2-bedroom flat · EX2 9EU
Listing removedListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Queens Road in the charming area of St Thomas, Exeter, this delightful ground floor flat offers a perfect blend of comfort and convenience.
Spanning an impressive 775 square feet, this purpose-built two-bedroom residence is ideal for those seeking a modern living space with easy access to the city centre.
Upon entering, you will find a spacious reception room that provides a welcoming atmosphere, perfect for relaxation or entertaining guests.
The flat features two well-proportioned bedrooms, ensuring ample space for rest and privacy.
The modern kitchen is equipped with contemporary fittings to prepare meals, while the stylish bathroom helps with your daily routine.
This property is offered unfurnished, allowing you the freedom to personalise the space to your taste.
Additionally, it comes with the added benefit of one off-street parking space, a rare find in such a convenient location.
With its proximity to the city centre, residents can enjoy easy access to a variety of shops, restaurants, and local amenities, making it an ideal choice for professionals and families alike.
Available now, this flat presents a wonderful opportunity to secure a modern home in a sought-after area of Exeter. Don’t miss your chance to make this lovely flat your new home.
* two bedroom ground floor flat * unfurnished * st thomas location * available now * night storage heaters * one off street parking space * EPC rating: D *
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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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 Flat 2, Adelaide Court, Queens Road, Exeter
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