3-bedroom flat · EX22 6AP
To rentReduced £25 (−3.1%) on 17 OctListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime location in the heart of this market town, is an excellent opportunity to acquire this well presented and spacious three double bedroom, two storey first floor flat.
The property is available from the 21st September 2026 on a long term let. EPC = E.
Directions The entrance door to the flat can be found through the grey door to the left hand side of the Coop in the centre of Holsworthy square.
Entrance Hall & Stairway Hall and stairs leading up to 1st floor flat entrance. Hallway (10' 1" x 11' 8") Grey carpet. Dimplex storage heater. Pendant light. Smoke alarm. Double sockets.
Kitchen (11' 8" x 9' 6") Matching wall and base units with wood effect laminate worktop over. White tiles splashback. Beko freestanding cooker. Stainless steel sink and drainer and mixer tap.
Window with fitted curtain pole. Wood effect vinyl flooring. Extractor fan. Double sockets. Lounge (11' 3" x 19' 3") Grey carpet. Dimplex storage heater. Pendant light. Double sockets.
TV and internet point. Large sash bay window with fitted safety guard. Window seat and fitted curtain pole. Storage cupboard.
Bathroom (8' 11" x 11' 1") Bath with electric shower over, curtain rail and shower curtain. Tiled surround. Sink with mirrored vanity wall unit. Toilet. Wood effect vinyl flooring.
Airing cupboard containing hot water cylinder. Extractor Fan. Privacy glass window with fitted curtain pole. Bedroom 2 (14' 8" x 12' 11") Grey carpet. Dimplex storage heater. Pendant light.
Double sockets. Sash window with fitted safety guard and fitted curtain pole. Stairway & Landing Leading to upper floor. Grey carpet. Hand rail. Velux window. Double sockets. Pendant light.
Smoke alarm. Bedroom 3 (14' 1" x 13' 0") Grey carpet. Dimplex storage heater. Pendant light. Double sockets. Sash window with fitted safety guard and fitted curtain pole.
Bedroom 1 (13' 1" x 12' 10") Grey carpet. Dimplex storage heater. Pendant light. Double sockets. Sash window with fitted safety guard and fitted curtain pole.
Council Tax Band Band "A" EPC Rating "E" Rental Conditions Rent: £800.00 pcm deposit: £923.00 Property let as seen - available from 21/09/2026 on a long term let.
A verifiable household income of at least £24,000.00 per annum is required to be considered. References will be required.
Please Note Permitted Payments: - Holding deposit, equivalent to one week's rent, to secure property.
This will go towards the first month's rent providing that you do not withdraw from your application, do not provide inaccurate information, fail to disclose vital information or fail to proceed with the tenancy within a reasonable time frame.
- £50 Inc. VAT administration fee for any changes to the tenancy (when requested by the tenant). - Early termination fee (only when agreed in writing from the landlord), £50 Inc.
VAT administration fee plus any agreed reasonable costs (as agreed with landlord). - Lost Keys / Security Devices, replacement will be charged at the reasonable cost to the tenant. - Late rent.
We reserve the right to charge (truncated)
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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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
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FAQ
About Flat B, 5, Stanhope Square, Devon
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