2-bedroom flat · EX4 8EA
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Guide price £160,000-£170,000 / no onward chain Priory View is located within a gated community of fourteen apartments, within walking distance to Polsloe train station as well as within close proximity to the city centre and all major road networks.
The apartment is located on the ground floor and benefits from sole use of a private garden to the front.
On entering, a stylish and open plan kitchen/living room offers a lovely amount of natural light and some integrated appliances.
You will find a good size master bedroom with fitted wardrobes, along with a further single room, both of which are serviced by a modern fitted, tiled family bathroom.
Outside, there is one allocated parking space and private rear garden to front. *Agency Notes* The property also benefits from a newly fitted boiler. The vendor is a relation to the company.
Council Tax Band: B Tenure: Leasehold (982 years) Service Charge: £100 per month Our client has informed us that, as of the date of instruction, approximately 982 years remain on the lease.
The property is held under a 999-year lease granted in 2009.
We have also been advised that the current maintenance charge is £100 per calendar month (pcm), and that the management company is Crown Management Company.
Entrance Hall Front door leading into hallway, carpeted, radiator, storage cupboard. Kitchen/Lounge Two front double glazed windows, radiator, carpeted living area.
Kitchen has range of modern wall and base units with integrated oven and hob, integrated fridge freezer, inset stainless steel sink with drainer, space and plumbing for washing machine.
Bedroom 1 Double glazed window to rear aspect, double bedroom with carpets. Bedroom 2 Double glazed window to rear aspect, carpets and radiator.
Bathroom Panelled bath with shower over and mixer taps, low level modern WC, wash hand basin with mixer tap over, double glazed window to side aspect.
Outside Low maintenance private garden and allocated parking space and sat within a gated 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
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FAQ
About 1 Priory View, Exeter
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