2-bedroom semi-detached house · EX14 1DW
Listing removedListed 251 days
Opportunity summary
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About
Bradleys are pleased to offer to the market this well-presented house situated within a popular retirement complex.
The accommodation briefly comprises living/dining room, conservatory, kitchen, ground floor shower room/WC whilst on the first floor there are two double bedrooms and a further shower room.
Also benefits from small rear courtyard and residents parking. .
Two shallow steps with handrails lead up to the front door, opening into the entrance hallway with stairs to the first floor and access to the ground-floor shower room/WC.
The reception room is generously proportioned, offering space for both a dining area and a living area, with a front aspect window and a glazed door opening into the rear conservatory, which is a bright and pleasant additional space providing access to the private, enclosed courtyard garden.
The kitchen offers a good selection of units and worktops with spaces for a cooker, washing machine and fridge/freezer.
On the first floor there is a further shower room as well as two double bedrooms, both with built-in storage space. Also benefits from residents’ parking areas.
Material Information: Tenure: Freehold. Service Charges: Approx £2800, to be confirmed. Includes maintenance of communal areas, alarm systems, onsite manager. Residents must be aged 55+.
East Devon District Council. Tax Band:C. Services: All mains services except gas. Heating system: Electric. Parking: Residents parking.
Other: Loft has a ladder for access, it is boarded and has a light. The roof felt was replaced 2011.
Location: The property is situated in a lovely retirement complex a short walk from Honiton town centre.
Honiton has many local amenities including supermarkets, independent traders, a regular street market, library, active community centre, doctors surgery and community hospital, leisure centre with swimming pool & gym and a mainline railway station with regular services to Exeter and London Waterloo.
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
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FAQ
About Fairfield Gardens, Honiton, Devon
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