2-bedroom terraced house · EX14 2XE
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented end terrace with parking in a sought after location on the edge town. Available unfurnished on a 6/12 month plus tenancy.
500 sq ft accommodation of open plan living room/kitchen, two bedrooms, bathroom. Small garden one parking space. A pet considered. Available Early July. EPC Band: C.
Tenant Fees Apply Accommodation - Please see floorplan. The house amounts to 515 sqft of accommodation.
Part glazed UPVC door with covered porch leading to Hall - Radiator, telephone point, laminate floor and door to Living/Kitchen Area - Large open plan LIVING AREA with bay window, television point, radiator, fitted carpet and stairs to first floor.
At one end there is the KITCHEN AREA with fitted modern wall, base and drawer units with worksurfaces.
Inset stainless steel sink unit with tiled splash backs, electric oven, hob with extractor, integrated fridge freezer and space and plumbing for washing machine.laminate floor.
Landing - Stairs to landing with fitted carpet, loft hatch and doors to Bedroom One - Double with built in cupboard, radiator, television point and fitted carpet.
Bedroom Two - Single with radiator and fitted carpet.
Bathroom - Modern white suite of bath with shower and shower screen, low level W.C, wash hand basin in vanity unit, heated towel rail and fitted vinyl floor.
Outside - The small garden is to the front of the property and is enclosed by a low picket fence and gate. The garden is laid to lawn with pathway and steps to the front door.
There is a small storage area under the bay window. The property has one allocated parking space with further on street parking nearby. Services - Mains electric, gas, water and drainage.
Council Tax Band: B EPC Band: C Broadband - ofcom Standard8 Mbps0.9 MbpsGood Superfast80 Mbps20 MbpsGood Ultrafast10000 Mbps10000 Mbps Situation - The property is situated in a quiet cul-de-sac on a popular residential estate a short distance from Honiton town centre.
Honiton provides an extensive range of facilities, mainline railway link on the Waterloo line plus access to the A30/A303. The property is a short walking distance to Tesco.
Directions - From Honiton High Street proceed in a westerly direction proceeding out of town and at the first roundabout turn left towards Sidmouth.
Proceed along Sidmouth Road, straight across at the mini roundabout and at the Tesco roundabout turn right into the Heathfield Estate.
Proceed along this road turning right into Chestnut Way, follow this road around and the property will be found at the end of Chestnut Way straight in front of you.
Estate Agents Act 1979 - We are obliged to inform you that the landlord of this property is related to a Partner of Stags.
Renters' Rights Act - The first phase of the Renters Rights Act was implemented on the 1st May 2026. The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at Stags.co.uk.
Lettings - The property is available to let on a assured periodic tenancy and is available Mid July. RENT: £825pcm exclusive of all charges.
DEPOSIT: £951 returnable at end of tenancy subject to any deductions. References required viewings strictly through the agents. Holding Deposit And Tenant Fees - This is to reserve a property.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
For further clarification before arranging a viewing please contact the lettings office dealing with the property.
Tenant Protection - Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme.
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 Chestnut Way, Honiton
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