1-bedroom flat · EX2 4FA
Let agreedListed 188 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview This spectacular 1 bedroom apartment in Exeter, Devon is part of the Orchid Place development from the award-winning McCarthy & Stone.
A private retirement apartment, Apartment 23 is located on the first floor, is low-maintenance and contains extra safety features.
See the exclusive benefits and highlights this property has to offer in the development information.
Summary This spectacular 1 bedroom apartment in Exeter, Devon is part of the Orchid Place development from the award-winning McCarthy & Stone.
A private retirement apartment, Apartment 23 is located on the first floor, is low-maintenance and contains extra safety features.
See the exclusive benefits and highlights this property has to offer in the development information.
Council Tax Council tax band: New build - Council Tax band to be determined Reservation Deposit Reservation deposit: £500.00 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security Deposit Security deposit: £2359.62 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent) Living Room (6.61m x 3.58m) Living room Kitchen (2.4m x 2.2m) Kitchen Shower Room (2.05m x 2.20m) Shower Room Bedroom (4.36m x 2.79m) Bedroom
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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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 23, Exeter
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