2-bedroom flat · EX4 1EP
Listing removedListed 125 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Mid-September | Fully Renovated Throughout | Private Garden | Parking A stunning top floor apartment available from mid-September, currently undergoing a full renovation to a high standard throughout.
Once completed, the property will offer stylish and modern accommodation, perfect for professionals, couples or those seeking additional home office space.
The accommodation comprises a bright and spacious bay-fronted lounge, a newly fitted contemporary kitchen with modern units and integrated appliances, a generous double bedroom and a further versatile room which would make an ideal home office, dressing room or occasional guest bedroom.
A brand-new bathroom suite will complete the accommodation.
The renovation programme includes a brand-new kitchen, new bathroom, redecoration throughout, new flooring and general modernisation, creating a fresh and attractive home ready for occupation.
Situated in a convenient location with excellent access to local amenities, transport links and the city centre, this is a rare opportunity to secure a beautifully refurbished garden apartment with parking.
Early enquiries are strongly recommended. Available from mid-September.
Cgi Disclaimer: Please note that some of the images used within this marketing material are computer-generated images (CGIs) and are intended for illustrative purposes only.
They have been produced to demonstrate the anticipated standard, style and finish of the completed renovation.
Actual fixtures, fittings, layouts, finishes, colours and specifications may vary upon completion.
Prospective tenants should satisfy themselves as to the final specification through inspection of the property.
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.
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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 Flat 5, 62, Okehampton Road, Exeter
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