2-bedroom house · EX4 7BX
Listing removedListed 97 days · slow let
Opportunity summary
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About
Spacious 2 double bedroomed Coach House being part of a modern development within walking distance of local shops, supermarket and bus service for the City Centre.
Prior to a new tenancy commencing, the property will be totally redecorated. It benefits from uPVC double glazing and gas fired central heating. An added benefit is the garage. Unfurnished.
Available beginning of September. EPC: TBC.
Accommodation Comprises: The property is accessed under the archway to the rear Ground Floor: uPVC Entrance door to: Lobby: Radiator, courtesy door leading to garage, staircase to: First Floor: Landing: Built-in cupboard having gas fired boiler for hot water and central heating, slatted shelving, radiator.
N.B. The tenant WILL NOT have access to the loft as this will void the building insurance. Open Plan Living Room/Kitchen.
Kitchen Area, well fitted with a range of units having cupboards and drawers with worktops over, matching wall cupboards, built-in stainless steel oven, gas hob and cooker hood over, stainless steel sink unit with space and plumbing for washing machine, space for fridge/freezer.
Living Room Area having twin aspect, laminate flooring. Bedroom 1 (Double) Bedroom 2 (Double) Bathroom, panelled bath with shower over, wash basin, WC, radiator.
Outside: Integral Garage, electric light and power, courtesy door at front. Large walk in understairs Store Area. N.B There is no outside space with this property.
Key Facts: Rent: £1,100 per calendar month, exclusive of utilities Deposit: £1,269 *Holding Deposit: £253 Total Annual Household Income required to meet affordability: £33,000 Type: Unfurnished Furniture/Appliances: Built-in stainless steel oven, gas hob and cooker hood over Heating: Gas central heating Utilities: Gas, Electric, Water, Council Tax Council Tax Band: B District: Exeter City Council Terms: Assured Periodic Tenancy Restrictions: Sorry no Students Availability: Early September *When applying for a tenancy there will be a holding deposit.
Please ask our staff for further details. Please contact Cardens Residential on or email to arrange your viewing.
*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.
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