2-bedroom flat · EX14 1SU
Listing removedReduced £6k (−3.3%) on 29 JulListed 665 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern, well presented 2-bedroom flat ideally located at the end of a private cul-de-sac, just a short walk from the centre of town. Allocated parking space. Available with no onward chain.
The accommodation includes a good sized entrance hallway which leads into the lounge/dining room with double glazed patio doors looking out to the front.
An opening leads into a modern kitchen with a range of wall and floor units, a built in fridge freezer, a double oven with extractor above and washing machine.
There are two bedrooms, both with fitted wardrobes, the master bedroom has patio doors to the outside. A modern shower room with wash hand basin, wc and shower.
The property benefits from gas central heating and double glazing throughout.
Situated on the edge of Honiton’s main high street, the property is well positioned for access to the facilities in the historic town which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre.
Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/ London trunk route.
An international airport is available at Exeter. The property is approached by a path and is situated at the end of the cul-de-sac. There is one allocated parking space that comes with the property.
To the rear is an enclosed area, which is gravelled and paved for ease of maintenance.
Value & comps
No previous sales on record.
Returns
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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 10 Heritage Court,, Silver Street, Devon
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