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See how verdicts work3-bedroom terraced house · EX14 1QQ
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom terraced home close to local amenities and offered with no onward chain.
This well proportioned terraced property has been a much loved home for many years and now offers an exciting opportunity for a new owner to modernise and personalise throughout.
Situated within easy reach of Honiton’s local amenities, the house provides generous accommodation and excellent potential.
Accommodation The ground floor features an entrance hallway with stairs rising to the first floor and doors leading to the main living areas.
The lounge sits to the front of the property, while the separate dining room opens directly into the kitchen, creating a practical flow for everyday living.
A rear lobby provides access to a WC and the garden. Upstairs, the landing leads to three bedrooms and a spacious family bathroom.
The property benefits from double glazed windows and gas central heating with radiators throughout.
Additional Information On street parking The current owner has previously rented a nearby garage from the local council (subject to availability).
The property benefits from a gate at the rear of the back garden which leads to an alleyway to Langford Avenue which is great for unloading.
The property has a substantial attic easily accessed by a hatch and loft ladder.
This property presents an ideal project for buyers looking to create a home tailored to their own taste, all within a convenient and well connected location.
The property enjoys a convenient position within easy reach of the nearby Honiton Primary School and the High Street with facilities in the historic town, which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre.
Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/ London trunk route.
An international airport is available at Exeter. A gate opens into the front garden, with a pathway leading to the entrance.
The rear garden enjoys a charming cottage style feel, mainly laid to slab with well stocked borders.
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
FAQ
About Elm Terrace, Honiton, Devon, EX14
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