1-bedroom flat · EX5 7DR
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHECK OUT this second floor Apartment, located in Cranbrook, just a short distance away from the local shops, CO-OP/Post office, bus stop and railway station and the local Country Park.
An ideal First Time Home or Buy to Let rental Investment. The front door leads into the Hallway with a generous built in storage cupboard and plenty of space to store your shoes and coats.
A door on your left leads you into the modern Bathroom with a tiled bath with shower over, wash basin and WC.
The double Bedroom can be found on your right and benefits from a built-in wardrobe and a window overlooking the front.
The open plan Sitting Room/Dining Room is spacious with French doors that lead out to a Juliet Balcony allowing plenty of natural light into the room.
A door leading from the Sitting Room loosely separates the Kitchen which has plenty of cupboards and work surfaces, space for a fridge/freezer, washing machine and tumbler drier and an integrated electric oven, ceramic hob and an extractor fan.
Outside the property is an allocated off road parking space.
CHECK OUT this fantastic opportunity to obtain a lovely Apartment with easy access to Exeter city, the M5, A30 & Exeter Airport Tenure - Leasehold (111 years remaining as of 2025) Current Service Charge £126.33 per month (subject to possible change) Current Ground Rent is £253.60 per year.
This is set for a 10-year period from 1st January 2022. 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 A
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
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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 Younghayes Road, Cranbrook, EX5 7DR
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