2-bedroom bungalow · EX2 8XH
Listing removedListed 104 days
Opportunity summary
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About
Detailed Description A fantastic opportunity to acquire this two bedroom detached bungalow positioned within a popular cul de sac in the sought after village of Alphington.
The property boasts good size living accommodation front and rear gardens, off road parking and a garage and is within close proximity to local amenities.
The property is being offered with no onward chain. EPC D, Council Tax Band D, Freehold. Front door to.. hallway: Loft access, storage cupboard, radiator, door to..
Lounge: 4.6m x 3.3m (15'1" x 10'10") , Double glazed window to the side, gas fire, radiator, double glazed sliding doors to the conservatory.
Conservatory: 3.1m x 3.0m (10'2" x 9'10") , Double glazed windows to the side and the rear, double glazed door to the rear garden.
Kitchen/diner: 5.2m x 3.7m (17'1" x 12'2") , Base cupboards and drawers with worktop over, one and a half bowl sink and drainer, space for cooker, space for low level fridge, space for washing machine, wall mounted cupboards, cupboard housing wall mounted boiler, radiator, double glazed window to the side and the rear, door to the rear garden.
Bedroom 1: 4.0m x 3.3m (13'1" x 10'10") , Double glazed window to the front, radiator. Bedroom 2: 3.6m x 2.8m (11'10" x 9'2") , Double glazed window to the front, radiator.
Bathroom: Close coupled WC, wash hand basin, panelled bath, separate shower cubicle with shower over, radiator, obscure double glazed window to the side.
Outside: To the front of the property a driveway provides off road parking for multiple vehicles and leads to the garage and front door with section of grass lawn and well stocked flower beds.
To the rear of the property is an enclosed garden mainly laid to lawn with hedgerow and handy greenhouse, perfect for growing your own.
Garage: 5.1m x 2.5m (16'9" x 8'2") , Window to the side, opening doors to the front, power supply.
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 14, St Michaels Close, Exeter
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