1-bedroom house · EX2 5GH
Listing removedListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand newly refurbished double room with built in wardrobe located in the well-sought after location of Heavitree, next to the Royal Devon and Exeter hospital.
The property is also in close proximity of Exeter University St Luke's campus and provides great bus links to Exeter University Streatham campus.
Internally, the ground floor comprises of the the kitchen and a spacious garden access bedroom which is currently available, as well as a downstairs bathroom.
The first floor also provides a stunning shared bathroom along with two bedrooms, one of which being an en-suite. The second floor provides a further two bedrooms as well as another shared toilet.
As previously mentioned, all rooms are newly refurbished providing a contemporary finish throughout. Get in touch to arrange a viewing!
Included within the monthly rent is gas, electric, water, council tax and high speed WiFi.
On accepting the chosen room a weeks proportion of rent is required to hold the room whilst references are obtained. The holding fee will then be deducted from your first months rent upon moving in.
A £500 deposit is required. Council Tax Band - D
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 5 Richard Ford Court, Meadow Wat, EX2 5GH
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