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See how verdicts work1-bedroom flat · EX2 0AJ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership one bedroom apartment available to purchase from a 70% share from £126,000 with a minimum 5% mortgage deposit of £6,300. Call today to arrange your appointment to view.
A Stunning One-Bedroom Apartment in the Sought-After Village of Alphington Positioned within the highly desirable village of Alphington, this exceptional one-bedroom apartment offers contemporary living, beautifully presented interiors, and superb connectivity to Exeter and beyond.
Constructed approximately two years ago, the property remains in immaculate condition and has been thoughtfully designed with modern lifestyles in mind.
Finished to an excellent standard throughout, the apartment provides bright, stylish accommodation that is ready to move straight into.
At the heart of the home is a beautifully appointed open-plan kitchen, dining and living space, flooded with natural light and offering an inviting environment for both everyday living and entertaining guests.
The contemporary kitchen features modern cabinetry and quality fittings, seamlessly blending style with practicality.
The spacious double bedroom is generously proportioned and provides a peaceful retreat, while the sleek and sophisticated bathroom has been finished with high-quality fixtures and fittings, enhancing the home's luxurious feel.
Tastefully decorated throughout in neutral tones, the apartment presents a superb turnkey opportunity for first-time buyers, professionals, downsizers, or investors alike.
Further benefits include an allocated parking space, adding convenience to this already impressive home.
Ideally situated, residents enjoy easy access to an excellent range of local amenities, including shops, supermarkets, cafés and well-regarded schools.
The property is also perfectly placed for commuters, with excellent transport links to Exeter city centre, the A30, M5 motorway and Marsh Barton Railway Station.
Offering an outstanding combination of location, style and convenience, this superb apartment represents an exceptional opportunity to acquire a modern home in one of Exeter's most popular residential settings.
Full Market Value: £180,000 70% Share Price: £126,000 Rent on un-owned share £132.23 pcm Estimated estate charge £141.62 pcm The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 59, Holwill Close, Exeter
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