2-bedroom terraced house · EX15 1DQ
For saleReduced £15k (−10%) on 8 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented town centre cottage comes to the market having been updated in recent years and now providing an excellent opportunity for first-time-buyers or investors looking for a low maintenance home in a convenient location.
A short walk to the town centre and local supermarkets is further enhanced by the regular bus service to Exeter and Tiverton and the close proximity of the M5 for commuting.
The ground floor accommodation comprises a spacious sitting room and a stylishly appointed kitchen/dining room.
Upstairs, the principal bedroom is a very generous size and there is a further bedroom and family bathroom. An early viewing of this lovely cottage is strongly advised.
Situation And Amenities Within easy reach of High Street shops, supermarkets, primary school and doctors’ surgeries.
Cullompton also boasts an award winning butcher (Veyseys of Cullompton), award winning coffee shop (The Bake House), a modern library, sports centre and community centre.
The surrounding countryside offers a wealth of rural pursuits with the nearby Blackdown Hills being designated as an area of outstanding natural beauty.
The comparatively central mid Devon location places the picturesque national parks of Dartmoor and Exmoor together with the north and south Devon coastlines all within a modest car journey.
Bullet Points Well presented town cottage Gas central heating and double glazing Spacious Sitting Room Kitchen/Dining Room Generous Principal Bedroom Second Bedroom Family Bathroom Convenient town centre location 15 miles Exeter, 18 miles Taunton Tiverton Parkway Railway Station 6 miles EPC rating “C" Council Tax Band “A” Freehold On The Ground Floor Front door to Entrance Lobby with space for coat hanging, door to Sitting Room a lovely spacious cottage sitting room with outlook to the front, stairs rising to first floor, access to understairs storage cupboard, timber effect flooring, radiator.
Kitchen/Dining Room a surprisingly spacious room spanning the entire width of the house with recently fitted kitchen comprising both wall and base mounted cupboards, space for freestanding gas cooker with extractor over, space and plumbing for slimline dishwasher, space and plumbing for washing machine, wall mounted gas fired boiler, laminate worktop with inset single drainer sink, mixer tap over, space for tall fridge/freezer, tiled flooring, radiator, door to rear access.
On The First Floor Landing. Bedroom 1 an excellent double room with outlook to the front, built-in wardrobe with access to loft, strip timber flooring, radiator.
Bedroom 2 with outlook to the rear, radiator.
Bathroom having been re-fitted in contemporary style, close coupled W.C., basin with storage beneath, panelled bath with shower over, glass shower screen, part tiled walls, obscure glass window, radiator.
Outside To the rear of the property is a pedestrian walkway providing access for multiple cottages.
Whilst not owning any outside space, the current owner has a small table and chairs situated outside the back door for alfresco dining.
Services The Vendor has advised of the following, and it is advised to check all this information prior to viewing:- Mains electricity, water, gas and drainage Current utility providers: Electricity - British Gas Gas - British Gas Water and drainage - S.W.
Water Mobile coverage: O2 and Three networks currently showing as available at the property Current internet speed showing at: Basic - 18 Mbps; Superfast - 80 Mbps; Ultrafast - 1800 Mbps Broadband: Vodafone Satellite/Fibre TV availability: BT and Sky
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
FAQ
About 8, Victoria Terrace, Cullompton
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