# 2 bedroom flat for sale (EX4 7BX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 60 CHAUCER GROVE, EXETER, DEVON EX4 7BX |
| Price | £160,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £169,000 Jan 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 17/02/2035
- **Current heating cost:** £302/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2047-1126-4191-1621-6134)

## Description

**SUMMARY**

GUIDE PRICE £160,000 - £180,000.  A TOP FLOOR 2 bedroom APARTMENT in the PINHOE AREA ideal for access for commuters to the M5, transport links including train station, shops and supermarkets.  Outside there is also ALLOCATED PARKING SPACE.  Ideal home for first time buyers and investors.

**DESCRIPTION**

GUIDE PRICE £160,000 - £180,000 A TOP FLOOR 2 bedroom APARTMENT in the PINHOE AREA with open plan large lounge/kitchen/diner perfect for entertaining.  Ideal for access for commuters to the M5, transport links including train station, shops and supermarkets.  Outside there is ALLOCATED PARKING SPACE.  Ideal home for first time buyers and investors.  The accommodation comprises:-  Communal entrance hallway, entrance hallway, lounge/kitchen/diner, 2 bedrooms and bathroom/WC.

**Entrance Hall** 

Inter com system, access to loft with boarding and light, storage cupboard with hanging space, wall mounted radiator.

**Lounge/ Diner** 15' 3" x 12' 10" ( 4.65m x 3.91m )

Double glazed front aspect window, two wall mounted radiators.

**Kitchen** 8' 9" x 9' 6" ( 2.67m x 2.90m )

Double glazed rear aspect window, wall and base units, work surfaces, stainless steel sink unit, plumbing for washing machine, electric oven, gas hob with extractor over, boiler, tiling, extractor fan.

**Bathroom** 

Double glazed obscured rear aspect window, bath with electric shower over, cupboard, low level toilet, wash hand basin, tiling, extractor fan, wall mounted radiator.

**Bedroom 1** 12' 4" x 11' 2" max ( 3.76m x 3.40m max )

Two double glazed front aspect windows, wall mounted radiator.

**Bedroom 2** 8' 10" max x 8' 9" max ( 2.69m max x 2.67m max )

Double glazed rear aspect window, wall mounted radiator.

**Outside** 

Communal garden with lawned area and bin store.  Allocated parking space.

We currently hold lease details as displayed above, should you require further information please contact the branch.  Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

## Property Photos

- ![Photo](/listings/photos/159380873/1122815)
- ![Photo](/listings/photos/159380873/1122816)
- ![Photo](/listings/photos/159380873/1122817)
- ![Photo](/listings/photos/159380873/1122818)
- ![Photo](/listings/photos/159380873/1122819)
- ![Photo](/listings/photos/159380873/1122820)
- ![Photo](/listings/photos/159380873/1122821)
- ![Photo](/listings/photos/159380873/1122822)
- ![Photo](/listings/photos/159380873/1122823)
- ![Photo](/listings/photos/159380873/1122824)
- ![Photo](/listings/photos/159380873/1122825)
- ![Photo](/listings/photos/159380873/1122826)
- ![Photo](/listings/photos/159380873/1122827)
- ![Photo](/listings/photos/159380873/1122828)
- ![Photo](/listings/photos/159380873/1122829)
- ![Photo](/listings/photos/159380873/1122830)
- ![Photo](/listings/photos/159380873/1122831)

## Floorplans

- ![Floorplan 1](/listings/photos/159380873/1122832) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/159380873/1122833) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 60 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £169,000 | 27/01/2026 | Flat |
| 60 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £165,000 | 18/12/2020 | Flat |
| 60 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £162,100 | 29/11/2016 | Flat |
| 60 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £154,995 | 26/08/2011 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 PRIORY VIEW, EXETER, DEVON, EX4 8EA | £165,000 | 19/12/2025 | Flat |
| 181 FLAT PINHOE ROAD, EXETER, DEVON, EX4 7HZ | £375,000 | 15/12/2025 | Flat |
| 2 PRIORY VIEW, EXETER, DEVON, EX4 8EA | £167,500 | 11/12/2025 | Flat |
| 51A PRINCE CHARLES ROAD, EXETER, DEVON, EX4 7EE | £118,000 | 05/09/2025 | Flat |
| [Same street] 37 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £218,000 | 19/05/2023 | Terraced |
| 63 MINCINGLAKE ROAD, EXETER, DEVON, EX4 7DY | £182,500 | 22/03/2023 | Flat |
| [Same street] 59 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £191,000 | 16/12/2022 | Flat |
| [Same street] 52 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £163,000 | 14/10/2022 | Flat |
| [Same street] 76 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £236,300 | 26/08/2022 | Terraced |
| [Same street] 51 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £235,100 | 12/08/2022 | Terraced |
| [Same street] 70 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £235,000 | 09/06/2022 | Terraced |
| [Same street] 56 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £162,500 | 13/05/2022 | Flat |
| THE OLD RAILWAY CLUB FLAT 3 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £275,000 | 26/04/2022 | Flat |
| [Same street] 23 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £300,000 | 05/04/2022 | Semi-detached |
| [Same street] 48 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £238,000 | 31/03/2022 | Terraced |
| [Same street] 45 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £275,000 | 02/02/2022 | Terraced |
| [Same street] 55 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £210,000 | 22/12/2021 | Flat |
| THE OLD RAILWAY CLUB FLAT 5 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £240,000 | 11/11/2021 | Flat |
| [Same street] 8 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £154,500 | 06/10/2021 | Flat |
| THE OLD RAILWAY CLUB FLAT 6 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £200,000 | 30/09/2021 | Flat |
| 22 GREYFRIARS ROAD, EXETER, DEVON, EX4 7BS | £168,500 | 30/09/2021 | Flat |
| [Same street] 16 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £218,000 | 17/09/2021 | Terraced |
| THE OLD RAILWAY CLUB FLAT 7 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £207,500 | 10/09/2021 | Flat |
| [Same street] 20 CHAUCER GROVE, EXETER, DEVON, EX4 7BX | £125,000 | 01/09/2021 | Terraced |
| THE OLD RAILWAY CLUB FLAT 4 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £240,000 | 26/08/2021 | Flat |
| THE OLD RAILWAY CLUB FLAT 1 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £185,000 | 26/08/2021 | Flat |
| THE OLD RAILWAY CLUB FLAT 2 CHAUCER GROVE, EXETER, DEVON, EX4 7DF | £197,500 | 26/08/2021 | Flat |

**Street average:** £211,529 (14 sales)
**Area average:** £209,346 (13 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £181,341 (29 Flat, EX4, 2024–2026)
- **Deviation:** -11.8%

## Rental Range

*ONS Price Index of Private Rents (Exeter). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,183/mo
- **Realistic:** £1,314/mo
- **Optimistic:** £1,445/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Exeter (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Wynford Road, EX4 | £1,200/mo | 2 | 0.32 miles | OpenRent |

**Average rent: £1,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,712/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -2.7%
- **10y growth:** 22.6%

## House Price Index (HM Land Registry)

*Official index for Exeter; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.1%
- **5y growth (index):** -1.2%
- **10y growth (index):** 16.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)