2-bedroom flat · EX20 1DY
Listing removedListed 138 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A completely refurbished two bedroom first floor apartment situated in the desired location of Station Road with the bonus of a parking space included.
Property additional info Entrance Hall: 3.20m x 1.20m (10' 6" x 3' 11") With a storage cupboard. Newly carpeted with central access to each room.
Living/Kitchen Area: 4.20m x 3.80m (13' 9" x 12' 6") Brand new kitchen including dishwasher and washing machine. Newly laid carpet, modern storage heater and window to the rear aspect.
Bedroom 1: 3.90m x 3.30m (12' 10" x 10' 10") Double bedroom at the front with a lovely bay window modern storage heater and newly laid carpet.
Bedroom 2: 3.10m x 2.30m (10' 2" x 7' 7") Single bedroom, with window to the front aspect modern storage heater and a newly laid carpet.
Shower Room: 2.30m x 1.90m (7' 7" x 6' 3") Shower cubicle hand wash basin low level wc and heated towel rail.
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
FAQ
About Okehampton, Devon, EX20
Explore nearby
