2-bedroom house · EX20 1PD
Listing removedListed 108 days · slow let
Opportunity summary
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About
Description This well presented home lies within an exceptionally popular cul de sac of properties that was constructed by Millwood Homes in the late 1900's and benefits from being within walking distance of Okehampton Tow centre.
The internal accommodation comprises; entrance hall, lounge, dining room, kitchen, conservatory, two bedrooms and a family bathroom, Outside there is off road parking for two cars and area of lawn to the side of the house and a fully enclosed rear garden.
Council Tax Band: B (West Devon Borough Council) Deposit: £920 Holding Deposit: £184 Entrance Hall Lounge (3.0m x 3.9m) Dining Room (1.9m x 2.9m) Kitchen (2.0m x 2.9m) Conservatory (3.6m x 2.4m) First Floor Landing Bedroom 1 (3.8m x 3.0m) Bedroom 2 (3m x 2m) Bathroom (2.0m x 1.7m) Outside There is a level paved patio area that wraps around the side of the house to the side gate.
There is a further decked area which offers access to a wooden garden shed. There are raised flower bed borders containing shrubs and perennials which has a gravel mulch for ease of maintenance.
The lawn is mainly level and the garden is fully enclosed with wood fence panelling. Off road parking for two vehicles at the front of the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Fern Close, Okehampton
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