3-bedroom terraced house · EX5 7HZ
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 2023, this 3-bed terraced property has had all the new-build snagging completed and is ready for new occupants as of the end of October 2026.
The property comprises of an entrance hallway going into the lounge. To the rear you will find the open plan kitchen/diner that opens up to a south east facing garden, brilliant for the summer months.
Upstairs you will find 3 bedrooms (2 double, 1 single), with a master en-suite and family bathroom. Outside there is a laid to lawn garden and allocated parking for 2 cars.
The property is located to the furthest part of the Cranbrook estate, located close to the Cranbrook Ecology Park, good for dog walking.
The M5 junction is just a 10 minute drive away, with access to Bristol in 1 hour 10 minutes.
The property is rented by a professional landlord and is managed by their appointed managing agent who overseas their portfolio.
This property is offered with a traditional 5 week security deposit (payable on move in) or a deposit alternative, equivalent of 1 weeks worth of rent (inquire for details).
*Affordability - You need to be earning £48,125 per annum with no adverse credit history (CCJs/IVAs/Bankruptcy).
If you do not meet this criteria, then you will need to have a UK based guarantor who meets the requirements above and owns their own home.
Please note, any adverse credit history needs to have been settled, or on a payment plan which can be evidenced as being paid, even with a guarantor.
*Council Tax Band - C *Energy Performance Rating - B *PLEASE NOTE PHOTOS ARE OF AN IDENTICAL UNIT, BUT NOT THE SUBJECT. PLEASE VIEW TO SEE PROPERTY*
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 Apple Way, Cranbrook, Devon
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