1-bedroom house · EX2 8YN
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern 1 double bedroomed Corner House, located in the popular area of Alphington and within walking distance of local shop, doctors surgery, Church and Inns.
Marsh Barton and the A30 and A38 dual carriageways, and the M5 Motorway junctions are within easy reach. It benefits from uPVC double glazing and Economy 7 electric heating. Unfurnished.
Available late December. EPC: D (64).
Accommodation comprises: Ground Floor: Entrance Porch, uPVC double glazed entrance door to: Hallway, wall-mounted coat hooks, meter cupboard, stairs to first floor.
Kitchen, fitted with a superb range of built-in units comprising stainless steel sink unit, space and plumbing for washing machine, range of base units with worktops over and tiled splashbacks, built-in ceramic hob, built-in stainless steel oven, built-in stainless steel cooker hood over, space for fridge/freezer, matching wall cupboards.
Living Room, understairs cupboard, night store heater. First Floor: Landing, access to loft. Store Room having electric light.
Double Bedroom, wall-mounted electric panel radiator, built in airing cupboard with immersion heater, slatted shelving, built-in deep wardrobe with hanging rail and shelf.
Shower Room, with white suite having quadrant shower cubicle with sliding doors, electric shower, wash basin set in vanity unit, WC, wall-mounted electric towel radiator, ceiling-mounted extractor fan.
Outside: Front Garden having chipping area, shrubs and trees. Allocated Parking Space in the car park to the rear of the property.
Key Facts: Rent: £950 Deposit: £1,096 *Holding Deposit: £219 Total Annual Household Income required to meet affordability: £28,500 Type: Unfurnished Furniture/Appliances: Built-in ceramic hob, stainless steel oven and stainless steel cooker hood over Heating: Electric Heating Utilities : Water, Electricity, Council Tax Council Tax Band: A District: Exeter City Council Terms: Assured Periodic Tenancy Restrictions : Sorry, this is not suitable for children or students Availability: Late December 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
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
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FAQ
About Smithfield Road, Exeter
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