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See how verdicts work3-bedroom house · EX13 5GY
Listing removedReduced £10k (−3.2%) on 1 JulListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom, end of terrace modern home which was built in 2022 and comes to the market with no onward chain.
The Property This impressive double fronted property offers plenty of space for a growing family and has been well maintained by the current owner.
The property is particularly light and airy with many dual aspect rooms and is decorated neutrally throughout.
Accommodation On entering the property, you are greeted by a central hallway with stairs rising to the first floor and a useful downstairs cloakroom.
From the hallway hard flooring runs through to an impressive dual aspect kitchen/dining room and utility room which includes double doors that lead out to the garden.
The kitchen is comprehensively fitted with a wide range of modern units with a built-in oven and hob and space for a table.
The utility is located to the rear of the kitchen, providing space and plumbing for a washing machine and if required, a condenser dryer.
On the opposite side of the hall is the light and airy dual aspect sitting room. To the first floor are three well-proportioned bedrooms and a beautiful main bathroom.
The master bedroom includes an en-suite shower room. Gas fired central heating, mains wired smoke alarms and extensive double glazed windows throughout.
Outside The rear garden enjoys a fantastic westerly aspect with pleasant views which can be enjoyed from the patio. Gated access to the parking area which leads to two allocated parking spaces.
Local Authority East Devon District Council, Honiton, Devon. Tel Council Tax Band C Situation Chapel Way is part of a new modern housing development less than a mile from the town centre of Axminster.
The market town of Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The beautiful Axe Valley with its renowned bird sanctuary reaches the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles. Axminster itself offers a selection of shops including two supermarkets; schools, as well as churches, cafes and restaurants.
Directions ///swoop.print.scarves Services Mains Electricity, Gas, Water & Drainage.
Broadband: Ultrafast broadband is available Mobile network coverage: There is mobile network coverage available in the area. Please refer to Ofcom's website for further details.
Source- Material Information 1.) There is an annual estates and management charge for the upkeep of the communal areas within the development.
2.) The property is at very low risk of flooding from both surface water & rivers and seas. Source-
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.
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FAQ
About 23, Chapel Way, Axminster
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