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See how verdicts work3-bedroom bungalow · EX6 6JN
For saleReduced £25k (−6.7%) on 4 SepListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented home situated on the edge of the village in a very convenient and accessible area.
The accommodation includes three bedrooms, quality fitted shower room, recently updated modern kitchen/breakfast room, good size sitting room opening out to the garden room/conservatory with lovely garden and rural views plus plenty of parking to the front.
Location Cheriton Bishop is a thriving community on the North Eastern flanks of the Dartmoor National Park and has a well-regarded pub, post office/stores, health centre with pharmacy, village hall, veterinary surgery along with primary and pre-school.
The village of Tedburn St Mary has a similar number of facilities.
The university and cathedral city of Exeter lies ten miles to the east and has all the amenities one would expect of a centre of its importance including excellent shopping, dining, theatre and sporting amenities.
Exeter has two railway stations and an airport to the east of the city.
Description This well-presented village bungalow benefited from a complete upgrade in 2022 which included a new quality kitchen, bathroom and PVCu double glazed doors and windows.
The accommodation includes the entrance porch leading to the hallway giving access to most of the principal rooms.
The sitting room is a notable room having a brick fireplace and inset living flame fire with double doors to the conservatory/garden room which overlooks the gardens with far reaching rural views beyond.
The kitchen has been upgraded to a high standard with a fantastic range of units and built-in appliances but still offering space for a breakfast table.
The three bedrooms are all a good size and the shower room has also been updated to a high standard.
Outside there is plenty of parking to the front whilst the rear garden is accessed from two sides with an outside utility and adjoining store, leading to the private lawned garden with patio and decked seating area with hot tub.
Location And Material Infomation Directions: What3Words - ///solder.bikers.resources Material Information: Mains electricity, water and private drainage. Oil fired central heating and hot water.
Teignbridge District Council - Band D Freehold Parking: Driveway with parking for numerous cars.
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 The Cottage, Springfield Park,, Cheriton Bishop, Devon
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