3-bedroom house · EX17 1JZ
For saleListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern home on one of the town’s most popular developments constructed in the early 2000's to a good standard.
The accommodation includes the entrance hall, cloakroom, sitting room, dining room opening to the kitchen, conservatory, three bedrooms with master en-suite and family bathroom.
Outside there is parking to the front and a lovely stocked garden to the rear.
Location Crediton town lies some seven miles from Exeter and provides both frequent bus and regular train services to the City.
Within the town one would find a variety of individual shops, along with both Morrisons and Tesco Supermarkets together with a main bank, library, two primary schools, Queen Elizabeths Sixth Form Community College, a doctors surgery and Leisure Centre with a swimming pool.
Description The front door opens to the entrance hall with a door to the cloakroom and stairs to the first floor. The sitting room is a good size with a window to the front and feature fireplace.
Double doors open to the dining room with sliding doors to the wonderful conservatory and is open plan to the fitted kitchen with a range of wood fronted wall and base units, one and a half bowl sink unit, space and plumbing for an automatic washing machine plus a built in oven and hob with extractor fan over.
The first floor landing gives access to the three bedrooms and family bathroom with the master bedroom boasting built in wardrobes and an en-suite shower room.
Outside there are two allocated parking spaces to the front and an enclosed rear garden which is well stocked, has a useful garden shed and enjoys rear access.
Material Information What3Words: ///merit.frightens.swinging Freehold Mains electricity, water and drainage Gas central heating and hot water Muid Devon District Council - Band C Parking: Two parking spaces to the front
Value & comps
No previous sales on record.
Returns
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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 49, Cromwells Meadow, Devon
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