1-bedroom terraced house · EX1 2HW
No longer listedListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a recently redecorated Second Floor bedsitting room being part of this substantial terraced House. It also benefits from new flooring and furniture.
It is within walking distance of local shops, superstore and the RD&E Hospital. It has its own kitchenette area and large bay window.
Communal facilities include 2 shower rooms, along with gas fired central heating and uPVC double glazing. Available immediately. Furnished. EPC: D (55).
Communal Entrance door leading to Hallway with communal staitrcase to: Second floor: Landing. Private door leading into bedsitting room.
Kitchenette area having built in base units, with worktops and tiled splashbacks over, stainless steel sink unit, space having undercounter fridge, brand new tabletop oven with 2 hotplates.
Bedsitting area having large bay window, wall shelving and radiator. Brand new furniture to include single divian bed with two storage drawers, chest of drawers & single wardrobe.
Communal shower room having shower fitting with sliding door, wash basin, WC. 2nd Shower room having enclosure with sliding door, wall mounted chrome ladder & radiator.
Facts: Rent: £600 per calender month, invclusive of utilities.
*Holding Deposit:£138 Deposit: £692 Total Annual Household Income required to meet affordability: £18,000 Type: Furnished Furniture/Appliances: Undercounter Fridge, counter top mini oven and hob.
Heating: Gas central heating Council Tax: N/A Utilities: Included in Rent Term: Assured Periodic Tenancy Restrictions: Sorry no students Availability: Immediately *When applying for a tenancy there will be a holding deposit.
Please ask our staff for further details. 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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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 Polsloe Road, Exeter
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