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See how verdicts work4-bedroom bungalow · EX36 4AN
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented detached bungalow with self-contained annexe, superb gardens and flexible accommodation.
Entrance hall, bathroom, utility, fitted kitchen, living room, dining room and 3 double bedrooms (master en-suite). Excellent 1 bed self-contained annexe. Enclosed gardens, garage and parking.
EPC Band tbc Situation - 25 Exeter Gate is conveniently situated towards the western edge of the popular market town of South Molton, approximately half a mile from the Town Square.
Known as the ‘Gateway to Exmoor’, South Molton is a traditional market town offering a good range of everyday amenities including schooling from nursery to secondary level, Sainsbury's supermarket, Post Office, banking facilities, pubs, cafés and a variety of independent and artisan shops.
The town is particularly well known for its popular twice-weekly pannier markets and weekly stock market.
The A361 (North Devon Link Road) bypasses the town, providing good access west to Barnstaple and the North Devon coast, and east towards Tiverton and the M5, with Tiverton Parkway providing a mainline rail service to London Paddington.
Description - 25 Exeter Gate is a substantial detached bungalow which has been considerably extended and improved by the current owners to provide spacious and particularly versatile accommodation, including a self-contained one-bedroom annexe.
The main accommodation is well proportioned and includes three reception rooms and three bedrooms, whilst the annexe provides a further living room, kitchen and bedroom accommodation with independent access.
This arrangement offers considerable flexibility and would be well suited to those requiring accommodation for a dependent relative, older children or guests.
Alternatively, the annexe could provide useful space for home working or potentially generate an income, subject to any necessary consents.
The property is complemented by beautifully landscaped and private gardens, together with a garage and driveway parking to the front.
Accommodation - The property provides approximately 1,672 sq ft of versatile accommodation, arranged to offer three reception rooms, three bedrooms within the main dwelling and a self-contained one-bedroom annexe.
The front door opens into a glazed ENTRANCE LOBBY, with a further door leading into the spacious HALLWAY.
The KITCHEN is fitted with a comprehensive range of light-coloured base and wall units, contrasting work surfaces and tiled splashbacks.
There is a freestanding five-ring Flavel cooker with triple oven/grill and extractor hood, together with space and plumbing for a dishwasher and space for a tall fridge/freezer.
A stainless steel sink/drainer, pantry cupboard and further cupboard housing the Worcester boiler complete the kitchen.
The impressive DINING ROOM, measuring approximately 21'7", provides ample space for a large dining table together with a separate seating area, and has a glazed door opening to the outside.
A wide archway leads through to the SITTING ROOM, where an inset multi-fuel fire with stone surround, hearth and mantel provides an attractive focal point. A further door opens to the outside.
A rear hallway with useful store cupboard leads to the spacious, double-aspect MASTER BEDROOM, which benefits from glazed double doors opening onto the rear garden and an EN-SUITE SHOWER ROOM fitted with a modern suite.
There are TWO FURTHER DOUBLE BEDROOMS and a FAMILY BATHROOM, also fitted with a modern suite. The UTILITY ROOM provides space and plumbing for white goods and has a door to the outside.
The Annexe - The self-contained annexe is a particularly useful feature of the property and provides genuinely flexible additional accommodation.
Currently arranged as independent ancillary accommodation, it comprises a LIVING ROOM with space for both seating and dining, a KITCHEN fitted with a modern range of units, inset electric hob and integrated oven/grill, and a DOUBLE BEDROOM.
There is also a separate shower room. The annexe has its own independent access and a door from the kitchen to the rear garden.
It could equally be used as accommodation for a dependent relative, older child or guests, or adapted to provide additional living space for the main dwelling.
Outside - The front garden is predominantly paved for ease of maintenance and bordered by deep beds planted with a variety of flowering plants, shrubs and trees.
There is parking for multiple vehicles in front of the attached garage, with a gate to the side leading to a pretty courtyard garden.
A further courtyard to the right includes a lean-to greenhouse and planted border.
The beautifully landscaped rear garden enjoys a good degree of privacy and provides an excellent space for outdoor entertaining.
Mature planted borders and well-maintained beds surround a garden path, with lawn to one side and a terrace to the other, leading to an impressive gazebo with shingle roof, power and lighting and seating for several people.
Services And Further Information - Mains electricity, water, gas and drainage are all connected. Full uPVC double glazing throughout. Roof mounted PV (solar) array.
Broadband - 'Standard' & 'Superfast' broadband is available (Ofcom). Mobile - Good outside coverage from the major providers (Ofcom).
Viewings - Strictly by confirmed prior appointment through the sole selling agents, Stags on .
Directions - From South Molton Town Square, proceed in a westerly direction and continue into South Street (B3226). Follow this road for approx.
0.3 miles, turn left into George Nympton Road and after a very short distance turn right into Exeter Gate. Continue into the cul-de-sac, and the property will be found approx.
halfway up, on the left with Stags 'For Sale' board clearly displayed. what3words///sharper.quality.fabric
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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