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See how verdicts work3-bedroom house · EX11 1EW
Listing removedListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase one of these deceptively large three-bedroom semi-detached properties, situated in a cul-de-sac on the northern edge of the popular market town of Ottery St Mary.
This design has: An entrance porch, a large sitting/dining room with patio doors on to the rear garden, a kitchen with integrated oven and hob, space for a dishwasher and sun room, which also has access onto the rear garden.
On the first floor there are three good-size bedrooms; bedroom 3 with built-in wardrobe and a family bathroom with cupboard. Viewing is strongly recommended. No chain.
The outside To the front of the property is a double-width driveway with a small lawned garden to the side with shrubs and a single integral garage.
The rear garden is level, secluded and well fenced to the boundaries. The garden is mainly laid to lawn with a patio area, flowering borders with mature Clematis to the corner.
The cabin (2.2 wide by 3.4 long) is fully insulated with windows and electricity connected and can be used as a work from home room. Directions From our office, proceed north along North Street.
After approximately 3/4 of a mile, turn right onto Butts Road first left into Meadow Close and the property will be found on the left-hand side.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, greengrocer, bakery, chemist, supermarket etc.
There is an excellent range of schools including The Kings School and a first-class medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
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
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FAQ
About 9 Meadow Close, Ottery St Mary
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