2-bedroom terraced house · EX4 7BE
Listing removedListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious two bedroomed Ground Floor Flat located in this popular residential area and being within walking distance of local shops, University, the RD&E Hospitals and the City Centre.
It benefits from Upvc double glazing and gas fired central heating. Unfurnished. Available early August. EPC: D (64). Accommodation Comprises: Communal Entrance door leading into Communal Hallway.
Private entrance door into Flat. Hallway. Lounge, feature brick T.V. stand/shelf space, deep bay window, wall lights, radiator.
Kitchen/Dining Room, fitted with a range of base units having cupboards and drawers below worktops with tiled splashbacks, 1 ½ bowl stainless steel sink unit, built in ceramic hob with stainless steel splashback, stainless steel cooker hood over and built-in electric oven, matching wall cupboards, wall mounted gas boiler for hot water and central heating supplies, radiator, washing machine and fridge/freezer supplied.
Double Bedroom, radiator. Single Bedroom/Office, useful understairs wardrobe/storage space, radiator.
Bathroom, white suite comprising panelled bath with shower fitment over, glazed shower screen, pedestal wash basin, W.C., ladder style radiator, wall mounted mirror and electric/shaver point, wall mounted mirror medicine cabinet.
Outside: Front Enclosure. Rear courtyard area with flower beds.
Key Facts Rent:£995 per calendar month, exclusive of bills Deposit:£1,145 *Holding Deposit:£229 Total Annual Household Income required to meet affordability:£29,850 Type:Unfurnished Furniture / Appliances:Ceramic hob, electric oven, cooker hood, washing machine, fridge/freezer Heating: Gas Central Heating Utilities: Water, Gas, Electricity, Council Tax Council Tax band: A District: Exeter City Council Term:Assured Periodic Tenancy Restrictions:Sorry, no Students Availability: Early August Please contact Cardens Residential on or email to arrange viewings or for further information *Holding deposit: The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
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
FAQ
About Monks Road, Mount Pleasant, Exeter
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