Sold STC Flat

3E

PENNSYLVANIA PARK, EXETER, DEVON EX4 6HB

2 beds 1 baths 86 m² Listed 12 Aug 2025 (-354d)

£210,000

Offers Over

Reduced on 14 Aug 2025

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# 2 bedroom apartment for sale (EX4 6HB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3E, PENNSYLVANIA PARK, EXETER, DEVON EX4 6HB |
| Price | £210,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £200,000 Apr 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Expiry date:** 17/08/2035
- **Current heating cost:** £1,213/year
- **Est. upgrade cost to C:** £3,115

### Recommendations
- C (£20 - £40)
- G (£220 - £250)
- I (£2,200 - £3,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8135-3728-0500-0938-3296)

## Description

Nestled within a beautifully maintained period building, this elegant two-bedroom flat effortlessly blends historic Grade II listed charm with contemporary living. Enjoying stunning views across the city and far-reaching countryside towards Dartmoor. The property continues to benefit from being sold with NO ONWARD CHAIN.

## Property Photos

- ![Front Aspect](/listings/photos/165638678/1460694) - Front Aspect
- ![Living Room](/listings/photos/165638678/1460695) - Living Room
- ![Bedroom Two](/listings/photos/165638678/1460696) - Bedroom Two
- ![Bedroom One](/listings/photos/165638678/1460697) - Bedroom One
- ![Kitchen](/listings/photos/165638678/1460698) - Kitchen
- ![Bathroom](/listings/photos/165638678/1460699) - Bathroom
- ![Bathroom](/listings/photos/165638678/1460700) - Bathroom
- ![Communal Garden](/listings/photos/165638678/1460701) - Communal Garden
- ![Front View](/listings/photos/165638678/1460702) - Front View
- ![Rear View](/listings/photos/165638678/1460703) - Rear View
- ![Kitchen](/listings/photos/165638678/1460704) - Kitchen
- ![Bedroom Two](/listings/photos/165638678/1460705) - Bedroom Two

## Floorplans

- ![Floorplan](/listings/photos/165638678/1460706) - Floorplan

## EPC Graphs

- ![Epc](/listings/photos/165638678/1460707) - Epc

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #1389220
- **Address:** 3e Pennsylvania Park, Exeter, EX4 6HB
- **Certificate Issued:** 19/01/2004
- **Work Completed:** 24/11/2003
- **Items:** 2 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3E PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £200,000 | 10/04/2026 | Flat |
| 3E PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £80,000 | 26/03/2000 | 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 |
|---------|-------|------|------|
| [Same street] 4F PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £230,000 | 09/06/2022 | Flat |
| [Same street] 1 FLAT 6 PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £182,500 | 07/02/2022 | Flat |
| [Same street] 4C PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £410,000 | 16/12/2021 | Flat |
| [Same street] 4A PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB | £292,000 | 29/11/2021 | Flat |

**Street average:** £278,625 (4 sales)

## Price vs local average

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

- **Local average:** £181,963 (30 Flat, EX4, 2024–2026)
- **Deviation:** +15.4%

## Rental Range

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

- **Low:** £1,185/mo
- **Realistic:** £1,317/mo
- **Optimistic:** £1,449/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, Old Tiverton Road, EX4 | £1,175/mo | 2 | 0.5 miles | OpenRent |

**Average rent: £1,175/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.56% (weak for cashflow)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*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 £1,175/mo).*

- **Gross yield:** 6.7%
- **Cost-to-rent:** 14.9×
- **Monthly cashflow:** £205/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4%

*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:** £2,442/m²

## Capital growth trend

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

- **5y growth:** 14.7%
- **10y growth:** 24.9%

## 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)

Front Aspect Living Room Bedroom Two Bedroom One Kitchen Bathroom Bathroom Communal Garden Front View Rear View Kitchen Bedroom Two

/ 12

Property details

Tenure

LEASEHOLD

Floor area

86 m²

Council tax band

EPC rating

Last sold

£200,000 Apr 2026

Price per m²

£2,442/m²

Local average

£181,963 (+15.4%)

Deprivation

Decile 10 (33,044 of 33,755)

Street crime

293 incidents within 1 mile (May 2026)

Additional details

Parking: Yes

Description

Listed by

Exeter

Bradleys

Reference: 165638678

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: D

Inspection date: 18/08/2025

Expiry date: 17/08/2035

Current heating cost: £1,213/year

Potential heating cost: £1,073/year

Est. upgrade cost to C: £3,115

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase hot water cylinder insulation (£20 - £40)
Upgrade heating controls (£220 - £250)
Replace boiler with new condensing boiler (£2,200 - £3,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

Epc

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #1389220

Property Details

Street: 3e Pennsylvania Park

Town: Exeter

Postcode: EX4 6HB

Installation Details

Items: 2 windows

Certificate Issued: 19/01/2004

Work Completed: 24/11/2003

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

150% since 2000

Event	Date	Price	% change
Sold	10/04/2026 (3 months ago)	£200,000	+150%
Sold	26/03/2000 (26 years ago)	£80,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 4F PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB	£230,000	09/06/2022	Flat
Same street 1 FLAT 6 PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB	£182,500	07/02/2022	Flat
Same street 4C PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB	£410,000	16/12/2021	Flat
Same street 4A PENNSYLVANIA PARK, EXETER, DEVON, EX4 6HB	£292,000	29/11/2021	Flat

Street average: £278,625 (4 sales)

Capital growth trend

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

5y growth 14.7%

10y growth 24.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Exeter. Series: Flats and maisonettes. As of April 2026.

1y (index) -6.1%

5y (index) -1.2%

10y (index) 16.7%

Rental Range

Estimated market rent for Exeter. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,185/mo

Realistic £1,317/mo

Optimistic £1,449/mo

Based on Local Authority from postcode lookup → Exeter.

LHA (30th percentile) floor for Exeter: £793/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View EX4 6HB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Pennsylvania Park	0.1 miles
Bus stop	Beech Avenue	0.1 miles
Shop	Sylvania Community Stores	0.4 miles
Shop	Marketplace	0.4 miles
University	University of Exeter Streatham Court	0.4 miles
University	University of Exeter Amory Building	0.5 miles
Train station	St James' Park	0.5 miles
Train station	Exeter Central	0.9 miles
Hospital	Dawlish Community Hospital	11.1 miles
Hospital	Tiverton and District Hospital	11.9 miles

Street-level crime

Category	Count
Violence and sexual offences	108
Anti-social behaviour	61
Shoplifting	36
Public order	17
Other theft	12
Criminal damage and arson	10
Vehicle crime	10
Drugs	8
Bicycle theft	7
Other crime	7
Burglary	6
Possession of weapons	6
Theft from the person	3
Robbery	2
Total incidents	293

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Stoke Hill Junior School	Primary	0.4 miles	Good — 11 Jul 2013
Stoke Hill Infant and Nursery School	Primary	0.4 miles	Outstanding — 3 Sep 2015
University of Exeter	Other	0.6 miles	— (No rating)
St Sidwell's Church of England Primary School & Nursery	Primary	0.7 miles	Good — 22 Mar 2012
Newtown Primary School	Primary	0.9 miles	Requires improvement — 13 Oct 2021

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, Old Tiverton Road, EX4	£1,175/mo	2	0.5 miles	OpenRent

Average rent: £1,175/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.56%

Max investor price (0.8%) £146,875

Target investor price (1%) £117,500

Gross yield 6.7%

Cost-to-rent ratio 14.9×

Monthly cashflow £205/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).