2-bedroom house · EX15 1NN
Listing removedListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property & location: This is an unfurnished semi-detached two bed house in the popular Head Weir Road area of Cullompton, ideally situated to access local amenities, the M5 and the Parkway Station.
Accommodation: The property has gas central heating, is double glazed and comprises of: Entrance and living room: Enter directly into the main living room, with a large, double-glazed window overlooking the play park making for a light bright room, with one radiator kitchen: A good-sized room with space for a table and chairs.
A range of white kitchen wall and base units, a double electric fan oven, gas hob and cooker hood.
Space and plumbing for a washing machine, one double glazed window overlooking the rear garden and a door for access stairs and landing: From the living room with one radiator and access to the loft space bedroom one: A good-sized double room with a single radiator and double-glazed window overlooking the rear garden.
This room also benefits from a useful built in double wardrobe bedroom two: Another double size room with a single radiator and double-glazed window bathroom: A modern white suite comprising of a wash hand basin, WC and bath with a shower off the taps With a double-glazed window, large ladder towel radiator and ceiling extractor fan.
The built-in airing cupboard houses the Worcester gas combi boiler and provides some useful storage space outside: Garden: An enclosed rear garden with access both from the front and rear, with an outside tap and wooden garden shed.
The garden comprises of both patio and lawned areas with an attractive border of shrubs to the side parking: Driveway parking to the front of a single garage please note: The landlord has requested non-smokers appliances: Appliances, where provided will not necessarily be replaced or repaired by the landlord.
This is at the sole discretion of the individual Landlord and any appliances noted in the details will not necessarily remain at the property.
It is the prospective tenant/s responsibility to satisfy themselves by checking with the landlord / agent which appliances will remain in the property prior to paying the holding deposit.
Services: The Tenant is responsible for all services at the property including electricity, gas, water rates, oil, TV licence, telephone and Council Tax.
Rental: The property is to be let on an assured shorthold tenancy at a rental of £950.00 per calendar month, payable in advance.
In-going costs: A Holding Deposit the equivalent of one week's rent is required to be paid prior to Homefinders taking up references, to reserve a property.
A Deposit the equivalent of 5 weeks rent is required to be paid at the commencement of a tenancy, which is withheld until after the final inspection of the property at the end of the tenancy, subject to any agreed deductions.
All deposits for property let through Homefinders Devon & Somerset Ltd are registered with TDS (Custodial).
Please note that the need for a Guarantor may not become apparent until we start referencing an applicant or joint applicants or until all references for an applicant or joint applicants has been received.
Viewings: Strictly by appointment only These particulars only give a general outline of the property.
It is the prospective tenant/s responsibility to satisfy themselves of the correctness of each of the particulars prior to paying the holding deposit.
Client Money Protection Homefinders (Devon & Somerset) Ltd protect their clients monies through Money Shield.
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
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FAQ
About 10, Head Weir Road, Cullompton
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