# 2 bedroom flat for rent (EX5 7JQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 BROAD PARK, EXETER, CRANBROOK, DEVON EX5 7JQ |
| Price | £1,100 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £222,000 Oct 2023 |

## Description

Stunning 2 Bedroom Coach House Apartment situated in the popular residential area of Cranbrook. The accommodation briefly comprises of a ground floor entrance hallway with stairs to first floor landing area, large kitchen/living room, two double bedrooms and bathroom with shower over bath. Garage and off road parking for 1 car.

REGRET NOT SUITABLE FOR CHILDREN OR PETS

EER: B/85. COUNCIL TAX: B

## Property Photos

- ![Photo](/listings/photos/168189698/545091)
- ![Photo](/listings/photos/168189698/545095)
- ![Photo](/listings/photos/168189698/545098)
- ![Photo](/listings/photos/168189698/545099)
- ![Photo](/listings/photos/168189698/545100)
- ![Photo](/listings/photos/168189698/545105)
- ![Photo](/listings/photos/168189698/545108)
- ![Photo](/listings/photos/168189698/545113)

## EPC Graphs

- ![EPC graph](/listings/photos/168189698/545116) - EPC graph

## Rental Range

*ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,108/mo
- **Realistic:** £1,231/mo
- **Optimistic:** £1,354/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Exeter (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, Little Mead, EX5 | £1,000/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Terraced House, Crannaford Lane, EX5 | £1,100/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Detached House, Northwood Acres, EX5 | £1,100/mo | 2 | 0.54 miles | OpenRent |
| 2 Bed Semi-Detached House, Porter Grove, EX5 | £1,150/mo | 2 | 0.68 miles | OpenRent |
| 2 Bed Semi-Detached House, Broadclyst, EX5 | £1,800/mo | 2 | 0.94 miles | OpenRent |

**Average rent: £1,230/mo (5 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 1200%
- **Monthly cashflow:** £961/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3613.8%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
