2-bedroom house · EX15 1ED
Listing removedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly renovated to include a brand new kitchen, fresh decoration and carpets throughout, this 2-3 bedroom terraced cottage is well situated in the heart of Cullompton with easy access to supermarkets and town centre amenities.
EPC: D Upon entering, you are welcomed into a homely feeling living room, which flows through to an adjoining dining room.
The galley-style kitchen has been newly fitted and features an integrated cooker, with additional space for your own appliances. A rear door provides access to the garden.
Just outside the bathroom, there is dedicated space with plumbing for a washing machine.
The recently revamped bathroom has a contemporary finish, featuring a shower over the bath, a basin with vanity unit, gold mixer tap and matching mirror.
Upstairs, there are two well-proportioned double bedrooms. From the second bedroom, a doorway leads to a staircase providing access to a versatile attic room.
Complete with a Velux window and electric heater, the attic is ideal for use as a home office or study, or simply as additional storage space, offering easy access without the need to climb through a loft hatch.
Outside, the fully enclosed rear garden is thoughtfully tiered, offering a combination of patio and lawned area, creating a great space for outdoor dining, entertaining and relaxing.
There are numerous options for on street parking available close by. 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 weeks 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 48, Exeter Road, Cullompton
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