We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX1 2FE
Sold STCListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERS IN REGION OF £140,000 A well-presented first-floor one-bedroom apartment located in the heart of Exeter city centre.
Accessed via a secure communal entrance with intercom and lift, the apartment has been modernised throughout and offers bright, contemporary living.
The open-plan kitchen/living area benefits from a south-facing Juliet balcony, providing excellent natural light.
The kitchen includes modern units with integrated oven, electric hob, plus space for a washing machine and fridge freezer, with room for both seating and dining.
The property also features a good-sized double bedroom and a fully tiled modern bathroom with walk-in shower.
Ideally positioned within walking distance of Exeter Central and St.James train station, the City's main bus station, shops, restaurants and all the city-centre amenities.
Council Tax Band: A Tenure: Leasehold (184 years) Ground Rent: £200 per year Service Charge: £1,600 per year FirstPort Communal Entrance Communal front door with telecom, stairs to first floor and left Entrance hall Apartment is located on first floor.
Entering the apartment, carpeted flooring, electric radiator, storage cupboard Kitchen/lounge Front double glazed doors onto Juliet balcony.
Kitchen has range of modern wall and base units with integrated oven and electric hob, integrated fridge freezer, space and plumbing for washing machine, inset stainless steel sink with drainer.
Living area and space for dining table, carpeted, radiator Bedroom 1 Rear double glazed window, radiator, carpeted Bathroom Low level WC, wash hand basin, panelled bath with shower over and modern tile surround, heated towel rail
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 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 Acland House, Exeter
Explore nearby
