2-bedroom flat · EX14 1EU
Listing removedListed 121 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern ground floor 2 bedroom apartment set in the heart of Honiton. Available to let unfurnished. Hallway, Open Plan Living/Kitchen Area, Bathroom, No Smokers. Landlord would prefer no pets.
Available early July. EPC Band: C. Tenant Fees Apply Accommodation Includes - Flat 1 is a ground floor 2 bedroom apartment comprising of an open plan kitchen/ living space.
The kitchen has a range of units and a tiled splash back, electric oven and space for a washing machine. A few steps lead up to the two double bedrooms and the family bathroom.
The bathroom has a white suite comprising bath with shower over, WC, sink and towel rails. The carpets and blinds are included in the rental. No parking available.
Outside - Approached from the street to a covered open foyer with space for bins etc. Services - Mains electric, gas, water and drainage.
Council Tax Band: A Ofcom predicted broadband services Standard23 Mbps1 MbpsGood Ultrafast1800 Mbps1000 Mbps Ofcom predicted mobile coverage for voice and data External (Likely) EE, Three, O2 and Vodafone Situation - Set along this quiet side street, The Old Bakery is positioned just a moments walk from the centre of Honiton.
Honiton lies on the southern edge of the Blackdown Hills, a designated Area of Outstanding Natural Beauty just 10 miles from the stunning Jurassic coast at Sidmouth, itself a natural World Heritage Site.
Communication links are excellent with a direct rail service from Honiton Station to London Waterloo whilst the A30 provides quick and efficient road access to the cathedral city of Exeter, some 16 miles to the west and junction 29 of the M5 motorway.
Exeter hosts a main line rail service to London Paddington, an international airport and extensive shopping and leisure facilities.
Taunton, the county town of Somerset is approximately 28 miles to the northeast with the A303 and A35 providing alternative cross country road links to London and the south.
Directions - From the Stags Honiton office, head west along the High Street taking the first left into New Street. Chapel Street will then be found on the left hand side.
The property is immediately on the right hand side. Letting - The property is available to let on an assured periodic tenancy, unfurnished and is available early July. .
RENT: £725 pcm exclusive of all charges.
DEPOSIT: ££836, 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. Holding Deposit And Tenant Fees - This is to reserve a property.
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.
For further clarification before arranging a viewing please contact the lettings office dealing with the property.
Clarification before arranging a viewing please contact the lettings office dealing with the property.
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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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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