2-bedroom flat · EX4 8LU
For saleReduced £10k (−5.9%) on 21 JunListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary guide price £160,000 - £180,000. A 2 bedroom ground floor flat located in Beacon Heath, close to transport links, local shops and supermarkets.
Outside there is a front lawned garden and rear enclosed lawned garden. No chain!
Description guide price £160,000 - £180,000 A 2 bedroom ground floor flat located in Beacon Heath, close to transport links, local shops and supermarkets.
Outside there is a front lawned garden and rear enclosed lawned garden. No chain!
The accommodation comprises:- Communal entrance hallway, entrance hallway, lounge/diner, kitchen, 2 bedrooms and bathroom/WC.
Agents Note There is an easement on the title, please enquire with the agent. Communal Entrance Hall Double doors to front.
Entrance Hall Double glazed obscured door to side, storage cupboard with shelving, intercom system, further storage cupboard with shelving, wall mounted radiator.
Living Room Double glazed front aspect window, wall mounted radiator.
Kitchen Double glazed rear aspect window, wall and base units, work surfaces, 1 1/2 bowl stainless steel sink unit, plumbing for washing machine, double gas oven, gas hob with extractor over, space for fridge freezer, tiling.
Bedroom 1 Double glazed front aspect window, wall mounted radiator. Bedroom 2 Double glazed rear aspect window, boiler, wall mounted radiator.
Wet Room Double glazed obscured rear aspect window, electric shower, wash hand basin, tiling, wall mounted radiator. Separate Wc Double glazed obscured rear aspect window, low level toilet.
Front Garden Lawn and trees. Rear Garden Brick-built store, further brick-built storage, patio, lawned area, all enclosed by walls, outside tap, gate to side.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
FAQ
About 112, Beacon Lane, Exeter
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