2-bedroom house · EX20 1FD
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to rent now, this immaculate ground floor apartment offers spacious and well-presented accommodation in a highly convenient location.
Benefiting from underfloor heating throughout, the property features two generous double bedrooms, a bright and comfortable living space, and a modern finish throughout.
Situated within a level walk of the town's excellent range of amenities, shops, and services, this superb apartment combines comfort, convenience, and style, making it an ideal home for a variety of tenants.
Details Type of Tenancy - Periodic tenancy Rent Payable - £850 per calendar month in advance exclusive of rates (general & water) Deposit - £980 Unfurnished Services - Mains water, drainage, electric, gas EPC - To follow Council Tax Band - B Tenancy Procedure The procedure to apply for a property is as follows.
Tenants are asked to complete application forms for referencing which are submitted to Letmojo who are an independent reference agency.
A holding deposit equivalent to one weeks rent is payable upon receipt of a draft tenancy. This will be non refundable should the tenant change their mind and not proceed with the tenancy.
We are part of the client money protect scheme. Please do not hesitate to contact us with any questions or concerns regarding the application procedure.
We aim to make the process as easy as possible and are always happy to help and do what we can to move you in to your new home.
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
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FAQ
About 4, Sparrows Row Park Row, Okehampton
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