2-bedroom flat · EX4 6DA
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Student rental property at £195.00 per person per week. A two bedroom, fully furnished student apartment ideally located for the university and city centre.
The property comprises two double bedrooms, living room, kitchen/diner, bathroom and separate shower room and benefits from A garden and off road parking.
Entrance Communal front door to Entrance Vestibule. Wooden front door to: Hallway Wooden Front Door. Smoke alarm. Light switch.
Power sockets door leading to: Living room 18' 3" x 13' 9" (5.56m x 4.19m) Double glazed window to front elevation. Curtain track and curtains over. Ceiling spotlights. Radiator.
Electric fire with tiled surround and wooden mantle over. Wooden varnished floorboards. Ample power points. TV aerial point.
Bedroom one 12' 1" x 13' 7" (3.68m x 4.14m) Double glazed window to rear elevation. Curtain track and curtains over. Ceiling spotlights.
Double built in wardrobe with hanging rail, shelving and cupboards over. Radiator. Ample power points. TV and Internet points. Beige carpet.
Light switch bedroom two 7' 10" x 11' 2" (2.39m x 3.4m) Double glazed window to side elevation. Ceiling spotlights. Built in double wardrobe with hanging rail and shelves. Radiator. Power points.
TV point. Internet points. Light switch bathroom 7' 10" x 5' 7" (2.39m x 1.7m) Double glazed window to side elevation. Enclosed ceiling light. Extractor fan. Fully tiled.
Low level WC, Pedestal hand wash basin and bath all in white with chrome furniture. Over the bath a Mira shower, curtain pole and curtain. Mirror. Light with shaver point. Radiator. Heated towel rail.
Vinyl floor covering. Light pull cord kitchen/diner 12' 8" x 9' 9" (3.86m x 2.97m) Double glazed window to rear elevation. Partly glazed back door leading to garden. Tiled floor.
Stainless steel sink and drainer. Built in oven and electric hob with chrome extractor over. Washing machine. Tumble drier. Dishwasher. Worcester Bosch combi boiler. Integrated fridge/freezer.
Good range of wall and base units with formica roll edged work tops. Tiled splash backs. Ample power points. Ceiling spotlights. Velux window. Radiator. Light switches.
Outside To the rear is a Courtyard Garden with paving and various flower borders. There is also a rear gate to off road parking spaces.
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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About Flat 1, 12, Powderham Crescent, EXETER
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