2-bedroom flat · EX1 3WD
Listing removedReduced £10k (−6.3%) on 27 AugListed 232 days
Opportunity summary
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About
Description Guide price £160,000-£170,000 / no onward chain Old Park Avenue is located in the highly popular and extremely convenient location of West Clyst, offering easy access to all major road networks, excellent local transport links and plenty of amenities close by.
This top floor apartment is being sold with no onward chain and is ready for immediate occupation.
Internally, the apartment is neutrally decorated throughout and boasts a wonderful amount of natural light.
With a well presented, modern fitted kitchen, generous living/dining room and two double bedrooms, master benefitting from stylish en-suite shower room.
There is a further contemporary family bathroom and ample storage. Outside, the property offers one allocated parking space.
*Agency Notes* Please note that the property has been virtually staged using ai.
Council Tax Band: B Tenure: Leasehold (142 years) Ground Rent: £236 per year Service Charge: £1,300 per year Green Square Estates Entrance Hall Carpeted hallway with radiator and storage cupboard Kitchen Rear double glazed window, wood effect flooring, radiator, range of modern wall and base units, integrated oven with gas hob and extractor, inset stainless steel sink with drainer, space and plumbing for washing machine, space for freestanding fridge freezer Lounge/Diner Front double glazed window, radiator, carpeted Bedroom 1 Front double glazed window, radiator, carpeted, fitted wardrobes, door to en-suite En-Suite Side double glazed window, heated towel rail, shower cubicle with modern tile surround, low level WC, wash hand basin Bedroom 2 Rear double glazed window, radiator, carpeted Outside The property benefits from one allocated parking space directly next to the bike store to the rear of the property Agency Notes Please note photos have been virtually staged
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 19 Old Park Avenue, Exeter
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