3-bedroom bungalow · EX5 2SY
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a detached bungalow with outstanding renovation potential.
Situated within minutes' walk of the centre of the village, the property offers flexible three-bedroom accommodation with excellent scope to modernise, extend or reconfigure (subject to the necessary consents).
The property is entered via a storm porch into a central hallway, providing access to all principal rooms and benefiting from an airing cupboard.
The lounge is a bright dual-aspect room featuring a fireplace and glazed door opening to the rear garden, creating a comfortable main living space.
The kitchen is fitted with a range of wall and base units, work surfaces, sink unit and space for freestanding appliances, with a window overlooking the garden.
There are three bedrooms, comprising two double bedrooms and a third bedroom which could also be utilised as a home office.
Bedroom One benefits from a built-in wardrobe, while an additional storage cupboard is located off the hallway.
The family bathroom is fitted with a corner bath incorporating an electric shower over, wash hand basin and WC. The property is offered with no onward chain. Viewing strongly recommended.
Outside The property is approached via a gated driveway providing off-road parking and leading to the attached single garage with up and over door.
A mature front garden is well screened by established hedging, shrubs and trees, with a pathway leading to the front entrance.
To the side of the property, a paved pathway provides access to the rear garden and includes a timber garden shed for additional storage.
The rear garden is mainly laid to lawn with mature trees, shrubs and planted borders, creating a private outdoor space.
A paved patio adjoins the lounge, providing an area for outdoor seating, while established planting and hedging offer a good degree of privacy.
Directions Entering Whimple along Church Road, the property is on the right.
Location The village of Whimple boasts its own railway station on the Exeter to Waterloo train line, a church, a primary school, shop, hairdressers and friendly village pub.
The village also has its own tennis and cricket clubs and a village hall which hosts many other clubs and societies.
The larger town of Ottery St Mary lies about 3 miles to the south-east and has a wide range of shopping facilities as well as the well-respected King's School.
Exeter is close by to the West with its excellent shopping, sporting facilities and theatres, main line rail link to London and International Airport.
Road links are good with the A30 and M5 being within easy reach.
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 Orchard Nook, Church Road, Exeter
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