5-bedroom detached house · EX15 1AH
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, modernised and improved detached house currently used as a children's home/supported accommodation in a convenient location. Council Tax Band Currently Exempt. EPC Band C. Freehold.
Description This detached house has been modernised and improved in recent years. The property was set up and used as a children's home/supported accommodation, with the use under planning as C2.
The property has been adapted to comply with safety and regulatory requirements for the sector including a location risk acessment and offers a turn key opportunity within the sector.
Alternatively, the property was previously used as an HMO for investment and could suit this and other uses subject to the require use permissions.
The garden provides a fenced boundary with privacy and recreation space.
The property stands in a highly conveniently location just 0.2 miles from the town centre and 0.3 miles from the M5 Junction 28.
Tesco's supermarket is just down the road along with the large Culm valley parkland leading all the way to the leisure centre.
There s a gp Surgery and pharmacy opposite as well as the police station next door manned 24/7 and base for the local misper team.
The property is therefore well placed to take advantage of all the amenities, with the town centre as well as wider road and rail access from the M5 and Tiverton Parkway Station.
Services Mains Electricity, Water, Gas and Drainage. Gas Central Heating. Ofcom predicted broadband services – Standard & Superfast broadband available.
Ofcom predicted mobile coverage: Internal - EE (variable) and Three (variable). External - EE, Three, O2 and Vodafone. Local Authority: Mid Devon District Council. Cullompton Conservation Area.
Directions What3Words: ///forgets.fortunate.situates Google Drop Pin:
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, Station Road, Cullompton
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