6-bedroom house · EX4 7AY
Let agreedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description: Well-presented 6 double bedroom house in the popular student area of Monks Road.
The house is a 25 minute walk to both Streatham and St Luke's Campuses, and just a 10 minute walk to the city centre with its extensive range of shops, pubs and restaurants.
The property benefits from an open-plan kitchen/lounge which is furnished with sofas and a breakfast bar with stools.
The utility room houses the washing machine and tumble dryer, and leads to the low-maintenance rear courtyard garden.
Accomodation includes; 6 double bedrooms, 2 shower rooms, open-plan lounge/kitchen with sofas and breakfast bar, utility room with washing machine and tumble dryer, enclosed rear courtyard garden.
Property benefits from gas central heating and upvc double glazing. EPC rating of D58. £176 per person per week / £763 per person per month - excluding bills.
Available Early August Deposit of £600 per person to be paid (Holding deposit of £100 per person will be transferred to the deposit account leaving a balance of £500 to pay).
ONLINE APPLICATIONS USING THE LINK ON THE is easy to follow; you just need to provide full details for all the tenants in your group and their guarantors.
Once submitted you will be directed to a screen to pay the holding deposit of £100 per person. Completing the holding deposit payment will secure the property for you.
The holding deposit will be set against the full deposit due when the tenancy agreement is signed. If you withdraw your application, you will forfeit the holding deposit paid.
If the landlord withdraws the property, or does not accept your application, the holding deposit paid will be refunded.
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
FAQ
About Monks Road, Exeter
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