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See how verdicts work3-bedroom detached house · EX17 6DF
For saleReduced £10k (−2.8%) on 15 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely family home situated in an off road position with an open rural outlook to the front and level rear gardens with outside entertaining area and an insulated home office/playroom.
The downstairs area offers lots of easy flowing living space with in particular, the nearly 20' dining area with patio doors to the private rear gardens. Viewing recommended.
Location Zeal monachorum is situated 8 miles northwest of Crediton, hidden within vast and tumultuous farmlands. Its name is of Latin origin ‘Cella Monachorum’ – meaning ‘Cell of the Monks’.
Like many Devon villages Zeal is home to a number of period properties, and buildings that have a strict conservation – preserving the traditional beauty expected from rural settlements.
Its church is old (understatement) (1235, late Saxon) and in its yard is a yew tree rumoured to have experienced a 1000 birthdays or more (not that anyone celebrates).
Description The entrance hall boasts storage to one side and has a door to the downstairs WC.
The inner hall includes the staircase to the first floor with a cupboard under and access to the sitting room and kitchen.
The sitting room boasts a picture window to the front, electric fire and an arch to the impressive dining room with fitted storage to one wall, space for a large dining table and doors to the rear.
The kitchen is open plan from the dining room and is fitted with white gloss units and integral appliances with a door back to the hall.
The first floor consists of the three good size bedrooms with built in wardrobes to the two double bedrooms, both with an outlook over the rear garden.
The modern family bathroom is also well fitted with a shower over the bath.
Outside there are front gardens with a driveway to the garage while the rear gardens feature a covered outside entertaining area, garden shed/store and an insulated shed used as an office/playroom.
Directions And Material Information What2Words: ///pacemaker.fruitcake.kickers Mains electricity, water and drainage lpg gas central heating and hot water Mid Devon District Council - Band D Freehold Parking: Garage with electricity connected and driveway parking to the front Schooling: The school bus picks up for the catchment schools of Bow Primary and Queen Elizabeth Secondary
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
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FAQ
About Stockwood, 4, Waie Gardens, Crediton
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