2-bedroom flat · EX4 9EZ
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bed unfurnished ground floor flat with a large garden to the front and side located in the popular area of Pinhoe.
The property is a short walk from the heart of Pinhoe and within walking distance of the train station, it benefits from having easy access to the major roads out of the City. EPC Rating D.
Available Now Communal Area Communal front door leading to communal area. Leading to the flat Hallway 5' 9'' x 22' 2'' (1.76m x 6.76m) Partly Glazed wooden front door.
Bedroom One 15' 5'' x 11' 11'' (4.71m x 3.62m) Large double glazed window to rear elevation. Radiator. Ceiling light. Ample power points. Light switch.
Bedroom Two 18' 9'' x 9' 5'' (5.71m x 2.87m) Double glazed window to front elevation with glass staining to the top of the window. Curtain pole and curtains over.
Two built in wardrobes with hanging rails and curtains. Wood flooring. Radiator. Ceiling light.
Door leading to: Ensuite Shower Room 5' 9'' x 6' 7'' (1.75m x 2.01m) Large double shower cubicle with electric shower. Heated towel rail. Vinyl floor covering.
Low level WC and Pedestal wash hand basin with storage both in white with chrome furniture. Mirror over. Extractor fan.
Lighting Living Room 21' 11'' x 26' 4'' (6.68m x 8.02m) Large bay window to front elevation with curtains.. Seating area below the window. Three ceiling lights. Radiator.
Ornamental Victorian Fireplace. Ample power points. Double glazed door leading out to the garden. Kitchen 11' 7'' x 9' 11'' (3.53m x 3.01m) Ceiling light.
Good range of wall and base units with wood effect worktops over. Electric cooker with chrome extractor over. Fridge. Freezer. Dishwasher. Stainless steel sink with drainer and mixer taps.
Power points. Radiator. Pantry area housing the Worcester Bosch boiler leading out to: Conservatory Storage area. Washing machine Bathroom 9' 10'' x 8' 8'' (3m x 2.65m) Window to side elevation.
Vinyl floor covering. Low level WC, Pedestal wash hand basin and Bath all in white with chrome furniture. Corner shower cubicle with Mira Sports shower. Extractor fan. Radiator.
Outside To the front and side of the flat there is a good size garden, mainly laid to paving with shrub borders.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 2 Overland Court, Broadparks Close, Exeter
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