2-bedroom flat · EX4 6DA
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Student rental property at £185.00 per person per week - A two bedroom fully furnished student first floor flat ideally located for the main campus and St. Lukes Exeter University and the City Centre.
Internally there is a kitchen, living space and a bathroom. Outside enjoys one private off road parking space and one residents on-street parking space and use of Garden square.
Entrance Through front door, stairs to first floor, wooden door to: Hallway Ceiling spotlights. Smoke alarm. 2 radiators. Entry phone. Light switches.
Door to: Kitchen 5' 8" x 10' 5" (1.73m x 3.18m) Sash window to front elevation. Blind over. Ceiling spotlights. Heat detector. Radiator. Light switch. Wood effect lino flooring.
Good range of wall and base units. Electric oven and hob with extractor fan above. Fridge/Freezer. Washing machine. Stainless steel sink and drainer with mixer taps.
Formica roll edged work surface with tiled splashback. Power points. Separate cupboard off Kitchen housing tumble drier and central heating boiler with storage over.
Bedroom one 12' 3" x 14' 7" (3.73m x 4.44m) Wooden sash window to front elevation. Curtains and blinds over. Radiator. Ceiling spotlights. TV point. Internet point. Power points.
Coal effect electric fire with tiled surround and wooden mantle over. Built-in storage cupboard. Built-in wardrobe. Bedroom two 10' 8" x 13' 5" (3.25m x 4.09m) Sash window to rear elevation.
Curtain track and curtains. Radiator. TV point. Internet point. Triple built-in wardrobe with storage over. Power points. Light switch. Ceiling spotlights. WC Wooden sash window to side elevation.
Low level WC. Radiator. Chrome toilet roll holder. Ceiling spotlight. Half tiled, half painted walls. Bathroom 5' 4" x 5' 9" (1.63m x 1.75m) Wooden sash window to side elevation. Low level WC.
Radiator. Chrome toilet roll holder. Ceiling spotlight. Half tiled, half painted walls. Living room 7' 2" x 10' 11" (2.18m x 3.33m) Sash window to rear elevation. Curtain track and curtains. TV point.
Power points. Radiator. Ceiling spotlights.
Outside To the rear of the property is one off-road parking space and in front is resident's parking where you can obtain one permit from Exeter City Council.
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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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
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About Flat 2, 12 Powderham Crescent, EXETER
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