3-bedroom house · EX15 1PB
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefitting from a central location, within easy reach of the town's amenities, this semi detached house sits on a generous sized plot with it's own driveway, a garage and a substantial south facing garden.
EPC: C On entering there is a handy porch leading into the entrance hallway where there is access to a cloakroom and integral access to the garage.
The kitchen has an integrated electric cooker with gas hob and is big enough to house a small dining table.
The spacious lounge has a large window overlooking the garden at the rear and flooding the room with natural light.
On from the lounge, the property has been extended to create a second reception room, ideal for use as a dining room, with patio doors that open onto the garden.
Upstairs there is a modern family bathroom with a shower over the bath, two double bedrooms and a further single bedroom.
The property has been freshly decorated throughout, each of the bedrooms, the lounge and dining room are in the process of having new carpets fitted and there will be new vinyl in the kitchen.
Outside there is a driveway to the front of the house providing off road parking for a few vehicles, a garage and a quite substantial yet easy to manage, south facing garden with a patioed area for outdoor seating and a large lawn.
Cullompton is well placed for commuting, lying between Exeter and Taunton on the M5 and with Tiverton Parkway just 10 minutes away.
The town offers a wide range of amenities including a couple of major supermarkets, numerous local shops and eateries, a contemporary healthcare centre, a library, a leisure centre and there are both primary and secondary schools within walking distance of the property.
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
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FAQ
About Colebrooke Lane, Cullompton
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