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See how verdicts work3-bedroom flat · EX2 6EH
Listing removedListed 398 days
Opportunity summary
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About
GUIDE PRICE £300,000 - £325,000 This contemporary duplex apartment spans the top two floors of Artillery Court, offering approximately 178 SQM of light-filled accommodation.
A spacious entrance hallway leads to the open-plan kitchen/dining room, perfect for entertaining and socialising, with far-reaching views. The generous living room also features a Juliette balcony.
Both main living areas face the rear of the home, providing peace and quiet, with views over the communal gardens and rolling Devon hills.
On this floor, there is also a second bedroom and a bathroom, allowing for single-floor living if desired, offering a versatile layout.
Upstairs, the master bedroom boasts an en-suite shower room, while the third bedroom, also a double, could alternatively be used as a home office.
The property benefits from gas central heating, double glazing, and additional visitor parking.
Artillery Court is a modern, exclusive gated development with secure parking, ideally located in the sought-after St Leonards area, close to the Royal Devon & Exeter Hospital, the city centre, and Exeter's quayside.
Its proximity to the hospital makes it an ideal purchase for professionals, while the generous size and flexible layout also make it well-suited to families and multi-generational living.
Council Tax Band: E Tenure: Leasehold (975 years) Service Charge: £2,300 per year "On the date of instruction, we have been made aware that the service charge is £2,300 per annum (including buildings insurance), with a peppercorn ground rent payable each year." Entrance hall A wooden fire door opens into a spacious hallway with laminated flooring, radiators, and access to all rooms.
There is also a storage cupboard housing the security alarm system, along with lift and stair access to the upper floors.
Kitchen A fully fitted Hatt-designed kitchen with a range of wall and base units complemented by roll-edge work surfaces.
It features a one and a half bowl stainless steel sink with mixer tap and waste disposal unit, integral appliances including dishwasher, washer/dryer, fridge freezer, and microwave, plus a freestanding gas cooker.
Finished with laminated flooring, ceiling spotlights, and a uPVC double glazed window overlooking the development.
Dining Room A bright and airy room with uPVC double glazed French doors opening to a Juliet balcony. The room features laminated flooring, a radiator, and coving to the ceiling.
Lounge A spacious reception room with uPVC double glazed French doors opening onto a Juliet balcony.
A central feature fireplace houses a coal-effect gas fire with marble-effect surround, hearth, and wooden mantle.
The room also offers a TV aerial connection, two double panelled radiators, laminated flooring, and coving to the ceiling.
Family Bathroom Fitted with a white suite comprising panelled bath with chrome mixer tap attachment, pedestal wash hand basin with chrome taps, and low-level WC.
Finished with tiled flooring and splashbacks, plus a radiator.
Landing The stairs rise to the top floor landing, where there is a double glazed Velux window, laminated wooden flooring, a radiator, and a generous walk-in storage cupboard with lighting.
A fire exit door provides access to a further communal area.
Bedroom 1 A large L-shaped room with a feature uPVC double glazed window to the rear aspect, double panelled radiator, and coving to the ceiling.
En-suite Accessed from the master bedroom, this en suite includes a shower cubicle with power shower and glass surround, pedestal wash basin, and low-level WC.
The floor and splashback areas are tiled, and there is a shaver point, bathroom cabinet, and radiator.
Bedroom 2 A lovely light-filled room at the front of the building, with two uPVC double glazed windows, two double panelled radiators, and coving to the ceiling.
Bedroom 3 A charming room with a sloping ceiling to one side, a double glazed Velux window, and a double panelled radiator.
Parking The apartment benefits from one allocated parking space.
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.
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