3-bedroom bungalow · EX11 1BB
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire this beautifully presented three-bedroom detached bungalow, which has been extensively improved and tastefully updated by the current owners.
Pleasantly positioned in a quiet cul-de-sac, the property enjoys lovely views across the Otter Valley and is within easy walking distance of the town centre as well as nearby open countryside.
The versatile accommodation comprises a spacious entrance hall, a modern cloakroom and shower room, a generous principal bedroom, a welcoming lounge with a log-burning stove, a separate dining room, a contemporary fitted kitchen, and a stylish conservatory with a warm roof, providing comfortable year-round living, all on the ground floor.
The first floor offers two further bedrooms. An internal viewing is highly recommended to fully appreciate everything this superb home has to offer.
Outside Occupying an attractive corner plot, the property enjoys delightful views over the Otter Valley. The front garden is mainly laid to lawn and complemented by well-stocked flower beds.
To the rear, there is a generous driveway providing ample parking and access to a garage measuring 16'9" x 11', fitted with a roller door.
The garage is currently used as a playroom/workshop but could easily be reinstated as a garage if required.
The rear garden is laid mainly to lawn and offers a private, sunny, and secluded outdoor space, ideal for relaxing or entertaining.
Directions From Ottery town centre, proceed up Tip Hill and then turn right into Winters Lane. Proceed along and on the corner turn left onto Oak Close.
Proceed and turn right into a cul-de-sac and the property is on the right.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, coffee shops, chemist, florist etc.
There is an excellent range of schools, including The Kings School. There is also a supermarket, dentist and a medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
About 26 Oak Close, Ottery St Mary
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