1-bedroom flat · EX4 3AQ
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRS Living are delighted to present this 1-bed maisonette, walking distance of Exeter City Center and the Quay.
The property benefits from a double bedroom with inbuilt storage, bathroom and open plan kitchen living space.
The property is situated over two floors, with the bedroom and bathroom on the ground floor, with the kitchen living space in the lower ground floor.
The property has benefitted from new white painted walls throughout and has appliances included. Important to note there is no parking available with the property.
Let and managed by PRS Living, you will have a professional management company for the duration of your tenancy, ensuring your tenancy is in safe hands.
This property is offered with a traditional 5 week security deposit (payable on move in) or a deposit alternative, equivalent of 1 weeks worth of rent (inquire for details).
*Affordability - You need to be earning £26,250 per annum with no adverse credit history (CCJs/IVAs/Bankruptcy).
If you do not meet this criteria, then you will need to have a UK based guarantor who meets the requirements above and owns their own home.
Please note, any adverse credit history needs to have been settled, or on a payment plan which can be evidenced as being paid, even with a guarantor.
*Council Tax Band - A *Energy Performance Rating - C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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

FAQ
About New Bridge Street, Exeter, Devon
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