2-bedroom terraced house · EX14 1UY
To rentListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mid terraced house situated in a convenient location close to Honiton town, available unfurnished for 12 months plus.
Accommodation Includes; Entrance Porch, Sitting/Dining Room, Kitchen, Two Double Bedrooms, Bathroom, Rear Paved Garden, Parking. No Smokers/Pets. A Child Considered. Available Immediately.
EPC Band: C. Tenant Fees Apply. Accommodation Includes Part glazed UPVC front door into Entrance Porch With fitted carpet.
Door into Sitting / Dining Room (5.22 x 3.40 (17'1" x 11'1")) Spacious room with stairs rising, television point, radiator and fitted carpet.
Kitchen Comprising range of beech fronted wall, base and drawer units, laminate worksurface with inset stainless steel sink unit, electric cooker with 4 ring gas hob, extractor hood, space for washing machine and fridge freezer, radiator and newly fitted vinyl floor.
Part glazed UPVC door to rear garden.
Stairs And Landing Stairs rising to landing with fitted carpet and doors to; Bedroom One (3.61 x 2.60 (11'10" x 8'6")) Double with cupboard housing gas fired boiler, radiator and fitted carpet.
Bathroom Coloured suite comprising bath with electric shower over, low level WC, pedestal wash hand basin, mirror fronted cabinet, heated towel rail and wood floor.
Bedroom Two (3.62 x 2.57 (11'10" x 8'5")) Double with radiator and fitted carpet.
Outside To the front of the property is a small gravel easy to maintain front garden area, with pathway and step to front door. To the rear of the property is an enclosed courtyard garden.
There is allocated parking for one vehicle. Services Mains electric, gas, water and drainage.
Council Tax Band: B EPC Band: C Situation The property is situated close to Honiton town centre within easy walking distance of all main shops and services, mainline railway link, A30/A303 and the cathedral city of Exeter approximately 15 minutes drive to the west.
Directions From the Stags offices proceed up the high street to the mini roundabout bearing right on the A35 to Axminster.
Follow the road over the trainline and take the first left into Hale Lane, take the next left into Shipley Road. Take the first left into Steel Close and the property can be found at the end.
Letting The property is available to let on an assured periodic tenancy, unfurnished and is end November. Rent: £825pcm exclusive of all charges.
Deposit: £951returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required, viewings strictly through the agents. Holding Deposit And Tenant Fees This is to reserve a property and set off against the first month’s rent and deposit.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
Tenant Protection Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme. Renters' Rights Act The first phase of the Renters Rights Act was implemented on the 1st May 2026.
The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at .
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 8, Steel Close, Honiton
Explore nearby