1-bedroom house · EX1 3EA
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Furnished double bedroom for let. Being repainted for new tenancy. This flat share is an ideal opportunity for a mature student or professional looking to share with only two other occupants.
The property boasts a fully fitted communal kitchen, Communal Living area with large flat screen TV Furnished double bedroom for let. Being repainted for new tenancy.
This flat share is an ideal opportunity for a mature student or professional looking to share with only two other occupants.
The property boasts a fully fitted communal kitchen, Communal Living area with large flat screen TV entrance hall bathroom 5' 6" x 5' 2" (1.7m x 1.6m) A panel bath with shower over, a low level w/c, a wash hand basin with shelve and mirror above and towel rail.
Communal kitchen 8' 10" x 13' 5" (2.7m x 4.1m) The kitchen is fitted with a range of white fronted cupboards and drawers both at base and eye level.
It includes a built in oven, gas hob, a extractor hood above, stainless steel sink, drainer with chrome mixer tap and plug strainer, washing machine, microwave, kettle, toaster and fridge freezer.
Communal living room 14' 9" x 14' 9" (4.5m x 4.5m) The living room includes a two and three piece leather sofa, dining table with four chairs, lamp and flat screen TV..
Bedroom two 7' 6" x 11' 1" (2.3m x 3.4m) This furnished double room includes a double bed, mattress, shelving and chest of drawers.
Bedroom one and three These rooms are both occupied by working professionals.
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
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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
FAQ
About Room 2 Haven Apartments, 4, Honiton Road, Exeter
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