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See how verdicts work1-bedroom flat · EX1 1GL
For saleReduced £20k (−7.5%) on 21 JunListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City centre living with secure garage parking! This superb first-floor one-bedroom apartment is situated within the prestigious Princesshay development, right in the heart of the city.
Ideally located, it offers easy access to a wide range of shops, cafés, restaurants and excellent public transport links, together with stunning views of the Cathedral.
The apartment has been finished to a very high standard throughout comprising:- Open Plan Sitting/Dining Room/Kitchen, Double Bedroom With Views Of The Cathedral, Bathroom.
Garaged Parking Space Long Lease - 170 Years No Chain location Cannon House is situated in the heart Exeter in Princesshay, a fashionable and vibrant development.
It is close to the Cathedral and is ideally placed for a wide range of quality retailers and restaurants.
The nearby quayside provides some lovely riverside walks, with St Davids train station providing a direct rail link to London Paddington.
Communal Entrance Door to:- communual hallway Stairs and lift to first floor. Entrance hall Part glazed front door to attractive entrance hallway with quality wood effect flooring. Entry phone.
Door to spacious storage cupboard housing the central heating boiler.
Doors leading off to:- open plan sitting/dining room/kitchen sitting/dining room area 20'10 x 12' 2'' (6.35m x 3.71m) A spacious and bright open plan room. Quality wood effect flooring.
Recessed halogen spot lighting. Sliding patio door to the balcony. Kitchen area Modern quality kitchen in white gloss finish with excellent range of base and wall units.
Marble worktop with matching splashback. Inset stainless steel sink with drainer. Integrated Neff electric oven and halogen hob with stainless steel cooker hood over.
Integrated appliances including:- fridge and freezer, washer/dryer and dishwasher. Quality wood effect flooring. Balcony 8' (2.44m) x 4' (1.22m) Timber decked flooring.
Double bedroom 12' 11" (3.94m) x 9' 8" (2.95m) Light and spacious double bedroom with large floor level window to rear aspect with stunning outlook towards the Cathedral. T.V. Point.
Fitted wardrobe with hanging rail and shelving. Bathroom 8' 2" (2.49m) x 6' 5" (1.96m) Modern white suite comprising:- low level W.C. Pedestal wash hand basin.
Bath in tiled surround with mixer shower over and glass shower door. Chrome runged radiator. Recessed halogen spotlighting. Extractor fan. Shaver socket. Fitted bathroom cabinet. Opaque glazed window.
Garaged parking space council tax band B leasehold - 170 years remaining service charge - £2587.19 per annum ground rent - Peppercorn directions The apartment building is located in the pedestrianised area of Bedford Street in the city centre.
For viewings parking is available in the nearby Southernhay area or the Princesshay car parks.
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.
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FAQ
About Flat 4, Canon House, 32 Bedford Street, Exeter
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