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See how verdicts work2-bedroom property · EX14 1FZ
Listing removedListed 413 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented two bedroom retirement property for the over 55's with a parking space, enjoying a convenient position within walking distance of the town centre.
An end of terrace retirement home suitable for the over 55's. There is an on site manager and pull cords throughout for an emergency response.
The property which has been much improved by the current owners includes an entrance porch, lounge/ dining room, modern kitchen and downstairs cloakroom on the ground floor and to the first floor, a landing leads to two good sized bedrooms and a modern bathroom.
Worthy of note are the fabulous far reaching views from the front of the property. The property further benefits from double glazed windows and external door.
Electric storage heating with a newly installed boiler, water tank and three new heaters in January 2026. The property is accessible to facilities in the historic market town of Honiton.
These are plenty of shops and restaurants and there is a sports hall with swimming pool. There’s a mainline train station, a Tesco store, Lidal and Aldi.
The A30 dual carriageway which by passes Honiton provides good access to the Cathedral City of Exeter and the M5 motorway.
Near to the rear of the property is an allocated car parking space and communal gardens. The property is well placed for access to the facilities on Honiton High Street.
These properties are popular and an early viewing is recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 22, Tremaine Close, Devon
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