3-bedroom semi-detached house · EX16 8ED
To rentListed 2 days
Opportunity summary
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About
A superbly presented three bedroom furnished property with parking and garden.
To include Open Plan Living Space, Utility Area, Three Bedrooms, Family Bathroom, Parking, Gardens, O.F.C.H, Pets Considered, Available early December. EPC Band C. Deposit £1,384.00.
Tenant Fees Apply.
Accommodation To Include From front, glazed wooden door leading into Open Plan Living Area (5 x 9.5 (16'4" x 31'2")) Comprising kitchen/dining area with tiled flooring range of fitted wooden fronted wall and base units, marble effect laminate worktop with tiled splashbacks, stainless steel sink unit, electric oven with gas hob (lpg) and extractor above, under counter fridge, space for dishwasher, microwave, toaster.
Dining area with radiator, dining table and chairs. Utility area with washing machine, freezer.
Sitting area with continuation of the tiled flooring, radiator, glazed door to garden, 2 two seater sofas, coffee table, television and television unit.
Solid wooden stairs rising to First Floor Landing (5.5 x 0.9 (18'0" x 2'11")) With velux windows, smoke alarm, door into Bedroom One (5.1 x 3.8 (16'8" x 12'5")) Large double, with window to front, velux window, radiator, double bed, 2 bedside tables, wardrobe and chest of draws.
Bedroom Two (4 x 3 (13'1" x 9'10")) Currently twin room with two single beds, window to front, velux window, radiator, wardrobe, bedside table, fitted cupboard Bedroom Three (4 x 2.7 (13'1" x 8'10")) With bunk beds, radiator, window to front, chest of draws, fitted cupboard Bathroom (2.7 x 2.2 (8'10" x 7'2")) With white suite comprising walk in shower with thermostatic shower, mixer tap with shower head attachment, WC, pedestal wash hand basin, wall mounted mirror with shaver point and light above, heated towel rail and velux window.
Outside To the front of the property is a gravel area providing parking for 2 / 3 vehicles. To the side is an an enclosed garden mainly laid to lawn enjoying views over the adjoining countryside.
Services Water: Mains (£50 per calendar month is payable to the landlords) Drainage: Private Electricity: Mains Heating: O.F.C.H, lpg gas cylinder supplying gas hob.
Ofcom Predicted Broadband Speed: Superfast - Upload: 76 Mbps - Upload - 18 Mbps Ofcom Predicted Mobile Data: EE, O2, Three & Vodafone (Good Outdoor) Council Tax: Band B (Mid Devon District Council) Situation The property is situated in a quiet but convenient and easily accessible rural location on the outskirts of the popular village of Rackenford.
The centre of Rackenford is approximately 1⁄4 mile distant and has a public house, community shop/post office and a well regarded primary school.
Rackenford is also within easy reach of Tiverton approximately 8 miles distance, offering a good range of shops and services, both public and state schooling and many other facilities catering for a wide variety of needs.
Directions From the M5 turn off at J27 onto the A361 and continue on this road past Tiverton. After nearly 8 miles at Two Gates Cross turn left signed to Rackenford.
In a short distance turn right towards Rackenford at the 'T' junction.
On the edge of the village where the road bears sharp right and there is a turning to the left into the village centre, drive straight ahead signed Witheridge and continue on this road.
The track leading to Lanelands Farm will then be seen after a short distance on the right hand side.
Letting The property is available to let on an assured periodic tenancy, unfurnished and is available immediately. Rent: £1,200 pcm exclusive of all charges.
Deposit: £1,384.00 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
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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.
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FAQ
About Laneland Farm, Tiverton
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