1-bedroom flat · EX20 1GD
Listing removedListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom first floor flat with allocated parking and gas central heating. If the property is of interest please contact us for an application form.
Details Rent Payable - £675 per calendar month in advance exclusive of rates (general & water) Deposit - £778 Services - Mains water, drainage and electric, gas central heating Council Tax Band-a Network Providers- All networks available ( ofcom) Broadband- Standard and Superfast available ( ofcom) Type of tenancy- Periodic tenancy Please note photos are not recent due to tenant being in situ Tenancy Procedure The procedure to apply for a property is as follows.
Tenants are asked to complete application forms for referencing which are submitted to Letmojo who are an independent reference agency.
A holding deposit equivalent to one weeks rent is payable upon receipt of a draft tenancy. This will be non refundable should the tenant change their mind and not proceed with the tenancy.
Please do not hesitate to contact us with any questions or concerns regarding the application procedure.
We aim to make the process as easy as possible and are always happy to help and do what we can to move you in to your new home. We are part of the Client Money Protect Scheme.
Entrance From the communal stairs the front door opens to the Entrance Hall Hard wearing entrance mating and storage cupboard.
Hallway Fitted carpet Kitchen A range of wall and floor units, inset hob and built in oven with extractor hood over. Living/Dining Room Double aspect room with fitted carpet and radiator.
Bedroom Fitted carpet and radiator. Bathroom A white suite comprising of closed couple toilet, pedestal wash basin and bath with shower over. Outside Communal bin store and an allocated parking space.
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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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
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FAQ
About 4B, Stock Park, Okehampton
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