1-bedroom flat · EX11 1BW
Listing removedListed 122 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRS Living are delighted to offer this 1-bed maisonette, situated in the center of Ottery St Mary.
This light and airy property comprises of an entrance hallway, kitchen, spacious living room, bathroom and large bedroom situated on the top floor.
Outside you have the benefit of off road parking to the front of the property, plus a decking area outside the front door, perfect for some chairs to enjoy the evening sun.
The property has benefited from redecoration, new kitchen cupboards and worktop, plus new carpet in the bedroom.
The property offers significant space, with a lounge large enough for both sitting and dining furniture and a bedroom that allows space for a home working desk, king size bed, with a built in wardrobe.
The location offers convenience with a Sainsbury's located opposite the property, popular bus routes into Exeter and surrounding areas, plus all amenities offered within the town within walking distance.
The property is offered on an unfurnished basis. PRS Living are proud to both let and manage the property on behalf of a professional landlord.
This property is offered with a traditional 5 week security deposit (payable on move in) or a deposit alternative, equivalent of 1 weeks worth of rent (inquire for details).
*Affordability - The household income needs to be above £24,000 per annum with no adverse credit history (CCJs/IVAs/Bankruptcy).
If you do not meet this criteria, then you will need to have a UK based guarantor who meets the requirements above and owns their own home.
Please note, any adverse credit history needs to have been settled, or on a payment plan which can be evidenced as being paid, even with a guarantor.
*Council Tax Band - A *Energy Performance Rating - TBC
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 Hind Street, Ottery St Mary, Devon
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