2-bedroom flat · EX18 7BQ
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 2 bed ground floor flat situated in a quiet tucked away position overlooking a green and play area.
The apartment has two double bedrooms, open plan kitchen living space, smart family bathroom and off road parking. Electric heating and double glazing. Working or retired applicants only.
(This does not exclude tenants receiving benefits, for example, but not limited to, part time workers, disability benefits, etc). Immediately Available.
Entrance Hall With laminate wood flooring, electric heater, spotlights and door into airing cupboard housing hot water cylinder and slatted shelving.
Bedroom 1 A good size double bedroom with double glazed window to the front and electric radiator.
Bedroom 2 A good size double bedroom with double glazed window to the rear and built in wardrobes with sliding doors and electric radiator.
Bathroom Modern fitted bathroom with shower bath with curved glass shower screen, fitted sink, WC and vanity storage units. Extractor fan, spotlights and electric wall mounted heater.
Kitchen Living Room An open plan Kitchen living space with the kitchen area having a double glazed window to the rear, fully fitted modern kitchen with a range of wall and base units, work surface over, built in electric oven and hob, stainless steel sink and space for further appliances.
Outside To the rear of the property is a private off road parking area for residents. To the front of the property there is a community green bordered by trees with an enclosed play area.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 12, Langley View, CHULMLEIGH
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