1-bedroom flat · EX2 4BL
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented ground floor flat forming part of a sought-after development in the highly regarded area of St Leonards.
The property offers well-appointed accommodation including an open plan living space with a modern fitted kitchen, a good-sized double bedroom and shower room, together with the particularly attractive benefit of its own enclosed rear garden.
The property also benefits from triple-glazed windows and low-energy lighting.
Winsor Avenue is situated within the popular St Leonards area, ideally placed for access to Exeter Quay, where there are riverside walks, restaurants, cafés and shops.
The city centre is also within easy reach, providing a wider range of high street shops, dining and leisure facilities, together with excellent transport links.
Accommodation The entrance hallway provides access to all of the principal rooms and benefits from a built-in utility cupboard with a fitted worktop, space beneath for a washing machine, and fitted shelving above.
The open plan living space is a pleasant light and spacious room, with a window to the rear and sliding doors opening directly onto the garden.
The kitchen area is fitted with a range of matching wall and base units with Caesarstone worktops, a matching upstand and a 1.5 bowl stainless steel sink with mixer tap and drainer grooves to the side.
Integrated Bosch appliances include an eye-level oven, a separate induction hob with an extractor hood over, a built-in microwave, a fridge freezer, and a dishwasher.
A further cupboard houses the Worcester boiler. The double bedroom is a good size and benefits from a full wall of built-in wardrobes, together with a rear-facing window overlooking the garden.
The shower room comprises a shower cubicle with a rainfall shower head and separate handheld shower attachment, a wall-mounted wash basin with a mixer tap, and a concealed cistern WC.
There is also a large fitted mirror and porcelain tiled flooring.
Outside A particular feature of the property is its own enclosed rear garden, which is accessed directly from the living space via the sliding doors.
A patio area provides space for outdoor seating, with the remainder laid to gravel, creating a low-maintenance space to enjoy. A gate provides useful side access.
The development also benefits from a communal bike store.
Property Information Tenure: Leasehold (We understand that the lease length is 999 years from 1 January 2023 and that the current maintenance charges are £150.14 per month). Council tax band: B.
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
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FAQ
About Flat 16, Winsor Avenue, Exeter
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