4-bedroom house · EX20 3FE
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you seeking additional living space, considering an upgrade within the local area, or dreaming of a move to the picturesque West Country?
With excellent transport links, as well as easy access to nearby national parks and coastal attractions, this property presents a fantastic opportunity.
16 Mowhay Gardens is a spacious and stylish modern family home, thoughtfully designed with a contemporary feel and ready for immediate move-in.
Spanning over two floors, it offers well-planned living spaces and the assurance of quality, being part of a 2021 Kingswood Homes development with 6 years remaining on its NHBC warranty.
The front garden enhances the curb appeal with carefully selected shrubs and a paved path leading to the entrance.
Neutral render tones, stonework details, and a practical porch lend charm to the property’s exterior.
Adjacent to the house, the driveway provides ample parking for multiple vehicles and features a 7kW EV charger, complemented by a garage for added convenience.
Step inside, and the welcoming entrance hall sets the tone for the bright and airy interiors.
The ground floor features a well proportioned living room providing plenty of room for your favourite furniture.
The rear-facing kitchen/dining room impresses with sleek, modern finishes, ample storage, integrated appliances, and patio doors leading directly to the enclosed garden, a perfect setting for entertaining or outdoor dining.
Upstairs, the first floor houses three well-sized bedrooms, including the master suite with its en-suite shower room.
A family bathroom serves the other bedrooms, ensuring practicality for family living.
Bedroom two is a comfortable double bedroom perfect for family and friends, while the other two bedrooms a currently set up as two home offices.
The rear garden is a private outdoor space, enclosed by fencing and featuring a side gate for easy access adjacent to the driveway and single garage.
There’s also a shed at the rear of the garage for additional storage, plus a patio area that offers privacy.
This energy-efficient property, equipped with fibre optic broadband, combines comfort, style, and convenience, all within a short distance of local amenities.
Whether you’re a growing family or someone seeking space to accommodate your lifestyle, this home is a must-see.
Situated within The Market Quarter, a select development constructed by the independent developer Kingswood Homes.
The town itself offers a traditional range of amenities including supermarket, Post Office, garage/supermarket, public houses, alongside independent cafes, arts and crafts shops, farm supplies and building supplies.
The town also benefits from a primary school, health centre, veterinary surgery together with a community centre and weekly market.
The town has a strong community spirit with an annual arts festival and renowned carnival.
A more comprehensive range of facilities can be found in the nearby town of Okehampton with its good range of shops and services and three supermarkets including a Waitrose.
Okehampton has schooling from infant to sixth form level and is situated adjacent to the A30 dual carriageway, providing a direct link to the cathedral and University City of Exeter with its M5 motorway, mainline rail and international air connections.
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.
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FAQ
About 16, Mowhay Gardens, Okehampton
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