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See how verdicts work2-bedroom terraced house · EX24 6RG
Listing removedListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A terraced house situated in a small cul-de-sac towards the outskirts of the sought after town of Colyton, yet within reach of a wide range of facilities.
The accommodation, which would benefit from some updating comprises; two bedrooms, bathroom, entrance hall with storage, spacious living/dining room, and kitchen.
Outside, there is an enclosed south westerly facing garden at the back with gated rear pedestrian access. Garage with parking is situated in a nearby block.
The property benefits from double glazing and gas central heating, and would make an ideal first time buy, or buy to let property.
Colyton is a pretty little market town (more like a village) with a small town centre offering a good range of daily needs including a convenience store, fish and chip shop, butcher, hairdressers, post office, pharmacy, health centre, garden centre, library and a few other individual shops.
On the edge of the town is the tramway station which operates services throughout the summer along the Axe Estuary to Seaton.
The Jurassic Coast and pretty harbour at Axmouth is just 2.7 miles away and the ever-popular seaside resort of Lyme Regis just 7 miles to the east.
There is a primary school in the town and the well regarded Colyton Grammar School is just over a mile away.
A beautiful Church is at the heart of the town and there is an interesting variety of architecture.
Nearby Axminster (6 miles), has a mainline station with regular trains to London Waterloo and Exeter. The city of Exeter is approx. 25mins by car and the airport just outside Exeter is approx.
19 miles. The accommodation, all measurements approximate, comprises: GROUND FLOOR Two steps leading up to a paved area with space for bins to one side. Storage cupboard housing meters.
PORCH Overhanging storm porch. uPVC (half) double glazed front door. HALL Double cloaks cupboard. Radiator. Glazed door into LOUNGE - 4.98m (16'4") x 4.23m (13'11") Window to rear.
Glazed door to garden. Stairs rising to first floor. Double cupboard. TV point. Radiator.
Night storage heater (N.B The property has been a second home for many years and the storage heater was installed as a means to keep an ambient temperature in the property during cooler months when the property may be left empty for some time).
Door to KITCHEN - 2.39m (7'10") x 2.34m (7'8") Window front. The kitchen is fitted with a range of wall and base units with laminate work surfaces and inset stainless steel sink unit and drainer.
Free standing electric cooker, fridge/freezer and washing machine (included in the sale). Wall mounted gas boiler for central heating and hot water. Radiator. Vinyl flooring.
Door to FIRST FLOOR LANDING Airing cupboard housing lagged hot water cylinder with slatted shelving above. Radiator. Hatch to insulated loft, no ladder.
BEDROOM ONE - 3.38m (11'1") x 3.16m (10'4") (Restricted ceiling height). Velux window to rear. Triple built-in wardrobes.
Radiator BEDROOM TWO - 3.35m (11'0") x 2.07m (6'9") (Restricted ceiling height). Velux window to front. Radiator. BATHROOM Obscure glazed Velux window to front.
Fitted with an avocado coloured suite comprising panelled bath with electric Triton shower over, w.c. and pedestal wash hand basin. Splash back tiling. Radiator. Vinyl flooring.
OUTSIDE REAR GARDEN Doors from the lounge open to the rear garden which is south west facing, ideal for afternoon/evening sunshine.
There is a patio seating area leading to small lawn with shrub planting borders, including Hydrangea, Cotoneaster and Virginia Creeper.
The garden is fenced all around with a lockable pedestrian gate at the rear. PARKING Just opposite the house is a marked parking bay.
GARAGE EN BLOC - 5.52m (18'1") x 2.58m (8'6") A short distance from the house, near the parking area is a block of garages. Number 4 is clearly marked. Up and over metal door to front.
SERVICES All mains services are connected. Water is metered. COUNCIL TAX EDDC. Band B. Currently £1886.04 (2025/26).
BROADBAND Broadband availability at this location can be checked through: MOBILE Mobile coverage can be checked through: FLOOD RISK Flood risk Information can be checked through the following: what3words /// mimes.shatters.differ Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Greenclose Court, Colyton. Devon
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