1-bedroom flat · EX14 1BS
Listing removedReduced £50 (−5.6%) on 8 JulListed 145 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Honiton is a market town and civil parish in East Devon famous for its lace and pottery, situated close to the River Otter, 17 miles north east of Exeter.
The town centre offers an abbundance of independant shops, restaurants and cafes to enjoy. Honiton Train Station is nearby along with regular bus services and connections from Exeter and Taunton.
As it is located within the East Devon Area of Outstanding Natural Beauty, you’ll have an abundance of walks, cycle trails and outdoor space for all manner of pursuits right at your fingertips.
The Jurassic Coast and South West Coast Path are just a few miles away too, giving you easy access to a host of pretty seaside towns, coastal walks.
Renovated to a high standard this 1 bedroom apartment would suit a working professional couple or single occupant likewise.
The light and airy accomodation comprises open plan kitchen/living/diner, shower room and double bedroom. There is also access to a communal bike store and shared courtyard area.
Additional Information: Council Tax Band: B Holding Deposit: £207.00 Supurb First floor apartment 1 double bedroom Open plan kitchen/living diner Shower Room Communal outside area with bike store Town centre location close to amenities
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About Flat 2, Honiton
Explore nearby
