3-bedroom house · EX15 1LQ
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom terrace house, with an open plan layout downstairs is in a central position, within easy reach of the towns amenities.
EPC: E The property is situated in a quiet position within the cul-de-sac.
The entrance hall has stairs rising to the first floor and leads through to a spacious living/dining room which is open plan to the kitchen and is dual aspect, featuring a large double glazed window to the front allowing natural light to flood through to the rear.
There is a handy understairs cupboard for storage. The kitchen is fitted with base and eye level units and has a back door leading out to the garden.
The landlord will be supplying a cooker and there is space for your own other appliances.
Upstairs there are two doubles and one single bedroom and a brand new family bathroom is being fitted, with a shower above the bath.
Outside to the rear is a low maintenance level garden with flower borders.
Salway Close is in a central but quiet position, a short walk from the centre of Cullompton, which has a range of shops including 'Veyseys', an award-winning butcher's, Tesco, Aldi and Home Bargains supermarkets, take-aways and popular cafes including, 'The Bakehouse', 'The Lime Tree' and 'Nosh'.
Other amenities include two primary schools, Cullompton Community College for secondary education, a contemporary health centre, a library and community centre, a doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
From the town, there are popular walks through the river meadows, adjoining the River Culm, and other routes along the town’s leat and surrounding country lanes.
Cullompton is ideally placed for commuting, with quick access to Exeter via J28 of the M5 or the B3181 main road through Broadclyst and Pinhoe.
There are regular bus services through the town and rail links at Tiverton Parkway and Honiton stations, to London Paddington (in 2 hours) and London Waterloo, respectively.
The 'Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport.
Permitted Payments As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Seddons Lettings ‘the Agent’) Holding Deposit: 1 week’s rent Deposit: 5 weeks’ rent The holding deposit, the equivalent of one weeks rent, will be allocated to the first month’s rent once satisfactory references have been received.
The holding deposit is non refundable, if a tenant withdraws their application once referencing has commenced or, if misleading information is provided or information is withheld on the application form.
For full details of all permitted Tenant Fees payable when renting a property through Seddons please refer to the Scale of Tenant Fees available on Seddons website, office or on request.
For further clarification before arranging a viewing please contact the lettings office dealing with the property.
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 30, Salway Close, Cullompton
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