2-bedroom terraced house · EX5 1LS
Listing removedListed 339 days
Opportunity summary
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About
A pretty 2 bedroom mid-terrace cottage located in the heart of the village and on the market for the first time in many years, in need of general updating, sitting room with open fire, first floor bathroom and courtyard garden to the rear - No onward chain.
EPC: F.
Situation - 2 Woodbury House is situated in the centre of the village of Woodbury, one of East Devon’s most sought-after villages, with an excellent range of local facilities including a 15th century parish church, village school, shop, garage and two pubs.
Darts Farm and Greendale Farm shops are a short drive, providing an excellent range of quality food shopping.
Woodbury Park Golf and Leisure Club is 2 miles, whilst it is in easy reach of the popular beaches of Budleigh Salterton and Exmouth.
Woodbury Common with acres of unspoilt land is to the north of the village.
The cathedral city of Exeter is an easy commute to the west and offers a wide range of facilities, rail links on the Paddington and Waterloo lines, access to the M5 at Junction 30 and Exeter International Airport.
Accommodation - The front door opens into an entrance hall with stairs rising to the first floor and at the end of the hall a door opens into a spacious sitting room with a window to the front and there is an open fire.
A door opens into the kitchen to the rear which is in need of updating with a door leading to a courtyard garden.
On the first floor are two double bedrooms and a bathroom fitted with a panel bath, hand wash basin and a low level W.C.
Outside - To the front of the property is a shared pathway leading to the front door and at the rear an enclosed garden with a patio, raised area for growing vegetables and a garden shed.
Services - Current Council Tax: B Utilities: Mains electricity and mains water. Drainage: Mains drainage Heating: Wall mounted electric heating. Tenure: Freehold.
Standard, ultrafast and superfast broadband available. EE, O2, and Vodafone mobile networks available (Ofcom). Agents Note - Please note that there is a small area of flying freehold at the property.
Please speak to the agent for further information. Directions - From Exeter head out towards junction 30 of the M5 and on reaching the roundabout, go straight across following signs to Exmouth.
Turn right at the next one, continue along the dual carriageway and at the next roundabout turn left.
Follow the road into Woodbury at the cross roads turn left, continue along and the cottage is on the right hand side at the end of a gravelled driveway, just before Flower Street.
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.
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