1-bedroom flat · EX1 1RX
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious one bedroom and well presented flat located in the highly desirable area of St Leonards, just a 0.3 mile walk to Exeter's city centre high street.
Situated on the first floor, the flat boasts a balcony leading out from the bedroom offering an area of outside space, as well as a brick built store and an allocated parking space to the rear of the property.
The internal accommodation briefly consists of an entrance hall, a sizeable living room, a kitchen diner, inner hallway, a double bedroom and bathroom.
The excellent central location provides a range of nearby amenities and we highly recommend further internal viewing. Council Tax Band: A.
Subject to Referencing and Affordability Checks A Holding Deposit of one week's rent will be requested to reserve the property.
A Tenancy Deposit of 5 weeks' rent will be required should an application be successful.
For full details of charges and fees please visit our website: Entrance Hall The front door opens to the entrance hall which includes wooden flooring, a telephone intercom system, and access to the living room and kitchen diner.
Living Room (17' 0'' x 12' 7'' plus bay (5.17m x 3.83m)) An impressive and spacious reception room boasting a sash bay window to the front aspect, a fireplace surround with fitted shelving into the alcoves, ceiling roses, decorative coving, two radiators, and a built-in storage cupboard.
Kitchen Diner (13' 1'' x 10' 9'' narrowing to 6' 10'' (4.0m x 3.28m)) The kitchen is well-presented and contains a range of matching wall and base units with oak worktops, a tiled splashback, and a 1.5 bowl ceramic sink and drainer unit with a mixer tap over.
Integrated appliances include an oven with a gas hob and extractor hood over. Also provided is a tall fridge-freezer and a washing machine. There is ample space for a dining table and chairs.
An archway leads to the inner hallway. A sash window faces the rear aspect.
Inner Hallway The inner hallway incorporates the wall-mounted combination boiler, a radiator, doors to the bedroom and bathroom, and an obscured uPVC double glazed window to the side aspect.
Bathroom (7' 0'' x 5' 7'' (2.14m x 1.71m)) An attractive bathroom comprising a close-coupled WC, a wash basin, and a claw-foot bath with mixer taps and a shower head over, along with an additional hand-held attachment.
There is also tiled flooring, part-tiled walls, spotlighting, and a period-style heated towel rail. An obscured borrowed light window faces the side aspect.
Bedroom (14' 5'' x 11' 1'' to rear of wardrobes (4.4m x 3.38m)) A good-sized double bedroom featuring a wall of built-in wardrobes, a radiator, a loft hatch, and uPVC double glazed French doors opening to the balcony.
A uPVC double glazed window faces the side aspect.
Balcony (10' 0'' x 6' 10'' (3.06m x 2.09m)) A valuable space with double doors leading out from the bedroom, providing an ideal spot for outdoor seating and entertainment.
Steps lead down to the useful brick built store and the parking area. Parking The flat boasts an allocated off-road parking space to the rear of the property.
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 Flat 2, 35, Barnfield Road, Exeter
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