1-bedroom flat · EX2 8TP
Listing removedListed 43 days · slow let
Opportunity summary
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About
Well-presented and recently redecorated 1 bedroomed First Floor Flat being part of a block of eight flats located in the popular area of Alphington.
Local amenities are within walking distance along with access to the M5 Motorway. It benefits from uPVC Double Glazing and Gas Fired Central Heating. Unfurnished. Available Immediately. EPC: C (77).
Accommodation Comprises: Ground Floor: uPVC front door opening into Entrance Lobby, radiator, stairs leading to: First Floor: Landing, access to loft where the gas fired boiler is located (supplying hot water and central heating) N.B.
Please note that the tenant will NOT have the use of the attic but will have access for the boiler. Lounge/Diner, having large built-in cupboard with slatted shelving, radiator, view to front.
Kitchen, well fitted with a range of units having white doors and worktops with tiled splashbacks incorporating single drainer stainless steel sink unit, space below and plumbing for automatic washing machine, large larder style cupboard, space for fridge, electric cooker supplied, matching triple wall cupboards, radiator.
Bathroom having white suite comprising wooden panelled bath, electric shower over and glazed shower screen, pedestal wash basin, close coupled W.C., wall-mounted chrome ladder style radiator.
Outside: Allocated Parking Space. Please note there is no garden with this property.
Key Facts: Rent:£825 per calendar month, exclusive of utilities Deposit:£951 *Holding Deposit:£190 Total Annual Household Income required to meet affordability:£24,750 Type:Unfurnished Furniture/Appliances:Electric cooker Heating:Gas Central Heating Utilities:Gas, Water, Electric, Council Tax Council Tax Band:B District:Exeter City Council Terms:Assured Periodic Tenancy Restrictions: Sorry, no Children, no Students, not suitable for pets.
Only suitable for a single professional person or couple. *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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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.
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About Corn Mill Crescent, Exeter
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