6 × 1-bed flat + 6 × 2-bed flat
To rentListed 1 day
Opportunity summary
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About
Property Reference: 3085566.
Key Features New property constructed exclusively for renters Double bedrooms with fitted wardrobe Domestic Appliances included - fridge-freezer, washing machine/dryer, dishwasher Private off road allocated parking space Energy Performance (EPC) rating of ‘A' Solar Panels for the benefit of the tenant Sustainable low carbon district heating system Fitted blinds included for all windows Glass Juliet balconies Superfast fibre to the premises broadband Cleaners and gardeners to maintain the communal areas Safe and secure environment with CCTV to communal areas Secure bike store Council Tax Band A Property Description We are delighted to introduce our one bedroom apartment available at Principia.
This stunning new build development consists of six one-bedroom apartments and six two-bedroom apartments.
Included within this spacious property is a bathroom with a shower over the bath and a fully fitted kitchen, complete with a washing machine/dryer, dishwasher and fridge-freezer.
An off-road allocated parking space is included.
As a result of the solar panel array dedicated to each apartment, high grade energy efficient construction, and low carbon heating system, the occupants of Principia will become part of the low carbon, sustainable living community of Exeter.
Located within walking distance of bus stops, a train station and Exeter Science Park, this apartment is conveniently positioned, within easy reach of the beautiful beaches of East Devon, and has good transport links and connections on the doorstep.
The M5 and A30 is only a stone's throw away and Exeter Airport is under three miles away. The city of Exeter and the mainline Railway Exeter St David's is just five miles away. Council Tax Band A.
Notes to the applicant Demand for the property is expected to be very high.
Any applicant should therefore take note of the following to avoid disappointment: Pets are not possible for insurance reasons Smoking is not permitted within the property The total annual household income of the applicant/s must be no less than 33 times the monthly rent.
Therefore, the applicant/s require a total household income of no less than £32,175 To reserve the property 1 weeks rent is payable as a holding deposit, this will go towards the full deposit should referencing be satisfactory.
The holding deposit will not be refundable should you fail referencing or withdraw your application to rent the property. To apply for this property you may be required to provide a Tenancy Guarantor.
The 1st calendar month of rent will need to be paid in advance, and the deposit paid in full, before commencement of the tenancy Summary & Exclusions: - Rent Amount: £1,095.00 per month (£252.69 per week) - Deposit / Bond: £1,263.46 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 23 October 2026 - Maximum number of tenants is 2 - No Students - Smokers considered - Bills not included - Property has parking - No Garden Access - EPC Rating: A If calling, please quote reference: 3085566 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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.
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About Principia Jennings Gardens, Exeter
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