We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX4 1EP
Listing removedReduced £9.9k (−6.6%) on 25 JulListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming one bedroom ground floor apartment with a self-contained entrance, private garden and an allocated parking space offered to the market with no onward chain.
Situated on Okehampton Road, this property offers excellent access to Exeter's City Centre and Historic Quayside. Riverside walks, cycle paths and a local convenience store are also located close by.
The property is accessed via a gated, private garden laid predominantly to decorative stone chippings. A lockable store can be used for bin storage if desired.
The accommodation comprises in brief entrance porch, open plan living area with fitted kitchen, bathroom, generous storage cupboard and a double bedroom.
French doors from the bedroom open out onto a private section of garden which is currently occupied by a large storage shed.
A paved path provides access to the communal carpark where the property is allocated one parking pace. This carpark is accessed from John Levers Way via secure double gates.
Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing. Leasehold Information Length of Lease: 999 years from 1st January 2007.
Residents own the management company. A share of the freehold is owned by the property.
Annual Service Charge: £644 Annual Ground Rent: £0 Service Charge Review Period: Every 6 months Material Information Construction notes: Brick Heating: Electric - Night Storage Heaters Utilities: Connected to mains Electric, Water & Drainage Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
360 Virtual Tour A 360 degree Virtual Tour is available to view on our web site. Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Lettings Potential Naomi J Ryan Lettings Department have put an estimated rental value on this property of £850 per calendar month, providing a gross rental yield of 6.2%.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.
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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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 advisers 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 84, Okehampton Road, Exeter
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