1-bedroom flat · EX20 1LJ
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom first-floor flat ideally situated in the heart of the town centre, offering convenient access to local shops and excellent transport links.
The property features a bright living room, kitchen, a modern bathroom, and a comfortable double bedroom.
Additional benefits include one designated parking space, providing secure and practical town-centre living. A new 999 year lease will be granted upon completion.
Material Information/Utilites Water - Mains connection Drains - Mains Electric - Mains Heating - Electric Storage Heaters Broadband - Ultrafast, Superfast and Standard available Mobile - EE, O2, Vodafone and Three all available (ofcom) Council Tax Band - A Lease Details- A new 999 year lease will be granted upon completion Service Charge- £650 per annum Entrance A Upvc double glazed front door opens to Stairway & Landing With fitted carpet and airing cupboard.
Kitchen 0.0762m x 0.0508m - 0'3” x 0'2” A modern fitted kitchen comprising of floor and wall units, inset stainless steel bowl sink, electric slot under oven, four ring electric hob with extractor over and vinyl floor covering.
Living Room 0.116332m x 0.087376m - 0'5” x 0'3” With fitted carpet, night storage heater, T.V point and telephone point. Bedroom One 0.1016m x 0.0762m - 0'4” x 0'3” With fitted carpet.
Bathroom A matching white suite comprising of a paneled bath with electric shower over, close coupled w/c, pedestal wash basin, electric fan heater, extractor fan, vinyl floor covering and electric shavers point.
Consumer Protection From Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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 5B, Jacobs Pool, Okehampton
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