4-bedroom terraced house · EX20 1FS
Sold STCListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION AND DESCRIPTION A well-presented modern family home situated on a popular residential development towards the eastern outskirts of Okehampton.
It benefits from easy access to the A30 and is ideally situated for the intended new railway station. Okehampton lies on the northern edge of Dartmoor National Park.
It is approximately 30 miles from both the north and south Devon coasts. There are superb local beauty spots where one may enjoy walking, riding, and fishing.
The shopping area contains supermarkets as well as many interesting locally owned shops. Primary and secondary education is well catered for in local schools.
The recreation ground and park contain, amongst other things, a covered heated swimming pool.
Most sports are available including 18-hole golf course, squash courts, indoor rifle range and thriving rugby and soccer clubs.
The cathedral city of Exeter and the regions airport lies approximately 25 miles to the East.
Built approximately ten years ago and arranged over four levels the property offers generous family accommodation.
From the entrance hall the accommodation comprises of a cloakroom; kitchen/dining room; a staircase leads to the first floor and a double bedroom, bathroom and sitting room with French doors to rear garden.
From the landing a second staircase leads to the third level and a further three bedrooms.
Outside, the property is approached via level access with paved pathway to the main entrance and off-road parking to the side which in turn leads via steps to the rear garden.
The garden, which is split level in design and south facing, has a paved patio adjoining the property and is predominantly laid to lawn.
Within the garden there is a useful timber storage shed and a purpose-built office easily accessed from the rear.
ACCOMMODATION Reference made to any fixture, fittings, appliances, or any of the building services does not imply that they are in working order or have been tested by us.
Purchasers should establish the suitability and working condition of these items and services themselves.
The accommodation, together with approximate room sizes, is shown in the floor plan: Services Mains electricity, mains water, mains drainage and mains gas.
OUTGOINGS We understand this property is in band 'C' for Council Tax purposes.
DIRECTIONS For SAT NAV EX20 1FS From the centre of the town, proceed in an easterly direction, via East Street and Exeter Road.
At the top of the hill, turn left into Exeter Road Industrial Estate, and then turn immediately right.
Follow the road to the next roundabout, taking the first exit left, proceeding to the bottom of the hill.
Turn left into Kellands Lane, where the property can be located after approximately 100 yards on the left. EPC Rating: C Parking - Off street
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 Kellands Lane, Okehampton, EX20
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