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See how verdicts work2-bedroom semi-detached house · EX15 1GP
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern, semi-detached house in a popular residential area, with garden and off road parking.
Within easy reach of the town's amenities, bus services and quick access to Exeter and the motorway network for commuting.
This modern, neutrally decorated house was built about 13 years ago and offers very comfortable, well-appointed accommodation with good-sized rooms, ideal for a first home or investment.
The sitting/dining room is a generous size with patio doors leading out to the paved garden, which enjoys a southerly, sunny aspect, great for barbecues and entertaining.
From the hallway, there is a useful, downstairs cloakroom and storage cupboard and the kitchen, opposite, is fitted in timeless wood style, with an integrated oven and hob with extractor hood and light over and space for appliances.
Upstairs, there are two double bedrooms, the larger one with a built-in wardrobe and en suite shower room. The main bathroom is fitted with a white suite.
To the rear of the house, the garden is enclosed with a shed to one side, and a side gate provides access to the designated parking space. Services: Mains electricity, water, drainage and gas.
Council Tax: Band B Local Authority: Mid Devon District Council Tenure: Freehold Estate maintenance charge: Tbc Estate Management Company: Tbc Parlour Mead lies about a mile from the centre of Cullompton, and a shorter step from two popular primary schools, Willowbank and St Andrews.
The town has a range of local shops, including 'Veyseys', an award-winning butcher's; take-aways and popular cafes including, 'The Lime Tree', 'The Bakehouse' and 'Nosh'; and mini-markets, Tesco, Aldi and Home Bargains supermarkets are all within easy reach.
Other amenities include Cullompton Community College for secondary education, a contemporary health centre, library and community centre, a second doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
From the town, there are popular walks along the town leat, through the meadows beside the River Culm and along surrounding country lanes, one locally leading to the popular rugby club!
Cullompton is ideally placed for commuting, with quick access to Exeter via J28 of the M5 or the B3181 main road through Broadclyst and Pinhoe.
There are regular bus services through the town and rail links at Tiverton Parkway Station (London Paddington in 2 hours) and Honiton Station to London Waterloo.
The 'Megabus Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport. Exeter c.14 miles Taunton c.
23 miles Tiverton c. 7 miles Tiverton Parkway Station c. 6 miles Honiton c. 11 miles
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About Parlour Mead, Devon
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