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See how verdicts work3-bedroom bungalow · EX17 3NJ
For saleReduced £10k (−3.5%) on 6 OctListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The bungalow is situated in a popular road to the Western side of Crediton. The bungalow consists of a good size sitting room, modern kitchen, three bedrooms and bathroom with driveway parking.
Large carport and workshop/store. The gardens are a good size with a seating area and steps up to the lawn with views over Crediton and the surrounding countryside. No chain.
Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons, Tesco and Lidl superstores are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course and a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description The front door leads to the entrance hall with a door to the cloakroom, a door to the kitchen and a door to the good size sitting/dining room with a picture window and views to the front.
The kitchen is fitted with modern wall and base units with a built in cooker and hob, sink unit and door to the side porch.
The inner hall from the sitting room gives access to the three bedrooms and bathroom, with one bedroom having wardrobes to one wall and one with patio doors to the garden.
The front gardens are lawned with a driveway leading to the 16'5''carport and a door to the workshop/store, with steps leading up to both the front door and side porch.
The enclosed rear garden is a good size with a seating area to the rear of the bungalow and steps up to the lawn with terraced levels to one side.
The gardens also enjoy some lovely views over Crediton and surrounding countryside.
Directions And Material Information What3Words: ///washable.stream.desiring Mains electricity, water and drainage Gas fired central heating and hot water.
Mid Devon District Council - Band C Freehold Parking: Driveway parking, garage and carport. Nb: Probate has been applied for.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 12, Westwood Close, Devon
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