1-bedroom flat · EX13 5PA
To rentListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly refurbished ground floor, large studio apartment close to Axminster town centre with its own private entrance. Available early November.
The accommodation comprises of lounge/kitchen/bedroom, bathroom, communal laundry room and allocated parking for one car.
The rent is exclusive of all utility bills including council tax, mains electric, water and drainage. As stated on the Ofcom website, indoor mobile signal is limited, outdoor mobile signal is likely.
There is a very low risk of flooding as stated by the website. The property has electric central heating and is let unfurnished.
Rent - £575.00 per calendar month / £132.00 per week Holding Deposit - £132.00 Security Deposit - £663.00 Council Tax Band - A EPC Band - D Situation Axminster is a country town on the Eastern fringes of Devon, close to borders with Dorset and Somerset.
It offers a selection of shops including two supermarkets; plus schools, churches, health centre and hospital. It also plays host to Hugh Fearnley-Whittingstall's River Cottage Canteen.
Directions What3words- ///twins.pets.barstool
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
Agent & docs
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FAQ
About Flat 2, West House, Axminster
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