3-bedroom detached house · EX14 1PZ
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented detached character home, offering spacious and versatile family accommodation, with an open plan kitchen dining room, large bay window lounge, a very large rear garden with its very own detached garden cabin.
Occupying a convenient position close to Honiton's town centre amenities, this attractive period home has been thoughtfully modernised and improved over recent years, successfully blending character features with stylish contemporary living.
The welcoming entrance hall leads to a bright and spacious bay-fronted sitting room, providing a comfortable space for everyday family life.
To the rear, the impressive open-plan kitchen/dining room serves as the heart of the home, featuring ample storage and workspace alongside plenty of room for dining and entertaining.
A useful utility area and ground floor cloakroom further enhance the practicality of the property.
The first floor offers three well-proportioned bedrooms, including two particularly generous double rooms, both benefitting from fitted wardrobes.
The accommodation is completed by a family bathroom and separate WC.
The loft has been partially converted to a storage room, boarded out with a Velux window this provides a great starting point for a 4th bedroom.
Outside, the property enjoys attractive front and rear gardens, with the rear garden providing a wonderful space for children, entertaining and outdoor enjoyment.
A substantial timber cabin with power and lighting offers impressive flexibility and is ideally suited as a home office, gym, studio or hobbies room.
A notable benefit is the potential for purchasers to explore the creation of private off-road parking to the rear, where neighbouring properties have considered access arrangements from the rear lane, offering future scope and added convenience, subject to any necessary permissions and approvals.
Situated within easy reach of local schools, transport links and Honiton's excellent range of amenities, this is a fantastic opportunity to acquire a substantial detached home combining character, modern styling and excellent flexibility for family living.
Key Features Attractive detached character home Beautifully presented throughout Spacious bay-fronted sitting room Superb open-plan kitchen/dining room Utility area and ground floor cloakroom Three well-proportioned bedrooms Family bathroom and separate WC Large garden cabin with power and lighting Excellent home office, gym or studio space Generous Large Rear Garden Convenient location close to schools, amenities and transport links
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.
Area
Agent & docs
FAQ
About 31, Monkton Road, Devon
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