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See how verdicts work1-bedroom flat · EX5 7BE
Listing removedListed 433 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous, modern ground floor maisonette with one bedroom, a shared garden and allocated parking in the town of Cranbrook with excellent road and rail links to the city of Exeter.
A path leads to the doorstep sheltered beneath a storm porch beside a front garden with a lawn, hardy shrubs and a small hedge.
Inside, the property is a good size, well-presented with neutral decor throughout and feels warm and welcoming with community central heating and double glazing.
The entrance hallway is carpeted and has a large store cupboard on one side, containing the heat exchanger for the community central heating and hot water system.
A light and airy, open plan kitchen/living room has plenty of light from French doors and windows to the rear garden.
The living area is carpeted and flows through a wide opening into the kitchen area, plenty of worktop space and a range of fitted base, drawer and wall units providing ample cupboard space.
Designed with practicality in mind, the kitchen includes space for an oven with ceramic hob, a sleek glass splashback and stainless-steel extractor hood.
Beneath the window is a stainless-steel one-and-a-half bowl sink with mixer tap, together with an integrated fridge/freezer and space for a washing machine.
The bedroom is a spacious double with plenty of light from a window to the front.
The bathroom has a durable wood-effect vinyl floor and part-tiled walls, containing a white suite comprising a bath with a shower and glass screen above, a hidden-cistern WC, a pedestal basin and a heated towel rail.
There is also a large cupboard providing plentiful additional storage space.
Outside, French doors open into the enclosed garden, shared with the upstairs apartment, which is low maintenance with a paved patio, an area of hardstanding and decorative gravel; ideal for airing the laundry or even for a summer barbecue with family and friends.
A gate to the side provides access to a rear parking area where there is one allocated space, and more parking is available on-road if required.
Service Charge (£PA) £1,540.14 - - subject to change Ground Rent (£PA) £191.29 - subject to change Tenure: Leasehold Council Tax Band A
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About Mayfield Way, Cranbrook, EX5 7BE
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