1-bedroom flat · EX5 7DR
Sold STCListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated within the popular and growing town of Cranbrook, this well-presented one double bedroom first floor flat offers bright and spacious accommodation, making it an ideal purchase for first-time buyers, downsizers or investors alike.
Benefitting from a generous lounge/dining room, modern bathroom and an allocated parking space, the property provides comfortable and convenient living within easy reach of local amenities and excellent transport links.
The accommodation comprises a welcoming entrance leading through to a bright and spacious lounge/dining room, offering plenty of room for both relaxing and entertaining.
French doors allow an abundance of natural light to fill the room, creating a light and airy atmosphere.
The property also benefits from a well-proportioned double bedroom and a modern family bathroom, providing everything needed for comfortable everyday living.
Externally, the property benefits from one allocated parking space, a particularly convenient addition.
Cranbrook is a thriving and increasingly popular town situated on the outskirts of Exeter, offering a fantastic balance of modern living, community facilities and excellent connectivity.
Designed with convenience in mind, the town benefits from a growing selection of local amenities, making it an attractive location for a wide range of buyers.
The property is particularly well-positioned for access to everyday essentials, with nearby facilities including a Co-op convenience store, pharmacy, Post Office, café, medical centre and community facilities.
Further amenities within Cranbrook include a Morrisons supermarket, The Cranberry Farm pub and restaurant, and a selection of independent shops and eateries.
For those who enjoy the outdoors, Cranbrook Country Park offers an abundance of green open space, walking routes and opportunities to enjoy the surrounding countryside.
The town also benefits from Cranbrook Education Campus and St Martin's Primary School.
Commuters are well catered for, with Cranbrook Railway Station providing regular connections into Exeter and further afield, whilst convenient access to the M5, A30 and Exeter Airport makes travelling throughout Devon and beyond straightforward.
Exeter city centre is also within easy reach, offering an extensive range of shopping, restaurants, leisure facilities and employment opportunities.
Combining practical accommodation with a convenient location and excellent local amenities, this appealing first floor flat presents a fantastic opportunity for buyers looking to step onto the property ladder, downsize or expand their investment portfolio.
** This property is subject to an estate management fee 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 (125 years) Ground Rent: £253.6 per year Service Charge: £120.46 per month Lease years - 125 years commencing on the 1st January 2012
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.
Area
Agent & docs
FAQ
About 55 Younghayes Road, Cranbrook
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