2-bedroom house · EX4 9AG
Listing removedListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented and decorated 2 double bedroomed End Link House located in the popular area of Beacon Heath close to local shops and supermarket.
There is local bus service passing close by providing transport to the City Centre. The property benefits from gas fired central heating and uPVC double glazing. Benefits from a large rear garden.
Unfurnished. Available late September. EPC: D (59). Accommodation comprises: Ground Floor: Storm Porch with uPVC double glazed door to Hallway, double radiator, understairs cupboard. Lounge/Diner.
Attractive fireplace with recess for electric fire, double radiator, built-in cupboard housing gas fired boiler for hot water and central heating systems, double aspect to the front and rear.
Kitchen, fitted with a range of built-in units comprising base units with cupboards and drawers under and matching wall cupboards, stainless steel sink unit, space and plumbing for automatic washing machine, built-in ceramic hob and stainless steel oven, larder recess ideal for fridge/freezer, uPVC double glazed door to rear garden.
First Floor: Landing. Bedroom1 (Double) Front. Built-in wardrobe. Bedroom 2 (Double), Rear.
Bathroom, white suite comprising panelled bath with tiled surrounds and electric shower, wash basin, W.C., extractor fan, wall mirror. Outside: Front Garden, lawned with hedging.
Side entrance leading to Rear Garden, small patio area, lawns, shrubs and mature trees. Brick-built Shed for storage having electric light and power.
Key Facts: Rent:£1,095 per calendar month, exclusive of utilities Deposit:£1,263 *Holding Deposit:£252 Total Annual Household Income required to meet affordability:£32,850 Type:Unfurnished Furniture/Appliances:Built-in ceramic hob and stainless steel oven Heating:Gas central Heating Utilities:Water, Electricity, Council Tax Council Tax Band:B District:Exeter City Council Terms:Assured Periodic Tenancy Restrictions:Sorry no Students Availability:Late September 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
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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 Merlin Crescent, Beacon Heath, Exeter
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