2-bedroom flat · EX5 7EZ
Listing removedListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Check out this purpose built, First Floor Apartment in Cranbrook.
This property is beautifully presented throughout with an open plan living room/dining Room with french doors opening onto a Juliet balcony, a modern kitchen, two double bedrooms and bathroom as well as two allocated Off-Road Parking Spaces and outside storage.
Ideal first home or buy to let. Check out this first floor Apartment, located in Cranbrook, just a short distance away from the local shops, bus stop and railway station and the local Country Park.
An ideal First Time Home or Buy to Let rental Investment. Step inside the Entrance Hallway, where a built-in storage cupboard offers ample space for shoes and coats.
To the right, the modern Bathroom features a stylish tiled bath with a shower over, a wash basin, WC, and a heated towel rail for added comfort.
There is two well-proportioned double bedrooms, both boasting built-in wardrobes and large windows, filling the space with natural light.
The spacious open-plan Sitting Room/Dining Room is bathed in natural light, thanks to French doors that open onto a Juliet Balcony.
A doorway leads to the Kitchen, subtly separating the space while maintaining an open feel.
The Kitchen is well-equipped with vinyl flooring, ample cupboards and work surfaces, an electric oven, a ceramic hob with an extractor, fridge/freezer, washing machine and dishwasher.
Outside, the property offers the convenience of two allocated off-road parking spaces and communal bike storage.
The property benefits from the option of being 'sold as seen' (including beds, freestanding storage, furniture, appliances. It may not include other electricals such as the television).
To be discussed upon any potential offer receipt.
Tenure - Leasehold (117 years remaining as of 2025) Current Service Charge £1,830.69 per year (subject to possible change) Current Ground Rent is £250.00 per year.
This is set for a 10-year period from 1st January 2017. It is reviewed and increased by the Retail Price Index as calculated by hmrc, at the end of each 10-year period. Council Tax Band B
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
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 advisors 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 11, Shareford Way, Exeter
Explore nearby