2-bedroom bungalow · TQ12 4JQ
For saleReduced £15k (−5.5%) on 5 SepListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom bungalow for sale in sought after location with gardens, garage and driveway.
Description Two bedroom bungalow for sale in sought after location, offering a large light and airy lounge leading through an arch to a modern kitchen.
The Master bedroom has wall to wall fitting wardrobes, the second double with French doors leading out to a patio, modern bathroom with large walk-in shower and utility cupboard.
This property features privately owned solar panels providing economical living and an annual income from the grid. The good size garden has a side gate to access the garage and long driveway.
No chain.
Material Information What3words: ///edicts.scorching.nest Tenure - Freehold Local Authority - Teignbridge Council Council Tax Band - C Mining Check - Low risk Parking – Long driveway for several cars Mains Services - Electric, Gas, Water, Drainage 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 15, Heath Park, Devon
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