2-bedroom flat · EX4 1HE
Sold STCListed 502 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to market this 2 bedroom, ground floor apartment in St Thomas, Exeter with single garage.
This spacious apartment benefits from a good sized living room, fitted kitchen, 2 double bedrooms and a bathroom.
This property is ideally situated for all local amenities, fantastic bus routes and Exeter, St Thomas Railway station is just a short walk away.
This property would make an ideal first time buyers home or investment property.
Living Room : A good sized living room with UPVC double glazed window to front, night storage heater and a large storage cupboard and wood effect laminate flooring.
Kitchen: Kitchen with UPVC double glazed window, white wall and base units, stainless steel sink and drainer, roll top worktop, electric hob, mid height electric oven, space for free standing fridge freezer and tile effect vinyl flooring.
Master Bedroom: Double bedroom with large UPVC double glazed window, built in wardrobe, night storage heater and carpeted flooring.
Bedroom Two: This good sized double bedroom has a UPVC double glazed window and is carpeted flooring.
Bathroom: Fitted bathroom with panelled bath, pedestal sink, close coupled WC, partially tiled walls and tile effect vinyl flooring. Garage: Garage with up and over door and concrete floor.
EPC Rating: Pending Council Tax: Band B Tenure: Leasehold 999 years from 2006 Service Charge: £25 per month
Value & comps
No previous sales on record.
Returns
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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 Wardrew Road, Exeter
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