2-bedroom detached house · TQ12 3DB
Listing removedListed 322 days
Opportunity summary
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About
A superbly presented two-bedroom detached bungalow situated in the cul-de-sac of Fairwater Close in Kingsteignton.
The property has off-road parking, a level rear garden and a single garage along with further outside storage. The property is conveniently located for the local shops and bus routes.
The Accommodation Entering the property through the newly installed composite front door you are welcomed by the entrance porch, the perfect place for shoes and to hang coats, this space does have a radiator.
From the porch you have an internal door leading into the lounge/diner.
The current owners removed the chimney breast allowing a greater amount of space in this room and have replaced all the flooring with a LVT floor which is easy to clean and maintain.
The room is finished with neutral colours and has a panelled feature wall. From the lounge is the second bedroom is a squared double with a large window and enjoys views to the front garden.
To the back of the lounge/diner is a hallway which leads to the remaining rooms.
The current owners have relocated the kitchen to the rear of the property, and it enjoys French doors leading to the rear garden.
The kitchen has recently been fitted and enjoys excellent worktop space and storage along with fitted dishwasher, washing machine, oven, hob and fridge/Freezer.
The current owners have installed a breakfast bar area to one side of the kitchen.
Next to the kitchen is the modern shower room which again has recently been fitted and enjoys a walk-in shower, toilet and basin and has a feature panelled wall down one-side.
Last of the internal rooms is the main bedroom which is a good-sized double with fitted wardrobes occupying an entire wall. The bedroom enjoys views across the rear garden.
Parking At the front of the property there is the driveway with off-road parking which leads to the single garage.
Gardens At the front there is a path leading to the front porch and the lawn has recently been installed with new low fencing surrounding the boarders.
The property has side access on both sides of the property. The rear garden enjoys a patio off the French doors from the kitchen across the back of the property and has an undercover seating area.
The garden has been laid mostly to lawn with a few mature plants to the rear, all the fencing has also recently been replaced.
To one-side the vendor has built a large workshop shed complete with lighting and power. Agent’s Notes Council Tax: Currently Band C Tenure: Freehold Mains water. Mains drainage. Mains gas.
Mains electricity.
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 Fairwater Close, Kingsteignton
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