1-bedroom flat · EX20 1AW
Listing removedListed 159 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor flat situated in the centre of Okehampton whilst benefitting from off road parking.
If the property is of interest please follow the link to an application form - Tenancy Procedure The procedure to apply for a property is as follows.
Tenants are asked to complete application forms for referencing which are submitted to Letmojo who are an independent reference agency.
A holding deposit equivalent to one weeks rent is payable upon receipt of a draft tenancy. This will be non refundable should the tenant change their mind and not proceed with the tenancy.
Please do not hesitate to contact us with any questions or concerns regarding the application procedure.
We aim to make the process as easy as possible and are always happy to help and do what we can to move you in to your new home.
Details Rent Payable - £750 pcm exclusive of rates Deposit - £865 Unfurnished Services - mains electricity, water and drainage.
Council Tax Band- A Broadband -Superfast and Standard available (ofcom) A upvc double glazed front door opens to the Entrance Hall With fitted foot mat, fitted carpet and storage cupboard.
Living Room With fitted carpet, night storage heater, electric heater, door to balcony and t.v point.
Kitchen Fitted with a range of matching floor and wall units with a laminate roll top work surface, inset stainless steel bowl sink, electric oven, inset electric hob with extractor hood over and vinyl floor covering.
Bedroom One With fitted carpet and night storage heater.
Shower Room Fitted with a glass enclosed shower cubicle, vanity wash basin, close coupled toilet, electric towel rail, extractor fan and vinyl floor covering.
Outside A door from the living room gives access to the balcony. The property also benefits from a parking space.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About 34, Red Lion Yard, Okehampton
Explore nearby
