Two-bedroom flat within a 10-minute walk of the RD&E Hospital, purchased via the modern method of auction.
The property was in poor condition, with damp and mould throughout. The layout was dated, with a separate bathroom and WC. The garden fence had been vandalised. A perfect first project!
During legal review, a title issue affecting the garden was identified and resolved prior to completion.
The refurbishment addressed all underlying issues as well as the cosmetic improvements needed to bring the home up to standard.
The result is a well-finished, practical home suited to modern living. The flat was let quickly to a young family working at the hospital.
Two-Bedroom Flat Near RD&E Hospital
Two-Bedroom Garden Flat, Exeter (Golden Triangle)
Basement two-bedroom garden flat in Exeter’s Golden Triangle.
The property was affected by.
Damp, mould and hygiene issues.
Clutter, waste and a severely overgrown garden.
Restricted access during viewings, limiting buyer interest
Incomplete legal pack with missing leasehold and management information
The condition and legal uncertainty deterred most buyers, allowing the property to be secured below market value.
A full refurbishment was undertaken. Legal risks were addressed through indemnity insurance and engagement with the management company.
The transformed property was quickly let to university students, and subsequently young professionals.
Coming Soon – Residential Refurbishment Project, Exeter
Our next project is currently progressing and will represent a significant step up in scale for the business.
Located in Exeter St James, the student heartland of Exeter, the property offers strong fundamentals and the opportunity to significantly improve both layout and overall quality through refurbishment.
This project also marks an expansion in how we deliver projects, working alongside a wider professional team including planning consultants, architects and experienced contractors.