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See how verdicts work2-bedroom bungalow · EX16 8AZ
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two/three bedroom link-detached bungalow, quietly positioned within a cul-de-sac and benefitting from a driveway and enclosed gardens.
The property is attractively maintained throughout and further advantages include solar panels.
The well-proportioned accommodation comprises an entrance porch leading into the entrance hall, which features both a useful cloak cupboard and an airing cupboard.
The living room is a generous size and enjoys the added feature of a wood-burning stove.
The kitchen has been extended to form a kitchen/diner and is fitted with a range of wall and base units, with space for an electric oven and plumbing for a washing machine.
A door provides direct access to the rear garden. There are two double bedrooms and one single bedroom.
The accommodation is completed by a stylish, partly tiled bathroom, fitted with a bath and shower over, vanity unit with wash hand basin, and WC.
Outside To the front of the property is a level lawn with established flower beds and a concrete pathway leading to the front door.
A driveway provides access to the garage, which has been partially converted at the rear to create an additional bedroom or study.
To the rear is a fully enclosed, level garden, mainly laid to lawn, with a patio seating area, decking, and a pond. The garden further benefits from two timber stores and a greenhouse.
///doubts.rocket.hazy Services Mains water, electricty and drainage. Wood burning stove and solar panels.
Tenure Freehold Council Tax Nddc - B Viewing Strictly by appointment with the sole selling agent Webbers
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
FAQ
About 1, Melhuish Close, Tiverton
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