2-bedroom flat · EX2 7RX
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 31 - The Sycamore, Newcourt Edge Discover contemporary living with The Sycamore, a beautifully designed two-bedroom Second-floor apartment at Newcourt Edge.
Thoughtfully laid out to maximise space and comfort, this stylish home is ideal for first-time buyers, young professionals, and those looking to downsize.
The welcoming entrance hallway provides useful built-in storage and leads to a well-proportioned single bedroom, a modern family bathroom, and a spacious double bedroom complete with a private en-suite shower room.
At the heart of the home is the impressive open-plan kitchen, living and dining area, creating a versatile space for everyday living and entertaining.
French doors open onto a private balcony, offering the perfect spot to enjoy a morning coffee or unwind at the end of the day. This home is available to purchase via the Shared Ownership scheme.
The full market value of this property is 247,500. £61,875 represents a 25% share, Before committing to buy a Shared Ownership property, we recommend you take independent legal and financial advice.
Shared Ownership Information This home is available to purchase through the Shared Ownership scheme, offering an affordable way to buy your own home with a smaller deposit.
Buyers purchase a share of the property and pay rent on the remaining share, with the option to increase ownership over time.
Before committing to buy a Shared Ownership property, we recommend that you take independent legal and financial advice.
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 advisors 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 Newcourt Edge, Exeter, EX2 7RX
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