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See how verdicts work2-bedroom flat · EX20 4BS
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient location is this sizeble first floor apartment with fantastic views spanning for a number of miles. The property boasts 2 double bedrooms and 2 bathrooms.
Outside the apartment benefits from 2 allocated parking spaces. Available with no forward chain.
A private external staircase takes you up to a covered storm porch that opens into a useful inner porch perfect for shoes and coats.
A further door opens into a hallway with access to all the accommodation. The sitting/dining room has 2 windows that enjoy a far reaching views over rolling countryside.
A door way leads you into the kitchen where there are a range of eye and base level units together with integrated appliances. The 2 bedrooms are both double rooms each with useful built in wardrobes.
The main bedroom further benefits from an en suite shower room with a matching 3 piece suite. The family bathroom has a matching suite including a full length bath.
The side of the building is a car park for the building where you will 2 allocated parking spaces next to each other for the property.
We understand the new owner with become a 25% shareholder of the freehold.
Porch (1.67m x 1.06m (5'5" x 3'5" )) Entrance Hallway Living Room / Dining Room (5.71m max x 3.97m (18'8" max x 13'0" )) Kitchen (3.93m x 2.77m (12'10" x 9'1" )) Bedroom 1 (3.72m x 3.15m (12'2" x 10'4" )) En-Suite (2.26m x 1.12m (7'4" x 3'8" )) Bedroom 2 (3.62m x 3.16m (11'10" x 10'4" )) Bathroom (2.27m x 1.53m (7'5" x 5'0" )) Services Mains Council Tax Band Agents Note We understand that our client owns an equal share of the freehold management company.
The company granted 999 year leases in 2003 to each of the four flats.
We are been advised that each owner currently contributes £75 per month to a central fund for the maintenance, insurance and upkeep of the exterior of the property and communal areas.
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.
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