2-bedroom bungalow · EX2 8SF
Listing removedReduced £10k (−3.4%) on 29 JulListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after and level position within Alphington, this delightful two-bedroom semi-detached bungalow is offered to the market with no onward chain, making it an ideal and stress-free purchase.
Description The property boasts two generously sized double bedrooms, a bright and airy lounge, and a modern fitted kitchen. A contemporary wet room adds to the home’s practicality and comfort.
Externally, the bungalow truly shines, featuring beautiful, easy-to-maintain gardens to three sides.
These sunny outdoor spaces include a charming garden room, well-established mature flowers and shrubs, and a mix of stoned areas, patio seating, and astro-turfed sections-perfect for relaxing or entertaining with minimal upkeep.
This is a rare opportunity to acquire a well-presented bungalow in a prime and desirable location, ideal for those seeking single-level living in a peaceful yet convenient setting.
Material Information Tenure: Freehold Local Authority: Exeter City Council Council Tax Band: C Rights and Restrictions: Tbc Mains: - Water, drainage. Electric, gas Heating: Gas Central Heating
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 16, Mandrake Close, Devon
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