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See how verdicts work2-bedroom flat · EX8 3AZ
For saleReduced £5k (−2.9%) on 24 OctListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the Ground Floor of this purpose built block of flats is this well presented, 2 bedroom apartment that is within walking distance of local schools, bus service and Withycombe Village amenities.
The property benefits from having its own area of garden.
The accommodation has electric heating and double glazing and comprises an entrance hall, lounge, dining room, kitchen with oven on hob, 2 bedrooms and a shower room/WC.
Accommodation Ground Floor Communal entrance leading to a communal hallway with private entrance door to: Hallway Built-in airing cupboard and storage cupboard.
Doors to: Lounge/Dining Room - 18'10" (5.74m) x 9'11" (3.02m) Double glazed window to the front overlooking a green area. 2 electric heaters. TV aerial point. Telephone point.
Kitchen - 12'10" (3.91m) x 7'1" (2.16m) Double glazed window to the front. Base cupboard and drawer units with wall mounted units over. Roll edge work top surfaces. Tiled splash backs.
Inset one and a half bowl sink unit. Integrated electric oven. Inset 4 ring electric hob. Plumbing for washing machine. Space for fridge/freezer. Electric heater.
Bedroom 1 - 14'5" (4.39m) x 9'2" (2.79m) Double glazed sliding patio doors to the rear opening onto the communal gardens. Built-in mirror fronted wardrobe. Electric heater.
Bedroom 2 - 11'0" (3.35m) x 7'10" (2.39m) Double glazed window to the rear. Built-in mirror fronted wardrobe. Shower Room/WC White suite comprising shower tray with Mira electric shower over.
Tiled splash back. Wash hand basin with cupboard below. Close-coupled WC. Heated towel rail. Externally Brooklyn Park stands in mature communal grounds with extensive areas of lawn.
Flat 5 has an area of private garden immediately in front of the property which offers a sitting area and attractive flower and shrub borders.
Parking There is a parking area with limited space on a first come first served basis. Tenure The property is leasehold.
We understand that the Freeholders are East Devon District Council and the current service charge is approximately £300 per annum. Services All mains services except gas are connected.
Council Tax band B Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Notes Please note, these are draft particulars and are awaiting vendors verification.
Directions From our prominent Town Centre office, proceed down Rolle Street, turning right at the roundabout into The Parade.
Continue into Exeter Road and take a right hand turning into Withycombe Road, just past The Park Hotel and continue until the roundabout.
Turn left at the roundabout and then right at the next mini roundabout into Withycombe Village Road. Continue along the road turning right, opposite Jewsons, clearly identified by our For Sale sign.
What3words /// pushed.layers.first Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 5, Brooklyn Park, Exmouth
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