# 1 bedroom flat for sale (EX4 6DH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 28 KINGSGATE, EXETER, DEVON EX4 6DH |
| Price | £70,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £70,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 09/01/2034
- **Current heating cost:** £871/year
- **Est. upgrade cost to C:** £6,000

### Recommendations
- W2 (£4,000 - £6,000)
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9406-3033-4209-9674-6200)

## Description

Welcome to Kingsgate, Pennsylvania Road, Exeter - a charming location for this delightful one-bedroom ground floor apartment in a retirement building. This well-presented property boasts a cosy reception room, perfect for relaxing or entertaining guests. 

The apartment features a lovely kitchen, ideal for preparing delicious meals, and a spacious lounge/diner where you can unwind after a long day.

One of the highlights of this property is the direct access to communal gardens through the flat's patio doors, allowing you to enjoy the outdoors without leaving the comfort of your home. Additionally, communal parking ensures that you and your guests always have a convenient place to park.

With no onward chain, this apartment offers a hassle-free move-in process, making it an ideal choice for those looking to settle into a peaceful and welcoming community. Don't miss out on the opportunity to make this lovely flat your new home in Exeter.

**Hallway** - Door to the communal hallway, two storage cupboards, wall mounted heater, doors to,

**Bedroom** - Double glazed window to the side aspect, built in wardrobe,

**Shower Room** - A walk in shower, a low level w/c, a wash hand basin.

**Lounge/Diner** - A dual aspect room with a double glazed window to the side aspect and double glazed patio doors to the garden, wall mounted heater, arch to,

**Kitchen** - A range of matching floor and wall mounted units, inset sink, inset hob, integral oven, space for washing and fridge/freezer, double glazed window to the side aspect.

**Gardens** - Directly outside the  flat is communal gardens that you can enjoy.

**Parking** - There are communal parking's spaces in the private courtyard.

**Lease And Charges** - The lease has 66 years remaining, the service charge is £2800 per year, the ground rent is £222 per year.

**Agents Notes** - These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.

## Property Photos

- ![CAM02887G0-PR0196-STILL008.jpg](/listings/photos/86898528/1227721) - CAM02887G0-PR0196-STILL008.jpg
- ![CAM02887G0-PR0196-STILL005.jpg](/listings/photos/86898528/1227722) - CAM02887G0-PR0196-STILL005.jpg
- ![CAM02887G0-PR0196-STILL001.jpg](/listings/photos/86898528/1227723) - CAM02887G0-PR0196-STILL001.jpg
- ![CAM02887G0-PR0196-STILL003.jpg](/listings/photos/86898528/1227724) - CAM02887G0-PR0196-STILL003.jpg
- ![CAM02887G0-PR0196-STILL007.jpg](/listings/photos/86898528/1227725) - CAM02887G0-PR0196-STILL007.jpg
- ![CAM02887G0-PR0196-STILL002.jpg](/listings/photos/86898528/1227726) - CAM02887G0-PR0196-STILL002.jpg
- ![CAM02887G0-PR0196-STILL006.jpg](/listings/photos/86898528/1227727) - CAM02887G0-PR0196-STILL006.jpg
- ![CAM02887G0-PR0196-STILL004.jpg](/listings/photos/86898528/1227728) - CAM02887G0-PR0196-STILL004.jpg

## Floorplans

- ![CAM02887G0-PR0196-BUILD01-FLOOR00.png](/listings/photos/86898528/1227729) - CAM02887G0-PR0196-BUILD01-FLOOR00.png

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 28 KINGSGATE, EXETER, DEVON, EX4 6DH | £70,000 | 27/03/2026 | Flat |
| 28 KINGSGATE, EXETER, DEVON, EX4 6DH | £97,000 | 08/03/2013 | 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 |
|---------|-------|------|------|
| 10 FLAT 1 PENNSYLVANIA ROAD, EXETER, DEVON, EX4 6BH | £450,000 | 27/10/2023 | Flat |
| 2 GROUND FLOOR FLAT ST JAMES TERRACE, EXETER, DEVON, EX4 6QH | £135,000 | 14/09/2022 | Flat |
| 7 WILLOW WALK, EXETER, DEVON, EX4 6RP | £138,000 | 19/08/2022 | Flat |
| 14 FLAT 1 PENNSYLVANIA ROAD, EXETER, DEVON, EX4 6BH | £250,000 | 11/08/2022 | Flat |
| 77 FLAT 1 LONGBROOK STREET, EXETER, DEVON, EX4 6AU | £228,000 | 29/07/2022 | Flat |
| 45 FIRST AND SECOND FLOOR FLAT POWDERHAM CRESCENT, EXETER, DEVON, EX4 6BZ | £136,021 | 19/07/2022 | Flat |
| 14 FLAT 1 PENNSYLVANIA ROAD, EXETER, DEVON, EX4 6BH | £213,000 | 29/09/2021 | Flat |
| 2 UPPER FLAT ST JAMES TERRACE, EXETER, DEVON, EX4 6QH | £192,500 | 16/09/2021 | Flat |
| 12 FLAT A PENNSYLVANIA ROAD, EXETER, DEVON, EX4 6BH | £125,000 | 25/08/2021 | Flat |

**Area average:** £207,502 (9 sales)

## Price vs local average

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

- **Local average:** £181,341 (29 Flat, EX4, 2024–2026)
- **Deviation:** -61.4%

## 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):** £628/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 |
|------|------|------|------|------|
| 1 Bed Flat, Oxford Road, EX4 | £1,100/mo | 1 | 0.17 miles | OpenRent |

**Average rent: £1,100/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.57% (strong)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 18.9%
- **Cost-to-rent:** 5.3×
- **Monthly cashflow:** £689/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 40.7%

*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:** £1,489/m²

## Capital growth trend

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

- **5y growth:** 2.6%
- **10y growth:** 21.4%

## 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)