2-bedroom bungalow · EX14 2UA
Listing removedReduced £15k (−6.3%) on 10 JulListed 368 days
Opportunity summary
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About
Offered with no onward chain is this two bedroom semi-detached bungalow situated within a popular residential area.
Requiring some updating, the accommodation briefly comprises entrance hallway, living room, kitchen, bathroom, two bedrooms with conservatory off bedroom two.
Also benefits from a long driveway, single garage and good size gardens to front and rear. Step up front entrance door opening into hallway. Living room with bay window overlooking the front aspect.
The kitchen has a range of units, work surfaces, space for appliances and window to side aspect.
There are two double bedrooms to the rear aspect overlooking the garden with bedroom two having a door opening into the rear conservatory, a useful additional space, overlooking and giving access to the rear garden.
Three piece bathroom suite with shower over the bath. Externally, to the front there is an open plan garden mainly laid to lawn with long driveway to side leading to the single garage.
The attractive rear garden is also mainly laid to lawn with a crazy paved area and established planted beds and borders, enclosed by hedging and fencing. Material Information: EPC Rating: C.
Tenure: Freehold Council Tax: East Devon District Council. Tax Band: B. Services & Heating: Mains electric, gas, water and drainage. Gas central heating. Parking: Driveway & Single Garage.
Directions: What3words: ///system.sweeping.marsh Location: Situated in a popular residential location of Honiton within easy walk to Tesco supermarket and the bus stop for the town service and Sidmouth.
The bustling market town centre has a variety of shops and businesses, there are schools, library, active community centre, doctors surgery and hospital, leisure centre with swimming pool and gym as well as a railway station with regular services to Exeter and London Waterloo.
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
Agent & docs
FAQ
About 25, Chestnut Way, Devon
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