4-bedroom detached house · EX20 1SX
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION This well presented property is situated on a popular residential development towards the eastern outskirts of Okehampton within easy reach of both the A30 and the new railway interchange.
The town centre and amenities are approximately ½ a mile away. The property is on a small cul-de-sac away from major roads and thoroughfares.
Okehampton lies on the northern edge of Dartmoor National Park. It is approximately 30 miles from both the north and south Devon coasts.
There are superb local beauty spots where one may enjoy walking, riding, and fishing. The shopping area contains supermarkets as well as many interesting locally owned shops.
Primary and secondary education is well catered for in local schools and the recreation ground and park contain, amongst other things, a covered heated swimming pool.
Most sports are available including 18-hole golf course, squash courts, indoor rifle range and thriving rugby and soccer clubs. The cathedral city of Exeter lies approximately 23 miles to the East.
DESCRIPTION Built in the 1990’s and extended by the current owners, this property arranged over two levels offers excellent family accommodation with all the contemporary benefits of solar energy and battery storage.
Additional to this there is also a Biomass pellet stove providing back for the hot water system.
The accommodation which is finished to a very good standard throughout briefly comprises, entrance hall; large utility(5.34m×2.39m) includes stainless steel sink, worktop space and extensive cupboard storage; well appointed kitchen(4.29mx2.96m) range of wall and floor units under block wood work surface; open plan dining area (3.17mx2.58m) with double doors to conservatory(2.76mx2.46m); Sitting room(4.04mx382m)max, bay window to front providing good natural light.
Staircase to the first floor landing and doors to; Bedroom 1 (5.26mx2.49m) window to front and ensuite (2.49mx1.78m); bedroom 2 (3.21mx2.67m) and built in cupboards; bedroom 3 (2.72mx2.68m) window to front and built in cupboards; bedroom 4 (2.26mx2.14m) window to front.
The property is lit by LED lighting throughout and also benefits from a hot wired fire alarm system with strobe light and vibration warning device.
Outside to the front there is off road parking and to the rear is an enclosed low maintenance garden with south westerly aspect ensuring a good degree of sunshine for al fresco dining.
This is a very well appointed property which requires viewing to be appreciated.
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 Pound Park, Okehampton, EX20
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