1-bedroom flat · EX4 3AD
Let agreedListed 94 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom over 60s retirement apartment situated on the first floor of this popular development, with south westerly views over the surrounding area.
The accommodation comprises a bedroom with fitted wardrobe, a living room, kitchen with fitted units and space for a freestanding cooker and fridge.
The bathroom has a white suite with a shower enclosure. * Please note: These images have been virtually furnished is for illustrative purposes only and may not be representative.
Furniture and electrical appliances/personal effects will be removed prior to a tenancy commencing, and will not form part of the tenancy.
Just a stone's throw a from the heart of Exeter, Homecourt House is a purpose built retirement development offering the safety of 24 hour careline system and onsite manager with the freedom of independent living.
The communal lounge offers an ideal place to socialise with other residents, or enjoy the well maintained courtyard gardens, plus there is a lift, laundry facilities and guest suite for visiting family and friends.
All the shops and restaurants of Exeter are on your doorstep to enjoy.
The River Exe, canal and Quayside are just a short walk away, there is also a network of waterside pathways to enable both cyclists and walkers to enjoy the natural habitat.
Lounge (5.51m x 3.81m) Lounge
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 25, Homecourt House, Bartholomew Street West, Exeter
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