2-bedroom flat · EX2 4DD
Listing removedListed 123 days
Opportunity summary
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About
Occupying an enviable riverside position within the iconic Trews Weir Mill , this beautifully presented large two-bedroom apartment forms part of a striking Grade II Listed mill conversion, seamlessly blending rich period character with modern comfort in one of Exeter’s most sought-after waterside settings.
Enjoying uninterrupted southerly views across the River Exe and historic Trews Weir , the property offers a rare opportunity to embrace peaceful riverside living whilst remaining just a short stroll from Exeter’s vibrant Quayside and city centre.
Flooded with natural light throughout, the apartment has been thoughtfully designed to maximise both space and its exceptional outlook, with three large original mill windows overlooking the river and Trews Weir, allowing the picturesque waterside setting to be enjoyed from almost every room.
At the heart of the home is the impressive living/dining room, extending to approximately 20 feet in length and framed by two magnificent original mill windows that perfectly capture the uninterrupted river views.
Rich in warmth and character, this inviting space is enhanced by exposed beams, original features, and a charming wood-burning stove, creating an ideal environment for both relaxing and entertaining.
The adjoining kitchen has been designed with both practicality and style in mind, offering ample worktop space, fitted cabinetry, integrated appliances, and an open-plan connection to the main reception room, creating a sociable and functional space for everyday living.
The kitchen also enjoys beautiful views across the river and weir, further elevating its appeal.
Both bedrooms are generously proportioned doubles, each offering built-in storage and flexible accommodation for a range of lifestyles, whether for professional sharers, visiting guests, or those seeking a dedicated home office.
The front bedroom benefits from particularly attractive views across the river and weir, while the bathroom is well-appointed with contemporary fittings, combining style and practicality to complement the rest of the home.
Externally, the property benefits from attractive communal gardens and private gated access directly onto the riverside path, ideal for morning walks, cycling, or simply enjoying the tranquil surroundings.
A private car park provides an allocated parking space together with ample visitor parking, while an enclosed, separate locked outbuilding offers secure bike storage allocated to each flat.
Further enhancing the property’s appeal is superfast fibre broadband connected directly to the door of F11, delivering the highest possible speeds for home working, streaming, and modern connectivity.
Combining serenity, convenience, and exceptional riverside views, this unique home offers an outstanding lifestyle opportunity in the heart of Exeter .
EPC Rating: C Lounge 4.39m x 6.82m A superb dual-purpose reception space with impressive original mill windows overlooking the river Exe and Trews Weir, creating a bright and airy room ideal for both relaxing and entertaining.
Kitchen 1.56m x 4.71m Well-appointed and positioned just off the main living space, offering a practical layout with ample worktop space, fitted units, and integrated appliances, with river and weir views.
Bedroom 1 3.21m x 5.24m A spacious principal double bedroom with plenty of room for wardrobes and additional furnishings, enjoying a peaceful outlook.
Bedroom 2 2.68m x 4.3m Another generous double room, ideal as a guest bedroom, home office, or dressing room, offering versatility for modern living and stunning views over the river and Trews Weir Bathroom A well-appointed recently refurbished bathroom fitted with a bath and shower over, wash basin, and WC, designed to offer a practical and comfortable space for everyday use.
Communal Garden Delightful south-facing front garden with direct views over the weir and river. The perfect spot to relax, enjoy drinks, and host BBQs on sunny days.
Parking - Allocated parking Private car park with allocated parking space and ample visitors parking, enclosed separate locked outbuilding for bike storage allocated per flat.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Old Mill Close, Trews Weir Mill Old Mill Close, EX2
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