1-bedroom flat · EX15 1NQ
To rentListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming unfurnished studio with garden area and allocated parking set within a pleasant rural location. To include; Open Plan Living Space with Modern Fitted Kitchen, Shower Room.
Private Garden Area & Allocated Parking. Suit Single Retired/Professional, No Smokers. Available End of June. EPC Band D. Tenant Fees Apply.
Open Plan Living Space Double glazed door from outside leading into good sized sitting area with radiator and beams, space for single/double bed and wardrobe.
Kitchen area comprising range of cream fronted wall and base units, worksurface with tiled splashbacks, laminate sink unit, electric oven and hob with extractor above, integrated washing machine and fridge.
Shower Room Suite comprising shower enclosure with electric shower, pedestal wash hand basin, WC and heated towel rail.
Outside To the front of the property is an area mainly laid to lawn with patio providing a private seating area.
Steps lead up and around to the gravel parking area with allocated parking for one vehicle.
The further garden areas extending around The Studio are excluded from the tenancy and not permitted for tenants use.
Services £275 pcm is payable to the landlords for all utilities (mains electric, water & drainage, gas and council tax) Please note these charges apply only to a single occupier.
Ofcom Predicted Broadband: Standard - Upload: 26 Mbps - Download: 1 Mbps Ofcom Predicted Mobile Data: EE, Three, O2 & Vodafone - Good Directions From J28 of the M5 proceed towards Cullompton.
At the mini roundabout turn right signposted Willand/Uffculme. Continue straight on at the next two mini roundabouts. At the next turn left signposted Cullompton.
Proceed along this road taking the first turning on the right into Rull Lane. Proceed along this road until reaching the junction with a fork in the road.
At the junction ignore the fork and turn back left handed. Proceed along this private drive and October Cottage will be found on the left hand side.
Letting The property is available to let on an assured periodic tenancy, unfurnished and is available end of June.
Rent: £775.00 pcm exclusive of all charges, plus an additional £275 per calendar month for mains electric, water & drainage, gas and council tax..
Deposit: £894.00 returnable 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. The Landlord would prefer Some pets may not be allowed residing at this property.
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.
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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
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FAQ
About The Studio, October Cottage, Cullompton
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