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See how verdicts work1-bedroom flat · EX2 5PX
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 1-bedroom flat offers a fantastic opportunity for those looking for a renovation project or a charming home in a great location.
With a large living area that can be easily personalised, there’s plenty of room to make this space your own.
Whether you're looking to create a cosy retreat or add a modern touch, this flat provides the perfect canvas for your ideas.
The property features a spacious storage cupboard, ideal for keeping the home tidy and organised.
Storage in flats can be rare, so this added bonus is a huge plus for those who appreciate a well-kept space.
The flat is located in a convenient and sought-after area, with off-street parking, making it easy to come and go without worrying about finding a spot.
Plus, it is close to local amenities, offering easy access to shops, public transport, and everything you need day-to-day.
The leasehold term has an impressive 198 years remaining, offering long-term security and peace of mind for the buyer.
While the flat would benefit from some modernisation and creative updates, it has immense potential.
With the right vision, this property could be transformed into a beautiful home or investment property, making it a great choice for first-time buyers, investors, or those looking for a project.
This flat is ready to be turned into something truly special, so don’t miss the chance to make it your own!
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Quarry Lane, Exeter, Devon, EX2
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