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See how verdicts work2-bedroom flat · EX1 2HJ
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with no chain is this beautifully presented two-bedroom ground floor apartment with its own separate access as well as through the main entrance for the building.
Tucked away in a quiet and secluded position within the heart of the City Centre the property is just a short walk from a wide range of shops, cafés, restaurants, local amenities, excellent public transport links, the University and the rd&E Hospital.
Offering a superb combination of convenience and lifestyle, this apartment would make an ideal first-time purchase, city residence or investment opportunity.
The accommodation is well maintained throughout and comprises a spacious and contemporary open-plan living area, providing ample space for both lounge and dining furniture.
The modern fitted kitchen is thoughtfully designed with a range of fitted units and work surfaces, creating a stylish and practical environment for everyday living.
A large bay window floods the room with natural light and enjoys attractive views over the beautifully maintained communal gardens.
There are two bedrooms, both offering comfortable accommodation, with the principal bedroom benefitting from dual aspect windows and built-in wardrobes.
A good size bathroom serves the property, while additional storage space throughout adds to the practicality of the home.
Further benefits include off-road parking, a locked garden shed for secure bike storage, double glazing, attractive communal grounds and a peaceful setting rarely found so close to the city centre.
With its excellent presentation, desirable location and spacious accommodation, this is a property that must be viewed to be fully appreciated.
There is approximately 178 years on the lease and you will also own a share of the freehold, so no ground rent to be paid. Service charge is approximately £180 per month.
For further information or to arrange a viewing, please contact the branch today on .
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 Grosvenor Place, Devon
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