We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX1 3QQ
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered to the market with no onward chain, this first-floor apartment at Royston Court presents an excellent opportunity for a cash buyer looking for a renovation project or potential investment.
The property is in need of renovation and offers a well-proportioned layout comprising one bedroom, a living room, kitchen and bathroom, with the added benefit of residents' parking and access to a shared green area.
With the opportunity to modernise and add your own stamp, this could make an appealing project for an investor or buyer seeking a property with scope for improvement.
Please note, the property is being sold to cash buyers only. The location is particularly convenient, with a variety of shops and everyday amenities within easy reach.
Sainsbury's, Aldi and Lidl supermarkets are all accessible, alongside a selection of independent convenience stores and local facilities along Whipton Village Road.
For a wider choice of shopping, dining and leisure opportunities, Exeter city centre is just a short drive or bus journey away, where you will find Princesshay Shopping Centre, a range of high street brands, cafés, restaurants and Exeter's wider city-centre amenities.
The area is also well served by local schooling, with Whipton Barton Infant and Nursery School, Whipton Barton Junior School and St James School all within easy reach, while Stoke Hill Infant and Junior Schools are also conveniently located.
Regular bus services provide access to Exeter city centre, the Royal Devon and Exeter Hospital and the University of Exeter, making the property well suited to those requiring convenient access to key local destinations.
For commuters, both Polsloe Bridge and Pinhoe railway stations are nearby, providing connections into Exeter and onward mainline services towards London and destinations throughout the South West.
The M5 motorway and A30 are also readily accessible, further enhancing the property's appeal for those travelling by road.
Overall, this property offers an opportunity to acquire a one-bedroom apartment with no onward chain, residents' parking and genuine scope for renovation, in a convenient Exeter location.
The properties appeal is for cash investors, developers or buyers looking for a project, subject to the necessary works and any relevant permissions.
By law, we are required to conduct anti-money laundering checks on all potential buyers and we take this responsibility very seriously.
If your offer to purchase a property is accepted (subject to contract), you will need to satisfy the requirements set out in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To comply with these obligations, we work with an independent third-party provider, Coadjute, to complete id verification, aml checks, and source of funds checks.
A non-refundable fee of £27 plus VAT (per person) applies for these checks and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
As a regulated Sales Agent, we are required to be part of an approved redress scheme.
We are members of The Property Ombudsman, which is a government-approved scheme providing independent dispute resolution. From time to time, we may introduce buyers or sellers to The Mortgage Quarter.
Use of their services is entirely optional. If you choose to proceed with them, please be aware that we may receive an average referral payment of £200 for the introduction.
Stamp Duty Land Tax (sdlt) may be payable on your purchase.
We advise speaking with your solicitor or legal representative to confirm what, if any, amount is due based on the latest government guidelines.
Council Tax Band: A Tenure: Leasehold (88 years) Ground Rent: £10 per year Service Charge: £220 per quarter Service Charge £220 approx per quarter 88 years left. 125 years from 27 Nov 1989
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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FAQ
About Flat 1a, Royston Court, Exeter
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