3-bedroom terraced house · EX11 1GX
For saleReduced £7.5k (−2.4%) on 21 JunListed 754 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this spacious 3-bedroom, three-story town house located in this convenient position for the nearby Kings school in the much favoured town of Ottery St Mary.
The accommodation comprises: Entrance hallway with laminate flooring, downstairs cloakroom, kitchen/breakfast room, which is fitted with a range of wall and base units, built in oven and hob with extractor hood over, integrated fridge/freezer and door into the rear garden.
On the first floor is the living room with an ornamental fireplace and patio doors leading onto the balcony. There is also bedroom two with built-in cupboard.
On the second floor is the master bedroom with built-in wardrobes and refitted en suite shower room, bedroom three and a family bathroom suite.
The property also has gas central heating and double-glazed windows. Viewing is strongly recommended.
The Outside To the front is a parking space which leads to the integral garage (5.21m x 2.82m) up and over door, light, power and personal door into the hallway.
To the rear is a paved patio, lawned garden, well stocked with shrubs and tea pedestrian access, which leads to a further allocated parking space.
Directions From Ottery, St Mary town centre, proceed along Mill Street.
Go past the industrial estate and turn right in front of the hospital into Thorne farm way and take the third turning on your right into Thorne farm way, take the first right and the property will be on your right.
Location Ottery St Mary, home of the world famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, greengrocer, bakery, chemist, supermarket etc.
There is an excellent range of schools including The Kings School and a first-class medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
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
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FAQ
About 31 Thorne Farm Way, Ottery St Mary
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