2-bedroom flat · EX2 4AP
Listing removedListed 276 days
Opportunity summary
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About
A well-presented two bedroom top floor apartment enjoying attractive views over the quay, situated within the popular and well-maintained Clipper Quay development.
The accommodation is light and spacious throughout and comprises a large sitting/dining room, ideal for both relaxing and entertaining, with a pleasant outlook across the water.
The modern fitted kitchen is well equipped with a range of units and benefits from integrated appliances, including a dishwasher, washer/dryer, oven and microwave.
There is also space for a tall fridge freezer and a breakfast bar. The property offers two bedrooms, with the main bedroom featuring an en-suite bathroom fitted with a bath and overhead shower.
Bedroom two benefits from fitted wardrobes and built-in units, providing excellent storage.
A separate shower room serves the remainder of the apartment, making the layout ideal for sharers, guests or home working.
Further benefits include allocated gated parking, a communal lift providing access to all floors, and secure communal areas.
An excellent opportunity for owner-occupiers or investors alike, and early viewing is highly recommended to appreciate the location, views and overall accommodation on offer.
COUNTIL TAX: Band D SERVICES: Mains Electric, Water & Drainage HEATING: Gas Central Heating BROADBAND: Full Fibre Broadband.
Checked on Openreach January 26 MOBILE: Signal Dependant on Provider LISTED: No TENURE: Leasehold. Term 125 Years from 24 June 1990.
SERVICE CHARGE: £1,913.09 for the period 1 Jan 2026 - 31 Dec 2026 RESERVE FUND: £832.20 for the period 1 Jan 2026- 31 Dec 2026 GROUND RENT: £100 rising to £200 Clipper Quay is ideally positioned along Exeter’s sought-after quay, offering immediate access to scenic riverside walks, cycle paths and a range of popular cafés, restaurants and leisure facilities.
Exeter city centre is within easy reach, providing a comprehensive selection of shopping, dining and cultural amenities, while excellent transport links are available via nearby road networks and public transport, including Exeter St David’s and Central stations.
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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 The Quay, Exeter, Devon, EX2
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