2-bedroom house · EX20 1TZ
To rentListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An unfurnished modern 2 bed end terraced house with gas central heating and double glazing, situated on a popular development.
Due to significant demand we ask that you let us know if the property is of interest whereupon you will be invited to complete a short application form.
We will put forward applications to our client before conducting physical viewings. Link to application form Tenancy Procedure The procedure to apply for a property is as follows.
Tenants are asked to complete application forms for referencing which are submitted to Letmojo who are an independent reference agency.
A holding deposit equivalent to one weeks rent is payable upon receipt of a draft tenancy. This will be non refundable should the tenant change their mind and not proceed with the tenancy.
Please do not hesitate to contact us with any questions or concerns regarding the application procedure.
We aim to make the process as easy as possible and are always happy to help and do what we can to move you in to your new home.
Details Type of tenancy - Periodic tenancy Rent Payable - £850 per calendar month in advance exclusive of rates (general and water).
Deposit - £980 Unfurnished Services - Electricity, Mains water & drainage, gas Mobile Network- All providers available ( ofcom) Broadband-Standard, Superfast & Ultrafast available ( ofcom) Council Tax Band-b
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, Quarry Fields, Okehampton
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