1-bedroom flat · EX2 9EW
Listing removedListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation comprises: Ground Floor: Communal entrance door into Communal Hallway. Stairs leading to First Floor. Landing. Private entrance door into apartment.
Hallway Open plan Living Room/Kitchen having a full-length corner feature window overlooking the front plus Velux ceiling windows, intercom telephone for front door; Kitchen Area having a superb range of built in units incorporating 1 ½ bowl single drainer stainless steel sink unit, built in electric oven, brand new hob and cooker hood over, matching wall cupboards, laminate flooring, door to Balconette.
Double Bedroom, full length window. Shower Room having fully tiled double shower cubicle with electric shower, pedestal wash basin, close coupled W.C. extractor fan, heated towel rail.
Outside: 1 Allocated Parking Space. Cycle parking to the front of the property and Bin Store. Please note that there is no garden with the apartment.
Key Facts: Rent:£950 per calendar month, exclusive of utilities Deposit:£1,095 *Holding Deposit:£219 Total Annual Household Income required to meet affordability:£28,500 Type:Unfurnished Furniture/Appliances:Built in oven, built in ceramic hob, cooker hood Heating:Electric Heating Utilities:Water, Electricity, Council Tax Council Tax Band:A District:Exeter City Council Terms:Assured Periodic Tenancy Restrictions:Sorry, the property is unsuitable for pets or children, no students Availability:Mid July Please contact Cardens Residential on or email to arrange your viewing.
*Holding deposit: The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
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
FAQ
About 80B Queens Road, St Thomas, Exeter
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