2-bedroom terraced house · EX17 2EH
For saleListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely house would make the perfect first home with its low running costs and modern finish.
The accommodation includes a good size living room, modern kitchen and bathroom, two double bedrooms and sunny patio and gardens to the rear as well as allocated parking.
Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons, Lidl and Tesco superstore are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course as well as a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description The accommodation includes the front door to the entrance porch with stairs to the first floor and a door to a useful store cupboard under.
The lovely kitchen is well fitted with modern floor and base units including a built in oven and hob.
The good size sitting/dining room 14'8'' x 14'2'' enjoys a window and double glazed patio doors to the rear garden patio.
The first floor consists of the landing area with access to both of the double bedrooms with the front bedroom benefitting from the over stair cupboard.
The modern bathroom is well fitted with a shower over the bath. Outside there is a path to the front door with gravelled areas to each side with a lovely mature tree to the front boundary.
The rear gardens benefit from a patio area adjacent to the property with steps up to the terraced garden with further seating areas and garden shed/store.
The off road parking area is adjacent to the property on the left hand side.
Directions And Material Information What3Words: ///trembles.geology.look Material Information: Mains electricity, water and drainage. Gas central heating and hot water.
Mid Devon District Council - Band B. Freehold. Allocated parking adjacent to the properties.
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
Agent & docs
FAQ
About 25, Queen Elizabeth Drive, Devon
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