Flat 6 Trehill House, Exeter, Kenn, Devon, EX6 7XJ

Description

A vacant spacious and well appointed two bedroom ground floor apartment enjoying views over the gardens and grounds of Trehill House, in the sought after village of Kenn. The property comprises of a lounge/diner, kitchen, two double bedrooms, master en-suite bathroom with a walk in shower, second bathroom, utility cupboard and a garage. The property is being sold furnished. The Service charge is inclusive of the share of building insurance and management fees.

Accommodation

Communal entrance hall. Flat Six: inner hallways, lounge/diner (5.74m x 4.83m), kitchen (3.15m x 2.79m), master bedroom (3.61m x 3.25m) with en-suite shower room, second double bedroom (4.7m x 3.25m), bathroom and utility cupboard.

Location

Trehill House is an iconic Grade II* listed building set in glorious gardens and grounds on the rural fringes of the popular village of Kenn, being readily accessible to the A38/A30/M5 road networks serving all of the major towns and cities in Devon and Exeter airport.

Tenure / Property Information

Investment Analysis

The latest supplied completed sale at the same address was £129,000 on 12 June 2026. Other same-address sales range from £90,000 to £210,000, indicating substantial historical variation. A base GDV of £129,000 is used, with £90,000 low and £210,000 high scenarios. The evidence does not confirm the subject flat's lease length, service charge or exact comparability to the sold units.

Investment Snapshot

Strategy Recommendation

Potentially suitable as a cautious low-cost BTL or value purchase only if the legal pack confirms acceptable lease terms, service charge and no material liabilities. Do not rely on the £400 rent without property-specific rental evidence.

Works Required

No specific repair or refurbishment works are identified in the supplied description. The flat is described as vacant, spacious and well appointed, and is sold furnished. Inspection and legal-pack review would be required before allowing for works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £100,000 guide, the known cost used is £102,160, comprising the guide price and the minimum buyer administration charge inclusive of VAT. Applying 75% of the £129,000 base GDV gives an indicative refinance figure of £96,750, leaving approximately £5,410 of the analysed cost unrecovered before finance, tax and any works. The missing lease and service-charge information materially limits the assessment.

Buy-to-Let Analysis

Using the supplied £400 pcm advertised asking rent gives annual rent of £4,800 and a 4.8% gross yield on the £100,000 guide. Including the £2,160 minimum buyer administration charge gives approximately 4.7% on the £102,160 purchase-plus-known-cost figure. This is based on an asking listing for two-bedroom properties in Cockwood, not confirmed achieved rent for this flat, and excludes service charge, finance, tax and other ownership costs.

Flip Analysis

Against the £129,000 base GDV, the apparent spread over the £102,160 purchase-plus-known-cost figure is £26,840 before selling costs, finance, tax and any works. No supported selling allowance or refurbishment budget is available, so a formal flip surplus cannot be established.

Investor Risks & Due Diligence

• Subject tenure, lease length and service-charge amount are not supplied.

• The £400 pcm figure is an advertised asking rent for Cockwood, not an achieved rent confirmed for this flat.

• Same-address sold evidence ranges widely from £90,000 to £210,000.

• EPC rating is E.

• The legal pack may contain additional seller legal-fee or other charges.

• No refurbishment, selling-cost or finance allowance is supported by the evidence.

Recommendation

Potentially suitable as a cautious low-cost BTL or value purchase only if the legal pack confirms acceptable lease terms, service charge and no material liabilities. Do not rely on the £400 rent without property-specific rental evidence.

Strategy Rating

Analysis Confidence

There are multiple same-address completed sales and a stated guide price, but the subject tenure, lease details, service charge, heating, condition allowance and property-specific achieved rent are not supplied. The rental evidence is also for Cockwood rather than Kenn.