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See how verdicts work2-bedroom flat · EX4 6DH
For saleReduced £10k (−11.1%) on 17 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within the popular Kingsgate retirement development on Pennsylvania Road, this spacious and well-maintained two-bedroom leasehold apartment offers an excellent opportunity for those seeking comfortable, independent living within a friendly and established community.
The apartment is thoughtfully arranged to provide both practicality and comfort.
Upon entering, you are welcomed by a generous entrance hall with ample storage, setting the tone for the abundance of cupboard and storage space found throughout the property.
The bright and inviting lounge provides an excellent space for relaxing or hosting visiting family and friends, while the adjoining kitchen is well-equipped with a range of fitted units and workspace designed to meet everyday needs.
There are two well-proportioned bedrooms, both benefiting from built-in storage, offering plenty of room for furniture while ensuring a clutter-free living environment.
The accommodation is completed by a well-appointed bathroom, designed for convenience and ease of use.
A particular feature of Kingsgate is the excellent range of communal facilities available to residents.
The development boasts attractive and well-maintained communal gardens, providing a pleasant outdoor space to enjoy throughout the year, whether relaxing with a book or spending time with neighbours.
Residents also have access to welcoming communal lounges and shared social areas, which help foster a strong sense of community and offer opportunities for socialising and organised activities.
Further benefits include resident off-street parking, secure and well-kept communal areas and the reassurance of living within a purpose-built retirement development.
The property is ideally positioned on Pennsylvania Road, offering convenient access to local amenities, transport links and everything needed for day-to-day living.
Combining spacious accommodation, excellent storage, attractive communal facilities and a highly desirable retirement setting, this is a wonderful home for those looking to enjoy a relaxed and independent lifestyle within a supportive community.
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
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FAQ
About 108, Kingsgate, Exeter
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