2-bedroom flat · EX4 6DH
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Two-Bedroom Ground Floor Retirement Flat in Exeter City Centre Ideally situated in the heart of Exeter City Centre, this well-appointed ground-floor retirement flat offers a perfect blend of comfort, convenience, and security.
Designed for those seeking a relaxed and well-connected lifestyle, the property features French doors opening onto the beautifully maintained communal gardens, providing a tranquil outdoor space to enjoy.
With secure access measures ensuring peace of mind and no onward chain, this flat is ready for immediate occupancy—an enticing opportunity for those looking to settle into a welcoming retirement community.
Don't miss out on this fantastic home—contact us today to arrange a viewing!
Prime Location In Exeter City Centre - This spacious and well-presented ground-floor retirement flat is ideally located in the heart of Exeter City Centre, offering both comfort and convenience.
Designed for those seeking a relaxed and well-connected lifestyle, this property provides a perfect balance of independence and community living.
The flat features two generously sized double bedrooms, creating a peaceful retreat, and a spacious living room filled with natural light.
French doors open onto the beautifully maintained communal gardens, offering a wonderful outdoor space to enjoy.
Additionally, there is a versatile office/study, ideal for hobbies, reading, or relaxation.
The well-equipped kitchen offers ample storage and workspace, making meal preparation both practical and enjoyable.
A modern bathroom and thoughtfully designed layout ensure a comfortable living experience.
With secure access measures providing peace of mind and no onward chain, this home is ready for immediate occupancy.
Located just a short walk from local shops, cafes, and transport links, this is a rare opportunity to embrace a tranquil yet convenient retirement lifestyle. ?? Contact us today to arrange a viewing!
Lease Details - There is 64 years left on the lease, the ground rent is £222 a year and the service charge is £3275 a year.
Agents Notes - These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value.
Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken.
Areas, measurements and distances given are approximate only.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
VAT: the vat position relating to the property may change without notice.
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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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 Kingsgate, Pennsylvania Road, Exeter
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