2-bedroom property · EX14 2XE
Listing removedListed 621 days
Opportunity summary
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About
We are delighted to offer this two-bedroom end terraced house which is located on a corner plot, on a pedestrian pathway, in this convenient position in the much favoured town of Honiton.
The accommodation comprises; entrance porch, living room with stairs to the first floor, kitchen/dining room, which is fitted with a range of wall and base units, built-in oven and hob with extractor hood over.
This opens into the conservatory, which offers access onto the garden.
On the first floor there are two bedrooms, bedroom two has a built-in cupboard and there is a bathroom suite with a shower over the bath.
The property has double-glazed windows and gas central heating. Viewing is strongly recommended.
Outside The property is located on a corner plot, there is a side pedestrian gate which leads into the side and rear garden, laid to lawn, patio and small shed.
There are 2 allocated parking spaces nearby.
Directions From Honiton High Street, proceed West towards the A30, at the roundabout take the first exit, proceed up the hill, take the second exit at the next roundabout, at the next roundabout take the third exit, turn right into Chestnut Way, follow the road around and the property will be on your right up a pedestrian path.
Location The market town of Honiton is situated in a convenient location, with easy access to the A30 and M5 motorway and with its railway station offering access via the Waterloo line to London and Exeter, it also has many local bus links.
This lively market town, famous for its lace and pottery and being regarded as the antiques capital of the South West, is set in the East Devon Area of Outstanding Natural Beauty on the banks of the River Otter.
It has two primary schools and a college, a small hospital and large gp surgery.
Its busy high street boasts many independent shops and places to eat and drink and there is a lively market on Tuesdays and Saturdays.
Exeter and its international airport are approx 13 miles to the west, whilst the coastal resorts of Sidmouth, Branscombe and Beer are a short drive to the South.
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 36 Chestnut Way, Honiton
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