2-bedroom flat · EX1 3WD
Listing removedListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to let this top floor apartment in a popular development on the outskirts of Exeter.
The accommodation comprises, a light and spacious living/dining room, modern kitchen, two double bedrooms, master with en-suite shower room and a family bathroom.
The apartment also benefits from an allocated parking space and is close to Pinhoe train station which is on the central line into London and there are lots of amenities close by.
Accommodation comprising: Communal entrance with stairs rising to the second floor.
Private front door into: Entrance hall: Gas central heating radiator, entry phone system, smoke alarm, built-in storage cupboard housing the electricity circuit breaker, hatch to roof space and doors to: Living/Dining room: PVCu double glazed window to the front aspect, gas central heating radiator, telephone and television points.
Kitchen: PVCu double glazed window to the rear aspect. The kitchen is fitted with a range of modern white fronted base cupboards, drawers and eye level units.
Roll edged work surface with matching upstand. Stainless steel one and a half bowl sink unit with mixer tap. Space and plumbing for washing machine.
Space for fridge/ freezer, integral Zanussi electric oven and gas hob with extractor hood over. Cupboard housing the Logic combi boiler serving domestic hot water and central heating.
Bedroom 1: Dual aspect room with PVCu double glazed windows to side and front aspect.
Telephone and television points, gas central heating radiator and door to: En-suite Shower Room: Glazed shower cubicle and Mira sower.
Tiled surrounds, pedestal wash hand basin with tiled splashback and mixer tap. Close coupled W.C, extractor fan, gas central heating radiator and electric shaving point.
Bedroom 2: Dual aspect room with PVCu double glazed windows to the side and rear aspects. Gas central heating radiator.
Bathroom: Fitted with a white suite comprising panelled bath with tiled surrounds and chrome style mixer tap. Wash hand basin with tiled splashback and mixer tap.
Close coupled W.C, gas central heating radiator, extractor fan, obscured PVCu double glazed window to the rear aspect and electric shaver point.
Outside: There is an allocated parking space and communal refuse store area at the rear. EPC: B Council Tax: B Utilities: Mains gas, electricity, water and drainage. Parking - Allocated parking
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 Old Park Avenue, Exeter, EX1
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