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See how verdicts work2-bedroom flat · EX14 1FL
Listing removedReduced £10k (−5.6%) on 24 JulListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £180,000 - £190,000. This stunning first-floor flat offers spacious, light-filled accommodation and has been carefully refurbished to a high standard throughout.
As the larger of the two flats, it provides ample living space with a contemporary open-plan design that includes a stylish living room, dining area, and a fully fitted kitchen.
The kitchen is the heart of the flat, with new, top-of-the-line appliances, including a built-in oven, hob, and extractor fan, as well as an L-shaped breakfast bar that creates a welcoming space for casual dining or entertaining.
Both bedrooms are generously sized, offering plenty of space for wardrobes and furniture.
The family bathroom has been tastefully updated with new fixtures and fittings, providing a sleek, modern space. One of the highlights of this flat is the abundance of natural light.
The first floor benefits from beautiful roof lights that flood the living areas with sunshine throughout the day.
The Juliette balcony to the front of the flat offers a lovely view and adds an extra touch of character to the space, making this a particularly attractive and bright home.
The flat is also highly energy efficient, featuring an air source heat pump for heating, which will help reduce energy costs.
A bin shed is conveniently located near the parking area for added convenience.
This flat would suit anyone looking for a spacious, modern home with a little extra character and light, perfect for professionals or small families.
The layout and quality of the refurbishment ensure a high standard of living and comfort. Location: The location of this property is unbeatable.
Honiton’s lively High Street is within walking distance, offering a range of local amenities, including shops, cafes, restaurants, and pubs.
The town is known for its excellent community atmosphere, as well as its diverse range of independent businesses and the famous Honiton antiques market.
Honiton's mainline train station, also just a short stroll away, connects you to Exeter, a major regional hub with excellent shopping, leisure, and cultural opportunities.
From there, you can easily access national rail services to London and beyond.
The town is also well-connected by road, with the A30 and A303 providing quick routes to other parts of Devon and the South West.
This is the perfect spot for anyone who enjoys a peaceful residential setting, yet still wants the convenience of being close to the amenities and transport links of a thriving market town.
Whether you're commuting to Exeter or simply looking for a charming place to call home, this flat offers the ideal location for modern living.
To ensure smooth ongoing management, a clear and comprehensive service charge arrangement will be in place. This will cover all shared costs, with each property contributing 50% of any joint expenses
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
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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.
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FAQ
About Plot 2 Barnfield Court,, Kerslakes Court, Devon
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