan Lounge/Kitchen A light and airy living space featuring a double glazed window to the side and double glazed doors opening to a Juliet balcony.
The kitchen area is fitted with a range of base units and drawers with work surfaces over, inset sink and drainer, built-in oven, separate hob with extractor hood, washing machine, fridge freezer and wall-mounted boiler.
Radiator. Bedroom A generous double bedroom with double glazed doors opening to a Juliet balcony and radiator.
Bathroom Fitted with a low-level WC, pedestal wash hand basin and panelled bath with shower over. Radiator.
Lease Information Lease Term: 125 years from 1 January 2013 Service Charge: £225 per calendar month (1 February 2025 31 December 2025) Ground Rent: £300 per annum for the period 20232033, increasing by £150 every ten years from January 2013 to a maximum of £900 for the remainder of the lease term.
Agent's Note Pets may be permitted, subject to consent from the management company.
Outside The property benefits from an allocated parking space, together with access to a secure covered bicycle storage area for residents.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Trafalgar Road, Exeter
Explore nearby