2-bedroom flat · EX1 2EY
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented and decorated 2 bedroomed First Floor Flat being part of a block constructed in 2006. Located on the level and within walking distance of local shops and the City Centre.
Belmont Park is also only a short distance away. It benefits from uPVC double glazed sash windows (with a tilt feature) along with gas fired central heating. An added benefit is the car parking space.
Unfurnished. Available Immediately. EPC: B (82). Accommodation comprises: Ground Floor: Communal Entrance door leading to hallway, stairs and First Floor: Private entrance door into flat.
Hallway, Wall-mounted intercom telephone for main entrance door, wall-mounted central heating thermostat, built-in cloaks cupboard, further deep built-in cupboard with slatted shelf and gas radiator.
Open Plan Living Room/Kitchen. Living Area, communal T.V. aerial and satellite dish supplied to the building.
Kitchen Area, superbly fitted with a range of base and wall units having cream shaker style doors, stainless steel sink unit, built-in stainless steel oven and gas hob with cooker hood over, fridge and freezer supplied.
Wall-mounted gas boiler for hot water and central heating. Bedroom 1 (Double), aspect to the front, gas radiator. Bedroom 2, aspect to the front, gas radiator.
Bathroom, panelled bath with thermostatic shower, glazed screen, wash basin, W.C. Outside: Allocated Parking Space in car park to rear of property. Communal Bin Store.
Key Facts: Rent:£1,250 per calendar month, exclusive of all utilities Deposit:£1,442 *Holding Deposit:£288 Total Annual Household Income required to meet affordability:£37,500 Type:Unfurnished Furniture/Appliances:Built-in stainless steel oven and gas hob with cooker hood over, fridge and freezer supplied Heating:Gas fired central heating Utilities:Water, Gas, Electric, Council Tax Council Tax Band:B District:Exeter City Council Terms:Assured Periodic Tenancy Restrictions:Sorry, no Students, no Sharers.
No Pets as Headlease does not allow. Availability:Immediately Please contact Cardens Residential on or email to arrange your viewing.
*Holding deposit:The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
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 Belmont Mews, Clifton Road, Exeter
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