1-bedroom flat · EX4 3AN
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation comprises: Communal entrance off of Friernhay Street with communal entrance door.
Private Entrance Hall with stairs and landing leading to: Kitchen, fitted with a range of modern base units with cupboards and worktops over with tiled splashbacks, stainless steel sink unit, space and plumbing for washing machine, free standing electric cooker.
Spacious Lounge with 2 x night storage heaters. Master Bedroom in neutral colours with airing cupboard.
Bathroom, modern white suite having panelled bath with electric shower over, pedestal wash basin, WC. Bedroom 2/Study/Dining Room with night storage heater. N.B.
Please note there is no outside space with this property Key Facts: Rent:£900 per calendar month, exclusive of utilities Deposit:£1,038 *Holding Deposit:£207 Total Annual Household Income required to meet affordability:£27,000 Type:Unfurnished Furniture/Appliances:Free standing electric cooker Heating:Electric heating Utilities:Water, Electricity, Council Tax Council Tax Band:A District:Exeter City Council Terms:Assured Periodic Tenancy Restrictions:Sorry no Students.
Unsuitable for Children. Unsuitable for pets. Availability:Early November Please contact Cardens Residential on or email to arrange your viewing.
*Holding deposit: The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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