1-bedroom flat · EX15 1JW
Listing removedListed 184 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suitable for a single occupant, this smart studio flat is situated in a convenient location in the town centre, providing easy access to local amenities and main road links.
Sorry not suitable for pets.
EPC: C Longdescription This well presented studio flat comprises of a communal entrance, with secure key fob entrance to the flat, a modern open plan kitchen/living/bedroom space, a modern shower room and access to loft space.
Located right in the heart of Cullompton's town centre with a range of shops on the doorstep, including an award winning butcher's, Costa, Tesco, Aldi and Home Bargains supermarkets and a popular coffee shop and wine bar, 'The Bakehouse'.
Other amenities include a contemporary health centre, a library, a leisure centre and various pubs, takeaways and restaurants.
Cullompton is ideally placed for commuting, with Junction 28 of the M5 giving access to Exeter southbound and Taunton northbound.
Regular bus services run through the town and there are regular rail links at Tiverton Parkway located at Junction 27 of the M5. Sorry not suitable for pets and suitable for single occupants only.
Permitted Payments As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Seddons Lettings ‘the Agent’) Holding Deposit: 1 week’s rent Deposit: 5 weeks’ rent The holding deposit, the equivalent of one week’s rent, will be allocated to the first month’s rent once satisfactory references have been received.
The holding deposit is non-refundable, if a tenant withdraws their application once referencing has commenced or, if misleading information is provided or information is withheld on the application form.
For full details of all permitted Tenant Fees payable when renting a property through Seddons please refer to the Scale of Tenant Fees available on Seddons website, office or on request.
For further clarification before arranging a viewing please contact the lettings office dealing with the 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
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FAQ
About Flat 7, 7, Lloyds House, Cullompton
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