2-bedroom flat · EX14 2UZ
Let agreedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented and modern two bedroom ground floor flat with garage and garden space in a popular residential area.
Offered unfurnished and available October 2026 Two bedroom ground floor apartment in a popular residential area within easy distance of Honiton town centre.
Accomodation briefly consists of a spacious living room/diner, fully fitted and modern kitchen with white goods in situ, recently refurbished bathroom with walk in shower, a master bedroom with built in storage and a second bedroom with additional cupboard.
Heating at the property is supplied via electric room heaters and water and drainage are on the mains supply.
Ofcom suggests that broadband, superfast and ultrasfast connections should be widely available at the property and that there should be both voice and data services available with a majority of suppliers, however, we recommend checking with any specific supplier you wish to use for confirmation.
Available October 2026 Call us now to arrange your viewing! Fees apply; • Holding deposit; equivalent to one weeks rent.
(£196) This payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed.
Please see our terms and conditions for more details. • Late payment of rent; 3% above the Bank of England base rate which, after 14 days can be backdated to the day rent was due.
• Any alternations/variations to the tenancy agreement; £50. • All charges are inclusive of vat. A property cannot be held in reserve until all relevant monies have been paid.
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, pulling out or failing the right to rent check.
Details will be put in writing to the tenants within 7 days of the application not proceeding.
Additional fees which may apply; • Any keys or security devices that are lost during the tenancy will be charged to the tenant.
The property is located in a popular residential location close to Honiton own centre and all associated amenities. Outside, the property benefits from garage parking and a private garden area.
Visitor parking is also available.
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 4, Meadows Crescent, Honiton
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