3-bedroom flat · EX4 2AR
Listing removedListed 73 days · slow let
Opportunity summary
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About
Description This light and spacious maisonette offers over 1700 sq foot of living accommodation over two floors including three bedrooms, master with en suite and a further shower room and cloakroom.
The kitchen has a range style cooker, there is a generous patio to the rear plus parking for up to three cars.
Resident's also benefit from the use of three acres of communal gardens and a tennis court. Accommodation Comprises Communal door opens into entrance hallway with side door to the garage. Door to No.
2 opens into... Hallway Under stairs storage cupboard. Coat hooks. Radiator. Stairs rising to.. First Floor Landing Airing cupboard with water tank and shelving. Doors to..
Sitting/Dining Room (5.64m x 4.67m) Generously proportioned sitting/dining room with double glazed doors opening onto a Juliet balcony offering plenty of natural light and lovely views. Wall lights.
Two radiators. Carpet. Door to.. Kitchen (3.58m x 2.46m) Stylish fitted kitchen with a range of floor and wall mounted cupboards and drawer units including a tall larder cupboard.
Range style cooker with 6 ring hob, oven and grill with extractor hood over. Space for fridge/freezer, dishwasher and washing machine. Single sink unit with mono tap.
Double glazed window to side with blind. Radiator. Vinyl. Cloakroom Comprising WC and wash hand basin in vanity unit with fitted cupboards beneath and mirrored cabinet over. Heated hanging rail.
Obscured double glazed window with blind. Vinyl. Bedroom One (4.3m x 2.67m) Dual aspect room with double glazed window to side and rear. Fitted bedside lights. Built in wardrobe with mirrored doors.
Radiator. Carpet. Door to.. En Suite White suite comprising shower cubicle, wash hand basin in vanity unit with cupboards below and mirrored cabinet above, WC and heated towel rail.
Obscured double glazed window with vertical blind. Vinyl. Stairs rising to.. Second Floor Landing Large landing with space for home office. Two Velux windows with remote controlled blinds. Radiator.
Doors to.. Bedroom Two (6.43m x 4.14m) Large double glazed window providing lots of natural light and enjoying beautiful views across the city. Fitted bedside lights.
Wall to wall mirrored fronted wardrobes with rail and shelving. Radiator. Carpet.
Shower Room Large shower cubicle, WC and wash hand basin in vanity unit with cupboards below and a mirrored cabinet above. Heated towel rail. Velux with blind. Vinyl.
Bedroom Three (4.57m x 3.58m) Double glazed window to front. Fitted bedside light. Large mirrored front wardrobe with rail and ample storage to the rear. Radiator. Carpet.
Outside To the rear of the property, accessed via a path to the side, is a good size paved courtyard with rotary line.
The property benefits from parking for up to 3 cars and a garage, also the use of three acres of communal grounds and the tennis court.
Tenancy Information The property will be available for rent from August 2026, t at £1350 per calendar month (excluding bills).
To secure your application for this desirable property, a holding deposit of £311 is required.
Once you pass the referencing process and sign the tenancy agreement, we shall apply the holding deposit toward your first month's rent.
Prior to moving in, a deposit of £1,557 and the first month's rent must be paid. All tenants and guarantors are subject to satisfactory referencing and credit checks before the tenancy can commence.
Please remember that descriptions and measurements are intended for guidance only they do not constitute part of any contract.
Services Information provided by the landlord- broadband-Potential to connect to BT, Sky and Virgin in the area.
Parking- Three Car Spaces and a garage services- Gas mains, water mains and electric mains. Council tax- C
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
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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 2 The Gate House,, Cleve Lane, Exeter2 The Gate House
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