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See how verdicts work2-bedroom property · EX14 4PT
Under offerListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely Park Home is beautifully presented and offers a spacious layout, ideal for those seeking a peaceful and low-maintenance lifestyle.
The accommodation comprises a welcoming entrance hallway leading into a generous open-plan, dual-aspect dining/kitchen room, finished to a high standard with integrated appliances including a fridge/freezer, dishwasher, washing machine, double oven, hob, and extractor hood.
A large triple-aspect living room is flooded with natural light, creating a warm and inviting space to relax and entertain. There are two good-sized double bedrooms, both with fitted wardrobes.
A stylish ensuite shower room and a separate family bathroom complete the interior. The property is double-glazed, has gas central heating throughout and a new gas boiler fitted in 2022.
Exclusively for the over 50's and offered with no onward chain, this delightful home must be viewed to be fully appreciated.
The vendor would also be prepared to sell the property furnished if required.
Outside The front of the property features a charming garden, parking for one car, with additional parking available to the side, as well as an electric car charging point and a useful shed.
To the rear, the garden boasts a private, sunny patio-perfect for alfresco dining. Ground rent and sewage £3205.08 PA Directions From Honiton High Street, head North-West.
At the roundabout take the 1st exit onto Monkton Road, turn right to stay on Monkton Road, turn left onto Northcote Hill, turn left onto Lower Northcote Road.
Otter Valley Park will be in front of you.
Location Set in beautiful Devon Countryside and less than a mile from the historic town of Honiton, Otter Valley Park reserved exclusively for the over 50's enjoys a wonderful location.
The town of Honiton is well known for its range of antique shops, historic lace making and regular street markets, also providing an extensive range of retail outlets, service facilities and transport links including a railway station.
Set in a peaceful and picturesque setting yet positioned in a great location with great major road access to both the A30 and M5, 20 miles to Exeter City Centre and the beaches at Exmouth and only 12 miles to the regency town of Sidmouth as well as lots of other local attractions close by and 15 minutes to Exeter Airport.
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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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.
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