2-bedroom bungalow · EX24 6PG
For saleListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached two bedroom bungalow situated in a sought after location within easy reach of the town centre, occupying a corner plot with mature gardens, conservatory, garage, driveway parking and useful garden studio.
The Property: 41 Govers Meadow is a detached two bedroom bungalow occupying a generous corner plot within this highly sought-after residential area, conveniently located within easy walking distance of Colyton town centre and its excellent range of amenities.
Enjoying attractive mature gardens, driveway parking, a garage and a versatile garden studio, the property offers comfortable single-storey living with further potential for buyers to update and personalise to their own taste.
The property benefits from double glazed windows and gas central heating throughout.
An inset porch with external cupboard, gives access to the front door which opens into the entrance hall with useful storage cupboards and access to the principal accommodation.
The spacious living room is a particularly bright and inviting reception room, with a multi-fuel stove and sliding patio doors opening into a sizeable conservatory.
Overlooking the rear garden, the conservatory provides an excellent additional sitting area with direct access outside.
The accommodation includes a separate dining room which leads through to the kitchen, fitted with a range of matching base and wall units with wood effect work surfaces and space for a cooker, washing machine, slimline dishwasher and fridge freezer.
A door from the kitchen provides further access to the rear garden.
There are two good size double bedrooms, with the principal bedroom enjoying views over the rear garden, whilst the second bedroom benefits from fitted wardrobes.
The accommodation is completed by a shower room.
Outside: Occupying a corner position, the property enjoys established gardens to the front and side planted with a variety of mature shrubs and flowering plants.
The enclosed rear garden offers an attractive outdoor space with areas of lawn, patio seating areas, raised beds, fruit trees and a summer house, creating an appealing setting for both keen gardeners and those looking to relax outdoors.
A particular feature is the useful studio situated behind the garage, providing a versatile space suitable for a home office, hobby room, artist's studio or gym.
The property also benefits from a single garage and driveway parking for two vehicles. What3Words: ///lend.cabs.giving Council Tax: We are advised that this property is in Council Tax Band D..
East Devon District Council. Services: We are advised that all mains services are connected.
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.
Area
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FAQ
About 41, Govers Meadow, Colyton
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