# 3 bedroom flat for sale (EX2 4NT) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 5, VICTORIA PLACE, 27, VICTORIA PARK ROAD, EXETER, DEVON EX2 4NT | | Price | £400,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Construction age | England and Wales: before 1900 | | Floor area | 118 m² | | Last sold | £395,000 Jun 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 10/05/2030 - **Current heating cost:** £669/year - **Est. upgrade cost to C:** £14,000 ### Recommendations - Q (£4,000 - £14,000) - D (£80 - £120) - O (£3,300 - £6,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9398-3018-7235-7900-0280) ## Description Located within a prestigious Georgian building in a highly sought-after St Leonards address, is this unique three bedroom apartment. The flat is offered with no onward chain, and benefits from two allocated parking spaces. The internal accommodation briefly comprises an entrance hallway, a sizeable living room, a separate kitchen diner, bathroom and three bedrooms, with an en suite to the master. Victoria Park Road is widely regarded as one of Exeter's most desirable streets, with an array of fine Georgian houses and only a short walk from the many independent shops, cafes and restaurants along Magdalen Road, as well as various parks, including Bull Meadow Park and Heavitree Pleasure Grounds. It is ideally located for access to the RD&E Hospital and the highly regarded Exeter School is a stone's throw from the apartment. The flat is also just a short distance from the city centre, with its many high street shops, eateries and entertainment facilities. Accommodation The flat's generous accommodation is well-presented, offering a perfect blend of elegant period features alongside the comforts of modern living. As you enter through the front door, you are greeted by a large entrance hallway, which accommodates two built-in storage cupboards and access to each of the main rooms. The open plan kitchen diner contains a selection of wall and base units, as well as a feature island unit, each of which incorporate granite countertops. Integrated appliances include a microwave and an eye-level oven, with a separate 5 ring gas hob and extractor hood, as well as a fridge, freezer, washing machine and a dishwasher. A sash window provides an attractive view to the front aspect, and ample space is provided for a dining table and chairs. The sizeable living room is complemented by two sash windows to the front aspect, also with a pleasant outlook, as well as character features including decorative coving, and a recessed bookshelf. Along the hallway you approach the bedrooms, with the handsome master bedroom offering built-in storage, and two sash windows to the rear aspect. A door opens into the en suite shower room, which briefly comprises a shower cubicle, double wash basins set on a marble countertop, and a close-coupled WC. The second bedroom is a further double, with a sash window to the rear aspect, along with a built-in wardrobe, and bedroom three is currently used as a study, but would also make a good-sized single bedroom. Finally, the main bathroom includes a P-shaped bath with a shower over, a close-coupled WC and a wall-mounted wash basin. Parking The flat features two parking spaces, one situated in the car park to the front of the property, and a further one in the rear car park. Property Information Tenure: Share of the freehold through Victoria Place Management Company (we have been informed that there is a 999 year lease from 1/6/2004, and that the service charge for 2024/25 is £2,592 per year. Pets are not permitted at the property). The flat is currently let out for £1,425 per month. Council tax band: D. EPC: C. Floor area: 118m2. ## Property Photos - ![Front](/listings/photos/154985123/1347720) - Front - ![Kitchen Diner](/listings/photos/154985123/1347721) - Kitchen Diner - ![Kitchen Diner](/listings/photos/154985123/1347722) - Kitchen Diner - ![Living Room](/listings/photos/154985123/1347723) - Living Room - ![Living Room](/listings/photos/154985123/1347724) - Living Room - ![Living Room](/listings/photos/154985123/1347725) - Living Room - ![Bedroom 1](/listings/photos/154985123/1347726) - Bedroom 1 - ![Bedroom 1](/listings/photos/154985123/1347727) - Bedroom 1 - ![Bedroom 1 Window](/listings/photos/154985123/1347728) - Bedroom 1 Window - ![En Suite](/listings/photos/154985123/1347729) - En Suite - ![Bedroom 2](/listings/photos/154985123/1347730) - Bedroom 2 - ![Bathroom](/listings/photos/154985123/1347731) - Bathroom - ![Hallway](/listings/photos/154985123/1347732) - Hallway - ![Parking Space](/listings/photos/154985123/1347733) - Parking Space - ![Parking Space](/listings/photos/154985123/1347734) - Parking Space - ![Communal Entrance](/listings/photos/154985123/1347735) - Communal Entrance ## Floorplans - ![Floorplan 1](/listings/photos/154985123/1347736) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | VICTORIA PLACE, 27 FLAT 5 VICTORIA PARK ROAD, EXETER, DEVON, EX2 4NT | £395,000 | 17/06/2025 | Flat | | VICTORIA PLACE, 27 FLAT 5 VICTORIA PARK ROAD, EXETER, DEVON, EX2 4NT | £320,000 | 30/01/2015 | 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 | |---------|-------|------|------| | ST. MARGARETS RESIDENCES 5 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £388,500 | 07/08/2025 | Flat | | [Same street] 25 FLAT 2 VICTORIA PARK ROAD, EXETER, DEVON, EX2 4NT | £455,000 | 12/06/2023 | Flat | | 5 FLAT 1 MANSTON TERRACE, EXETER, DEVON, EX2 4NP | £148,000 | 18/10/2022 | Flat | | BREDON COURT FLAT 2 MANSTON TERRACE, EXETER, DEVON, EX2 4NP | £205,000 | 07/10/2022 | Flat | | ST. MARGARETS RESIDENCES 1 NEWBERRY LODGE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £695,000 | 30/09/2022 | Flat | | ST. MARGARETS RESIDENCES 2 NEWBERRY LODGE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £471,000 | 14/09/2022 | Flat | | ST. MARGARETS RESIDENCES 3 NEWBERRY LODGE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £465,000 | 09/08/2022 | Flat | | ST. MARGARETS RESIDENCES 1 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £1,000,000 | 01/08/2022 | Flat | | ST. MARGARETS RESIDENCES 5 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £467,500 | 31/03/2022 | Flat | | ST. MARGARETS RESIDENCES 6 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £480,000 | 04/03/2022 | Flat | | 155 FLAT 2 MAGDALEN ROAD, EXETER, DEVON, EX2 4TT | £182,000 | 25/02/2022 | Flat | | 7 FLAT 4 LYNDHURST ROAD, EXETER, DEVON, EX2 4PA | £285,000 | 21/02/2022 | Flat | | [Same street] 1 VICTORIA PARK ROAD, EXETER, DEVON, EX2 4NT | £1,425,000 | 11/02/2022 | Semi-detached | | ST. MARGARETS RESIDENCES 7 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £365,000 | 04/02/2022 | Flat | | ST MARGARETS RESIDENCES 3 WYNLATON HOUSE MAGDALEN ROAD, EXETER, DEVON, EX2 4BJ | £625,000 | 23/11/2021 | Flat | **Street average:** £940,000 (2 sales) **Area average:** £444,385 (13 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £227,345 (29 Flat, EX2, 2024–2026) - **Deviation:** +75.9% ## 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):** £947/mo ## 1% Rule - **Rent ratio:** 0.33% (weak for cashflow) - **Max investor price (0.8%):** £164,250 - **Target investor price (1%):** £131,400 *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 Area rent estimate.* ## Price per Square Metre - **£/m²:** £3,390/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -2.4% - **10y growth:** 8.9% ## 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)