2-bedroom house · EX13 5GY
Sold STCReduced £5k (−2.1%) on 13 SepListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern mid-terrace property built in 2022 offering two double bedrooms, enclosed garden and private parking for two vehicles.
The Property Built by Linden Homes in 2022 and forming part of the popular Churchill Rise development, this stylish two-bedroom mid-terrace home offers a fantastic opportunity for a first-time buyer or a family to move straight into a modern, low-maintenance property with two allocated parking spaces.
Accommodation A neat entrance hallway leads through to a comfortable sitting room positioned at the rear of the property, creating a welcoming place to relax.
French doors open directly onto the enclosed garden. To the front, the kitchen is fitted with modern units, gas hob, electric oven and space for washing machine, dishwasher, fridge, and freezer.
There is also a downstairs WC and a useful storage cupboard, adding to the well-planned layout. Upstairs, there are two generous double bedrooms - a real strength of this design.
The principal bedroom is positioned at the rear and benefits from countryside views. The second bedroom sits at the front and is equally a great-sized double with built in storage above the stairs.
The family bathroom features a smart bathroom with a modern white suite. Outside To the front are two parking spaces with a pathway providing access to the rear garden.
The rear garden is fully enclosed with a small patio and the remainder laid to lawn. Local Authority East Devon District Council Tel : Council Tax Band B.
Situation Chapel Way is part of a new modern housing development less than a mile from the town centre of Axminster.
The market town of Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The beautiful Axe Valley with its renowned bird sanctuary reaches the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles. Axminster itself offers a selection of shops including two supermarkets; schools, as well as churches, cafes and restaurants.
Services Mains electricity, gas, water & drainage.
Broadband: Ultrafast available Mobile Network Coverage: There is mobile network coverage in the area, please refer to Ofcom's website for further details.
Source- Directions Material Information 1.) There is an annual estates and management charge for the upkeep of the communal areas within the development.
2.) The property is at very low risk of flooding from both surface water & rivers and seas. Source-
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 28, Chapel Way, Axminster
Explore nearby