3-bedroom terraced house · EX14 1NG
Listing removedListed 303 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom mid terrace property just a short walk from Honiton town centre. No chain. An ideal first home or investment property just a short walk from Honiton high street.
The generous accommodation includes on the ground floor, an entrance porch, large sitting room opening out to a dining room with kitchen off it.
On the first floor a landing leads off to three good sized bedrooms and a family bathroom. The property further benefits from double glazed windows and external doors.
Gas fired central heating with radiators throughout. Phillips Square occupies a convenient spot just a short walk from Honiton's bustling shopping centre.
The town has a mainline railway station with a regular rail service linking Honiton to Exeter and to London Waterloo and the A30 provides a fast road link to the county town of Exeter and Junction 29 of the M5 Motorway.
Gardens to both the front (gravelled) and rear mainly laid to lawn with useful store. Parking is on street.
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
FAQ
About 8, Phillips Square, Devon
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