2-bedroom terraced house · EX14 1QL
Listing removedListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented character cottage with parking in the heart of Honiton. Available beginning of September.
To include: Sitting Room, Kitchen/Diner, Two Double Bedrooms, Modern Bathroom, Garden, Parking. No Smokers. A Pet/Child Considered. EPC Band: D. Tenant Fees Apply.
Accommodation Includes - UPVC door to hall with stairs rising.
Sitting Room - Spacious room with cupboard housing the television point, under stairs cupboard, telephone point, radiators and fitted carpet.
Kitchen/Diner - Comprising beech fronted wall, base and drawer units with worksurface, inset 1½ stainless steel sink unit, 4 ring gas hob with extractor, electric cooker, space with plumbing for washing machine, fridge freezer space, wall mounted gas fired boiler, radiator and laminate floor.
Part glazed UPVC door to garden. Stairs To Landing - Stairs rising with fitted carpet. Bedroom One - Good sized double with beam, feature fireplace, radiator and fitted carpet.
Bedroom Two - Double with radiator and fitted carpet.
Bathroom - White suite comprising bath, separate shower cubicle, low level WC, pedestal wash hand basin, mirror, heated towel ladder and laminate floor.
Outside - To the front of the property there is allocated parking for one vehicles. The rear garden is enclosed by fencing with pedestrian gate, seating area, lawn with gravel borders.
Two brick storage sheds both with power. Services - Mains electric, gas, water and drainage. Council Tax Band: A.
EPC: Band: D Situation - The property is situated close to the popular town centre of Honiton providing easy access to an extensive range of shops and services and within walking distance to the train station.
The Cathedral City of Exeter with M5 junction is approximately 15 minutes drive to the west.
Directions - From Stags High Street offices walk across the High Street, passing the Church on the left hand side and turning right in front of the Museum.
After a short distance enter Silver Street turning left and then after a further short distance turn right into Newlands.
Proceed down through the close with the property being found on the left handside.
Lettings - The property is available to let on an assured periodic tenancy, unfurnished and is available beginning of September. RENT: £850pcm exclusive of all charges.
DEPOSIT: £980 returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required, viewings strictly through the agents. Pets may be considered at this property subject to a vetting application.
Holding Deposit And Tenant Fees - This is to reserve a property and set off against the first month’s rent and deposit.
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.
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. 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.
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
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