3-bedroom flat · EX4 6DW
For saleReduced £15k (−5.3%) on 13 SepListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a spacious purpose built first floor apartment with fine outlook and views over neighbouring area, parts of Exeter and beyond. Three good size bedrooms. Private entrance.
Well proportioned lounge/dining room. Kitchen. Shower room. Separate cloakroom. Store room/office. Section of garden. Single garage.
Highly sought after residential location providing great access to local amenities, university and Exeter city centre. No chain. Viewing highly recommended.
Accommodation in detail comprises (All dimensions approximate) Private obscure double glazed front door leads to: Entrance hall Cloak/storage cupboard with hanging rail and fitted shelving.
Stairs rising to: First floor landing Smoke alarm. Access to roof space. Airing cupboard, with fitted shelving, housing lagged hot water cylinder.
Additional storage cupboard housing boiler serving central heating and hot water supply. Lead effect obscure uPVC double glazed window to side aspect.
Door to: Lounge/dining room 19’8” (5.99m) maximum x 17’8” (5.38m) maximum. A well proportioned light and spacious room.
Marble effect fireplace with raised hearth, inset living flame effect electric fire, wood surround and mantel over. Storage cupboard built into alcove.
Obscure lead effect uPVC double glazed window to side aspect. Large lead effect uPVC double glazed window to front aspect with pleasant outlook over neighbouring area.
Additional lead effect uPVC double glazed window to side aspect. From first floor landing, door to: Kitchen 10’10” (3.30m) x 9’4” (2.84m). Fitted with a range of matching base and drawer units.
Marble effect work surfaces with tiled splashback. Fitted oven/grill. Fitted microwave/grill. Four ring electric hob. Single drainer sink unit with modern style mixer tap. Upright storage cupboard.
Plumbing and space for washing machine. Plumbing and space for slimline dishwasher. Space for upright fridge freezer.
UPVC double glazed window to rear aspect offering fine outlook over neighbouring area, parts of Exeter and beyond. From first floor landing, door to: Bedroom 1 13’0” (3.96m) x 10’6” (3.20m) maximum.
Radiator. Built in wardrobe. UPVC double glazed window to rear aspect with fine outlook over neighbouring area, parts of Exeter and beyond.
From first floor landing, door to: Bedroom 2 13’0” (3.96m) maximum x 10’0” (3.05m). Radiator. Range of built in wardrobes.
UPVC double glazed window to rear aspect again with fine outlook over neighbouring area, parts of Exeter and beyond. From first floor landing, door to: Bedroom 3 13’0” (3.96m) x 8’8” (2.64m).
Radiator. UPVC double glazed window to rear aspect again with fine outlook over neighbouring area, parts of Exeter and beyond. Store room/office 6’2” (1.88m) x 6’0” (1.83m). Electric meter.
Electric consumer unit. Fitted shelving. Obscure lead effect uPVC double glazed window to front aspect.
From first floor landing, door to: Shower room Comprising good size double width shower tray with tiled wall surround, toughened glass shower screen and fitted mains shower unit.
Wash hand basin with modern style mixer tap. Tiled floor. Tiled wall surround. Inset LED spotlight to ceiling. Obscure lead effect uPVC double glazed window to front aspect.
From first floor landing, door to: Separate cloakroom Comprising low level WC. Wash hand basin. Obscure lead effect uPVC double glazed window to front aspect.
Outside To the rear of the property is a private: Single garage (left side garage) With up and over door providing vehicle access.
Whilst to the left of the garage is an area of garden well stocked with a variety of maturing shrubs, plants and bushes. Timber shed.
Tenure Freehold Material information Construction Type: Brick and timber Mains: - Water, drainage, electric, gas Heating: Gas central heating Mobile: Indoors – Current data from Ofcom website: Mobile: Outdoors – Current data from Ofcom website: Broadband: Current data from Ofcom website: Flood Risk: Current data can be found on the website: Mining: No risk from mining Council Tax: Band C (Exeter) directions From Samuels Estate Agents’ Longbrook Street office continue down the road, at the roundabout proceed straight ahead up into Pennsylvania Road.
At the traffic light junction again proceed straight ahead and the property in question will be found on the right hand side. Viewing Strictly by appointment with the Vendors Agents.
Agents note The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more checks into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
Title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
Agents note money laundering policy Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
EPC rating: D (66)
Value & comps
No previous sales on record.
Returns
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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.
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About 128b, Pennsylvania Road, Exeter
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