1-bedroom flat · EX36 4BY
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Webbers are delighted to welcome onto the market this well presented one bedroom apartment, equipped with a modern kitchen, bathroom and neutral decor throughout.
The property is situated on a level site just off the town centre and also possesses the added benefits from UPVC double glazing and gas central heating.
It is worth noting that there is available permit parking nearby.
In brief, the accommodation comprises of a double glazed entrance door leading to an open plan living / kitchen / dining room with a window to the front elevation and ample space for the necessary furniture.
The kitchen consists of high gloss, soft closing units with graphite framing, stainless steel sink unit, fitted single oven and a four-ring gas hob with extractor over.
The double bedroom possesses a patio door to the rear and a wardrobe which housing an "Ideal" combination boiler.
The shower room is equipped with a large walk-in shower with aqua panelling, pedestal hand basin, extractor, LED down lighting, shaver light with night light mode and a WC.
There is a small enclosed yard at the rear with fire escape access.
Tenure: Leasehold - 125 years from and including 1 January 2022 and to and including 31 December 2147 Charges: Ground rent - £100 per annum. Maintenance charge - £300 per annum.
From our office, proceed along East Street and take the first right turn into New Road. Savoy Mews is a short distance along on the left.
What3words: ///captions.uproot.charge Services All mains services connected Tenure Leasehold Council Tax Band A Mobile And Broadband We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting ofcom.
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
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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 6A The Savoy Mews,, New Road, Devon
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