3-bedroom semi-detached house · EX14 2UH
Listing removedListed 229 days
Opportunity summary
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About
Offered to the market with NO ONWARD CHAIN is this three bedroom semi-detached house within a popular residential area.
The current vendor has undertaken some renovation works including a modern combi-boiler however would merit from some further improvements, particularly the garden.
Benefits from modern fitted kitchen, rear conservatory, driveway parking and garage. . Front door opening into hallway with storage cupboard and stairs rising to first floor.
kitchen overlooking the front aspect and beautiful views with a modern range of units, work surfaces, built-in oven & hob and space for further appliances.
The living room is a good size with window and door to the rear conservatory, a pleasant additional space which overlooks and gives access to the rear garden.
To the first floor there is a bathroom with white suite and shower over bath. Two double bedrooms, both with built-in storage and a shower cubicle to bedroom one.
Single bedroom, ideal for a nursery or home office. Externally, to the front there is an open plan lawn garden, driveway providing off-road parking and leads to the single attached garage.
The rear garden is southerly facing and enclosed by fencing with rear gate access onto Old Elm Road. Tiered over two levels with patio and lawn.
Landscaping has been started however will not be completed. Access into the rear (truncated) Material Information: Tenure: Freehold East Devon District Council. Tax Band B.
Services & Heating: All mains services. Gas central heating. Parking: Garage & Driveway. Shared acccess to driveway with one neighbour.
Location Situated in a popular residential location of Honiton within easy walk to Tesco supermarket and the bus stop for the town service and Sidmouth.
The bustling market town centre has a variety of shops and businesses, there are schools, library, active community centre, doctors surgery and hospital, leisure centre with swimming pool and gym as well as a railway station with regular services to Exeter and London Waterloo.
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 Snowdrop Close, Honiton, Devon
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