1-bedroom flat · EX20 1QF
Listing removedListed 110 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This first floor apartment offers a high specification finish throughout and has accommodation that comprises of: Living room with modern kitchen offering stainless steel oven, hob and extractor fan, master bedroom with en suite fully tiled bathroom and shower over bath.
The property is fully double glazed and centrally heated with a high energy efficiency rating. There is also allocated off road parking for 1 car and visitor space available.
Council Tax Band: A (West Devon Borough Council) Deposit: £625 Holding Deposit: £125 Broadband (ofcom) - Standard, Superfast, Ultrafast - available Mobile (ofcom) - EE, O2 likely, Three & Vodaphone - Limited Entrance Hall Communal Entrance Hall Living Room (4.5m x 3.8m) Kitchen (2.8m x 1.6m) Bedroom 1 (3.4m x 3.4m) Bathroom There is a matching suite comprising panelled bath with shower and screen over, close coupled WC and wall mounted wash basin with mirror over and shaver/light point.
Ladder radiator and extractor fan. Outside Full use of a communal garden. One Parking space in the carpark.
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
Agent & docs
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FAQ
About 2 Stannary Court, Okehampton
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