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See how verdicts work2-bedroom flat · EX7 9AA
For saleReduced £12k (−8.1%) on 25 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to market this, 2-bedroom ground floor apartment exclusively for over 55's.
Stonelands Mews is a popular retirement development that is conveniently located on level ground, just a short walk from the town centre.
The property briefly comprises of an entrance hall, 2 bedrooms, a good sized living room, modern fitted kitchen and recently fitted shower room.
The property further benefits from recently installed heating system, new consumer unit and has been recently decorated throughout.
This bright and airy property is accessed via beautiful, well-maintained communal gardens. Parking is available at the complex, but is used on a first-come, first-serve basis.
Viewings are highly recommended. Entrance Hall: The entrance hall is a good size with plenty of space for shoe and coat racks.
Two good sized storage cupboards, The recently upgraded fuse board for the property is found here.
Living Area: A bright and airy space, with upvc double glazed bay window, wall-mounted electric heater, there is plenty of space for furniture and the room has been recently decorated, coving, wall lights and carpeted flooring.
Kitchen: A range of wood effect wall and base units, stainless steel single bowl sink with mixer tap and drainer, roll top worktops, free standing cooker, extractor fan above, space for free standing washing machine, space for free standing fridge/freezer, wall mounted extractor fan, ceiling light point, walls tiled to splash prone areas and wood effect vinyl flooring.
Bedroom One: Double bedroom with upvc double glazed window, space for bedroom furniture, wall-mounted electric heater, ceiling light point and carpeted flooring.
Bedroom Two: Single bedroom with upvc double glazed window, space for bedroom furniture, wall-mounted electric heater, ceiling light point and carpeted flooring.
Bathroom: Recently installed modern fitted shower room with walk in double shower (electrically powered), concealed cistern WC, vanity sink with storage, vanity mirror, extractor fan, ceiling light point, aqua panelling to walls and wood effect vinyl flooring.
Service Charge: £130 per month (Includes: ground rent, buildings insurance, gardening, emergency alarm system and communal areas) Lease Length: 88 years remaining EPC Rating: D (Potential C) Council Tax: Band B Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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