2-bedroom flat · EX1 3NA
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this two bedroom ground floor apartment situated in a popular location.
The property benefits from two double bedrooms, lounge, kitchen, wetroom and a large enclosed rear private rear garden.
Situated within walking distance to local amenities, including supermarkets, schools and restaurants. The apartment would benefit from some updating through out and viewing is highly reccommended.
Description A fantastic opportunity to purchase this two bedroom ground floor apartment situated in a popular location.
The property benefits from two double bedrooms, lounge, kitchen, wetroom and a large enclosed rear private rear garden.
Situated within walking distance to local amenities, including supermarkets, schools and restaurants. The apartment would benefit from some updating through out and viewing is highly recommended.
Entrance hall Accessed via a part frosted UPVC front door with a front aspect frosted UPVC double glazed window, doors to the lounge, kitchen, bedroom one, bedroom two, bathroom, storage cupboard, electric night storage heater and a storage recess.
Lounge 15' 11" x 11' 7" (4.867m x 3.555m) Front and rear aspect UPVC double glazed windows, gas fireplace with brick suround, television point.
Kitchen 9' 1" x 6' 10" (2.785m x 2.093m) Rear aspect UPVC double glazed window with a view over the rear garden, fitted range of eye and base level unit units with stainless steel sink, mixer tap and single drainer.
Roll edged work services, part tiled walls, gas cooker point, plumbing for washing machine, storage cupboard, airing cupboard with a foam dipped water tank and shelving.
UPVC part frosted door leads to the rear garden.
Bedroom one 12' 2" x 9' 6" (3.728m x 2.897m) Rear aspect UPVC double glazed window with a view over the rear garden, floor to ceiling wardrobes with hanging space and shelving, electric night storage heater, telephone point.
Bedroom two 11' 0" x 9' 6" (3.372m x 2.902m) Front aspect UPVC double glazed window, electric night storage heater.
Wetroom Rear aspect frosted UPVC double glazed window, walk-in shower, low level WC, wash hand basin, tiled walls extractor fan and wall mounted heater.
Garden Enclosed garden with seating area, further lawn area with mature shrubs and a large brick outbuilding. Access to the front of the property.
Lease information Lease Length 88 Years Service Charge £261.48 per annum Ground Rent tbc
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 62, Hillyfield Road, Devon, England
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