1-bedroom house · EX36 4BY
To rentListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Double Room (£750pcm) and large single room (£700pcm) are available in this brand new property located on New Road close to the town centre. Both rooms are located on 2nd floor.
The resident landlord has a bedroom on the 1st floor. There is a Modern Bathroom which would be shared with all house mates.
There is use of open plan shared living room and large kitchen which is fitted with all modern appliances that you would expect in a new home.
All bills (Gas, Electric, water Council Tax and WiFi) are included within the advertised rent.
A deposit of £865 on the double room and £807 on the single room will be required which will be registered with a Government approved deposit agency and certificate issued upon registration.
Available immediately and will be let on licence. Working referred, others considered with Guarantor, Smoking is not permitted in the property. The property will be managed by the Landlord.
Northwood North Devon Ltd is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details EPC rating: A.
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 New Road, South Molton, EX36
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