We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EX4 1FH
For saleReduced £10k (−5.7%) on 21 AugListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the well-regarded Langdon House, this spacious and well-laid-out two-bedroom leasehold apartment presents an excellent opportunity for a range of buyers, including first-time purchasers, downsizers and investors alike.
The property offers a welcoming entrance leading through to a bright and airy lounge area, which serves as the heart of the home.
From here, doors open directly onto a private balcony, providing a pleasant outdoor space ideal for relaxing and enjoying fresh air.
The layout allows for both comfortable living and dining arrangements, making it a versatile and practical living space.
The apartment comprises two well-proportioned bedrooms, with the principal bedroom benefitting from its own ensuite bathroom, creating a private and convenient retreat.
The second bedroom is also a good size and is well suited for use as a guest room, home office, or additional living space depending on individual needs.
A separate family bathroom serves the rest of the property, ensuring added convenience for both residents and visitors.
Further enhancing the appeal, the property includes resident off-street parking, offering ease and security-a valuable feature in any residential development.
While the flat would benefit from a degree of modernisation, it remains in generally good overall condition, allowing buyers to move in comfortably while also providing scope to update and personalise to their own taste.
This presents an excellent opportunity to add value and create a truly bespoke home.
Langdon House itself is well positioned, offering convenient access to local amenities, transport links and surrounding green spaces, making it a practical and desirable location for everyday living.
Early viewing is strongly recommended to fully appreciate the space, potential and overall lifestyle this property has to offer.
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 5, Langdon House, Exeter
Explore nearby