3-bedroom flat · EX7 0AN
Sold STCReduced £10k (−5.1%) on 1 AugListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered in good decorative order throughout is this spacious top floor apartment situated on a level location on the main Exeter Road with bus stop and a parade of shops close by.
There is also a coastal cycle path giving links to Exeter.
The accommodation comprises; open plan kitchen/living/diner, three bedrooms, bathroom, large storage room, communal garden with patio, sea and countryside views. Gas central heating is installed.
Communal entrance hall Stairs leading to first floor. Timber front door opens to... Reception hall With stairs rising.
Louvred cupboard housing gas boiler supplying domestic hot water and gas central heating. Velux window to rear. Storage cupboard with shelving.
Kitchen/living/diner Velux window to rear and side aspect both enjoying far reaching countryside views, double glazed window to front, two radiators, power points, telephone socket.
Kitchen: Matching range of base units with roll top work surface over, tiled splash backs, inset one and a half bowl stainless steel sink drainer, space and plumbing for gas cooker, space and plumbing for washing machine and fridge, power points.
Bedroom one Dual aspect room with Velux window to front and side aspect enjoying lovely sea and coastal views, built in wardrobe, radiator, power points.
Bedroom two Velux window to front, built in wardrobe and shelving, radiator, power points.
Bedroom three Velux window to front, built in wardrobe and storage with various shelving, radiator, power points.
Bathroom Velux window to rear, white suite comprising close coupled WC, sunken panelled bath with mains fed shower over, tiled splash backs, inset wash hand basin into vanity unit with two storage cupboards, chrome ladder heated towel rail.
Grund floor Storage room Outside To the front of the property there is a parking area whilst to the rear there is an extensive communal garden mainly laid to lawn which is shared between the five apartments.
This is established with a paved patio area and mature plants and shrubs bordering, benefitting from the afternoon and evening sun.
There is a lockable bike store at the back of the property and plenty of room for a shed. EPC Rating: C
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 Flat 5, 139 Exeter Road, Dawlish
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