# 2 bedroom flat for rent (EX1 2PS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 103A, LADYSMITH ROAD, EXETER, DEVON EX1 2PS |
| Price | £1,100 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 82 m² |
| Last sold | £240,000 Jan 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 23/06/2029
- **Current heating cost:** £299/year

### Recommendations
- A (350)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8609-5645-6529-7626-1613)

## Description

Located in the ever-popular Heavitree area of Exeter, this 2-bedroom first-floor apartment is extremely spacious and has been redecorated throughout to a very high standard. The property is very light and airy, with bay windows in the main bedroom and living room making great use of the south-facing aspect. The property is gas centrally heated and double-glazed throughout.

The property is located on the corner of Ladysmith and Hanover Road and is only a short walk from the Heavitree shopping area, local parks, school and convenience store. Heavitree is also popular due to its proximity to the city centre and Hospitals, as well as only being a short drive from the outskirts of the city and therefore M5/A30 etc.

Utilities and services: The rent advertised is exclusive of all bills and council tax (Exeter City Council - Band B).

Furnishing: The property is unfurnished except for a cooker in the kitchen.

Tenancy Restrictions: No Smoking, No , No Pets.

Availability: Mid September 2025 for 6 months minimum.

Deposit: £1150

EPC Rating: C

## Property Photos

- ![Fully booked viewings](/listings/photos/165401282/597203) - Fully booked viewings
- ![Front](/listings/photos/165401282/597205) - Front
- ![Kitchen](/listings/photos/165401282/597206) - Kitchen
- ![Living room](/listings/photos/165401282/597208) - Living room
- ![Bedroom 1](/listings/photos/165401282/597210) - Bedroom 1
- ![Bedroom 2](/listings/photos/165401282/597216) - Bedroom 2
- ![Hallway](/listings/photos/165401282/597222) - Hallway
- ![Bathroom](/listings/photos/165401282/597226) - Bathroom

## Floorplans

- ![All](/listings/photos/165401282/597230) - All

## Rental Range

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

- **Low:** £1,182/mo
- **Realistic:** £1,313/mo
- **Optimistic:** £1,444/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 Flat, Old Tiverton Road, EX4 | £1,175/mo | 2 | 0.58 miles | OpenRent |
| 2 Bed Flat, New North Road, EX4 | £1,350/mo | 2 | 1.04 miles | OpenRent |

**Average rent: £1,263/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,263/mo).*

- **Gross yield:** 1377.8%
- **Monthly cashflow:** £1,107/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4165.6%

*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).*

## Price per Square Metre

- **£/m²:** £13/m²

## 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)