2-bedroom terraced house · EX4 4LY
Listing removedListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Comprises Front door opens into a porch with a further multi-paned glass door into hallway with wood effect laminate flooring.
Off the hallway a door leads into the dining room with cupboards built into the alcoves and door to under stairs cupboard.
An archway leads through into the lounge with a feature fireplace - a granite mantle with ornamental log burner. The kitchen has a range of wall and floor units with marble effect work surfaces.
Appliances include a double oven Rangemaster cooker with 5 gas rings and washing machine. The utility area has a fridge freezer.
Stairs to first floor landing off which is the bathroom with shower over a panelled bath, pedestal wash hand basin, WC and a ladder style heated towel rail. There are two double bedrooms.
An enclosed rear courtyard with a small patio area with mature borders.
Key Facts Rent: £1,250 per calendar month exclusive of utilities Deposit: £1,440 *Holding Deposit: £288 Total Annual Household Income required to meet affordability: £37,500 Type: Unfurnished Furniture/Appliances: Fridge/freezer, electric oven and hob with extractor and washing machine Heating: Gas central heating Utilities: Water, Electric, Gas and Council Tax Council Tax Band: B District: Exeter City Council Terms: Assured Periodic Tenancy Restrictions: 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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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 Hoopern Street, Exeter
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