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See how verdicts work2-bedroom flat · EX3 0AQ
For saleReduced £15k (−5.9%) on 11 AugListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after residential area of the picturesque estuary town of Topsham, this delightful ground floor flat offers convenient access to all local amenities.
The property features a bright and airy L-shaped living/dining room with French doors opening onto a generous private garden, perfect for relaxing or entertaining.
Two well-proportioned double bedrooms, this home combines comfort with a superb location.
Offered for sale with no onward chain, this property presents an excellent opportunity for first-time buyers, downsizers, or investors alike. Approach Upvc glass panel door to entrance lobby.
Entrance lobby Good sized entrance lobby with coat hanging space. Radiator. Door to living/dining room.
Living/dining room Bright double aspect L-shape room with full height window to front aspect and French doors to rear opening onto the garden. Feature fireplace with brick facia and open grate.
Two radiators. TV and telephone points. Doorway to kitchen. Door to inner hallway. Kitchen Upvc double glazed window to rear aspect with outlook over the garden.
Range of base and wall units in cream finish. Roll-edge worktop with tiled surround and inset ceramic sink and drainer. Space for slot-in electric cooker.
Space and plumbing for washing machine and dishwasher. Space for freestanding fridge/freezer. Radiator. Wood effect laminate flooring. Wall mounted gas combi boiler.
Inner hallway Small inner hallway with doors leading to bedrooms and bathroom. Coat hanging space and door to deep understair storage cupboard.
Bedroom 1 Light and spacious double bedroom with large Upvc double glazed window to front aspect. Radiator. Telephone point.
Bedroom 2 Further double bedroom with Upvc double glazed window to rear aspect with outlook over the garden. Radiator. TV and telephone points.
Bathroom Upvc double glazed window to rear aspect with obscure glass.
White suite comprising; low level w.c., pedestal hand wash basin and bath with tiled surround, mixer tap with showerhead attachment. Radiator.
Outside front Two steps with handrail lead to shared pathway to No 19 and No20 and open front garden area laid to lawn rear garden Generous sized westerly facing rear garden featuring: Large paved patio area adjoins the rear of the property leading onto a lawn garden area edged with matures plants and shrubs.
Path leading to a fitted garden shed.
Agents notes: To the best of the Vendors knowledge, they have advised the following: - Tenure: Share of Freehold Years Left Remaining:88 Maintenance charge: £670 Per Annum Service Charge: £77 Per Annum Management Company: Bradleys Electricity: Mains Heating: Mains Gas Boiler Water: Mains Sewerage: Mains Council Tax Band: B Council: Exeter City Council Parking: Permit Parking Broadband speed: Copper Broadband with up to 21 mbps download and 1mbss upload Mobile Signal: Several networks currently showing as available at the property including EE and Vodafone.
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 20, Altamira, Exeter
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