2-bedroom flat · EX14 1HF
Listing removedReduced £45 (−5%) on 16 JulListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom flat in a desirable central location in Honiton.
Benefitting from spacious accommodation, Shared Couryard area & one parking space the property is available End July 2026 on an unfurnished basis! Call us now!
A two bedroom second floor apartment located in a convenient and desirable spot ideal for access to Honiton town centre and the train station.
The property offers a spacious living room with a modrn kitchen, a shower room and two double bedrooms. Shared Courtyard Garden and Parking.
Extremely well presented, the property is offered on an unfurnished basis and is available at the end of July 2026 Call us now to arrange your viewing!
Heating in the property is provided via electric heaters and water and drainage are serviced by the mains supply.
The Ofcom website suggests that internet should be widely available at the property, to include superfast and ultrafast connections and that both mobile and data services should receive good signals from providers in and around the property but that there may be some restrictions indoors for some - however, we always recommend checking with any specific providers you wish to use for further clarity.
Fees apply; • Holding deposit; equivalent to one weeks rent.
(£206) This payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed.
Please see our terms and conditions for more details. • Late payment of rent; 3% above the Bank of England base rate which, after 14 days can be backdated to the day rent was due.
• Any alternations/variations to the tenancy agreement; £50. • All charges are inclusive of vat. A property cannot be held in reserve until all relevant monies have been paid.
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, pulling out or failing the right to rent check.
Details will be put in writing to the tenants within 7 days of the application not proceeding.
Additional fees which may apply; • Any keys or security devices that are lost during the tenancy will be charged to the tenant.
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
Agent & docs
FAQ
About Summerland, Honiton, Devon, EX14
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