2-bedroom house · EX15 1AQ
Sold STCReduced £8k (−4.8%) on 22 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LW1117 - lewis watts A substantial period terraced property offering generously proportioned accommodation and considerable potential for modernisation and improvement.
The property retains a wealth of character, including attractive red-brick elevations, prominent bay windows, high ceilings, decorative coving, traditional fireplaces and extensive timber panelling.
Internally, the accommodation includes spacious reception rooms, a fitted kitchen, well-proportioned bedrooms and bathroom facilities, with several useful built-in cupboards providing excellent storage.
The reception room features a large bay window, decorative fireplace and period-style wall panelling, while the kitchen is fitted with a range of timber-fronted units, contrasting work surfaces and integrated cooking appliances.
The bedrooms are particularly generous, with the main bedroom benefiting from multiple windows, fitted wardrobes and far-reaching views across the surrounding area.
A substantial loft space is currently arranged as a hobby room and houses an extensive model railway layout.
This area may offer further potential, subject to the necessary planning permissions and building regulations.
Outside, the property is approached through an enclosed garden with pathways and handrails.
To the rear is a long garden with paved areas, established planting, greenhouses and several useful sheds and outbuildings.
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
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FAQ
About 4, Bellevue Terrace, Cullompton
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