2-bedroom flat · EX6 8DB
Listing removedListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Freshly upgraded two double bedroom apartment situated in the highly sought after village of Exminster.
The apartment is a 30 second walk from a Tesco Express and more importantly an independent coffee shop which does a brilliant flat white, great transport links via foot, bike, bus and train into Exeter city centre and the surrounding area, biking distance to the rd&E.
The apartment has undergone an extensive upgrade and is just one of two using the ground floor communal entrance door, two double bedrooms, an open plan kitchen with brand new appliances including full height fridge/ freezer, washing machine and oven, brand new bathroom and new carpets throughout.
There is a lockable garage on site for an additional charge and parking is negotiable with the Landlord depending on availability.
Due to demand in viewings we are booking slots on Saturday 1st August between 11-2pm. Please contact us to arrange a time.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
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