2-bedroom semi-detached house · EX15 1GP
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi detached house with two double bedrooms, two bathrooms, a garden and one parking space is situated on a popular development on the outskirts of Cullompton.
EPC: C Longdescription - Situated on the popular Kingfisher Reach development on the edge of town, this modern two bedroom property is ideally situated for all local amenities.
The property comprises of; hallway, cloakroom, hallway cupboard, kitchen with oven, hob and hood, spacious living/dining room, a family bathroom and two double bedrooms one with an en-suite shower room.
Outside, there is a lawned rear garden with side access and a dedicated parking space.
The town gives quick access to junction 28 of the M5, leading south to Exeter and all points north, including junction 27 with the nearby Parkway station at Sampford Peverell with regular inter city services.
Exeter can also be accessed by the B3181 main road, via Broadclyst. 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 week’s 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 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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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 Parlour Mead, Cullompton, Devon
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