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See how verdicts work3-bedroom detached house · EX14 2FS
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with NO ONWARD CHAIN is this detached house enjoying a larger than average plot within a popular residential cul-de-sac. Well-proportioned accommodation with scope for updating as required.
Briefly comprises cloakroom, living room, dining room, conservatory, kitchen, utility, three bedrooms and family shower room. Level rear garden, garage & driveway.
Description: Front door opening into hallway with ground floor WC and stairs rising to first floor.
Living room with window overlooking the front aspect and door opening into dining room with sliding patio doors out to the conservatory, which is a useful additional space overlooking and providing access to the rear garden.
The kitchen has a good range of units, work surfaces, space for appliances and door into the utility room which has further storage and appliance space and a door to the rear garden.
On the first floor there are two double bedrooms, a single bedroom and shower room with modern white suite.
Externally, to the front there is a small lawn area with shrubs and hedge, gate to side, driveway and turning area and a single garage.
The level rear garden is enclosed by wooden fencing and mainly laid to gravel and patio for easy maintenance, with plant beds and an area of lawn to the side.
Location: Butts Close is a cul-de-sac situated within a popular residential area towards the outskirts of Honiton, yet within easy walking distance of Tesco and the town bus route stops.
Honiton has many amenities including supermarkets, independent traders and regular street market, Primary and Secondary schools, active community centre, library, medical centre, railway station with regular services to Exeter and London Waterloo as well as good road links to the A30/A35 with the M5 accessed at Exeter, Cullompton or Taunton.
Material Information: Tenure: Freehold. East Devon District Council. Tax Band D. Services & Heating: Mains electric, gas, water and drainage. Gas central heating. Boiler installed Jan 2023.
Parking: Driveway & Garage. Right of way access to the driveway. Directions: what3words: ///handyman.respect.brightens
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Butts Close, Honiton, Devon
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