2-bedroom flat · EX20 1AG
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well presented top floor apartment is located within a purpose built development close to the centre of Okehampton.
From the living room and kitchen there is a pleasant outlook over the communal gardens. The accommodation on offer is accessed via a communal entrance hall which leads into the apartment.
There is an entrance hall, lounge/dining room, kitchen, two bedrooms and a shower room. Externally there are communal gardens, off road parking and visitor parking.
Council Tax Band: A (West Devon Borough Council) Deposit: £865 Holding Deposit: £170 Entrance Hall Communal Entrance Hall, stairs up to front door and entrance hall.
Lounge/Diner (5.3m x 4.2m) Kitchen (3.9m x 2.3m) Bedroom 1 (4.0m x 2.8m) Bedroom 2 (2.8m x 2.0m) Shower Garden Communal gardens. Allocated parking for one vehicle.
Agents Note Important Notice: In accordance with the Estate Agents Act 1979, we declare that this property is owned by a director/member of staff at gss Property South West Limited.
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 15 The Chantry, Okehampton
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