3-bedroom house · EX11 1DU
Listing removedReduced £20k (−6.5%) on 2 SepListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bradleys are pleased to offer, with no onward chain, this three bedroom semi-detached house conveniently located for the town.
In need of some cosmetic updating however offers good family accommodation having been extended on the ground floor. Also benefits from driveway, single garage and manageable gardens.
Description: Level access to the front door with step into the entrance vestibule and door into the hallway with stairs rising to the first floor.
Front aspect living room with feature fireplace, separate dining room with built-in storage and opening into the kitchen which has a good range of units, work surfaces, space for appliances, window overlooking rear garden, door to garden and access to the ground floor shower room as well as the utility room which is a useful additional space.
This leads through to the garage and store.
On the first floor there are two double bedrooms, both with built-in storage, a single third bedroom and the family bathroom with white three-piece suite and obscure glazed window.
Externally, to the front there is a small garden mainly laid to lawn with shrubs, driveway providing off-road parking and leads to the single garage.
The rear garden is laid to lawn and patio with steps down to the back door, enclosed by fencing and brick wall. Material Information: Freehold. East Devon District Council. Tax Band C.
Services & Heating: Mains electric, gas, water and drainage. Gas central heating. Parking: Driveway & garage.
Location: Ottery St Mary has a traditional town centre with a variety of shops and eateries, Sainsbury's supermarket and medical centre.
For families there are pre-school facilities, a Primary School as well as the highly regarded Kings School with 6th Form. There are bus services and road links to Exeter, the M5, Honiton and Sidmouth.
The town has various sports and leisure clubs/facilities and the town bursts into life every November with the world-famous Tar Barrel Ceremony. Directions: What3words: ///rugs.cavalier.head
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
Agent & docs
FAQ
About 35, Ridgeway Gardens, Devon
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