1-bedroom flat · EX32 8PF
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever-popular residential area of Whiddon Valley, this spacious and beautifully presented ground floor garden apartment boasts far-reaching countryside views, two separate garden areas, brand-new electric heating and the considerable benefit of a brand-new 999-year lease.
Recently redecorated and offered for sale with no onward chain, the property is ready for its new owner to move straight into. The heart of the home is the impressive open-plan living area.
The particularly generous Living Room is flooded with natural light and enjoys wonderful far-reaching views towards the surrounding countryside, creating a bright, peaceful and inviting space in which to relax or entertain.
The modern fitted Kitchen blends seamlessly with the living area, providing a stylish and practical layout that is perfectly suited to modern-day living.
The spacious double Bedroom features fitted cupboards and enjoys direct access to one of the property’s two private garden areas.
Offering valuable outdoor space rarely found with an apartment, the gardens provide separate areas for relaxing, alfresco dining or pottering, while taking full advantage of the property’s attractive setting.
A well-appointed Bathroom completes the accommodation, while a useful understairs cupboard provides further storage.
The property has also been equipped with brand-new electric heating and benefits from UPVC double glazing throughout. Outside, there is ample communal parking for residents and visitors.
The brand-new 999-year lease offers excellent long-term security and makes this an especially appealing proposition for first-time buyers, downsizers and investors alike.
Combining generous accommodation, two garden areas and impressive countryside views, this superb home is offered for sale with no onward chain, and an early viewing is strongly recommended.
Agents Note: According to our recommended energy assessor, if a new owner were to install a Dimplex Quantum high heat retention storage heater, operating from a dual-rate electricity meter, the property’s EPC rating could increase from an “E” to a “C”.
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Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 28, Peards Down Close, Devon
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