4-bedroom detached house · EX4 8QT
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to acquire this five-bedroom detached family home located in a sought-after location and being sold with no chain.
The property is currently being completely renovated and will be finished to a high standard throughout. We can arrange viewings, but be mindful work is ongoing and progress is happening daily.
Entering the property is a welcoming entrance hall, to the left is a large living room with bay window and new double doors, to the right will be the spacious kitchen dining/family room with bi-fold doors on to the garden.
Note: The kitchen hasn’t yet been chosen, so if you are interested early enough, the sellers have said they would consider letting the purchaser choose the kitchen themselves with a set budget if a small holding deposit is paid before exchange.
There is also a utility and cloakroom being built on the side of the property. Leading upstairs, a stunning picture window has been added overlooking the garden and flooding the space with light.
The master bedroom benefits from an en-suite shower room, a further four bedrooms and of course the family bathroom.
Outside, the rear garden has been levelled and is being completely landscaped with a large patio area, as well as decked area and the rest will be paid to lawn.
To the front is the large double garage (an electric charge point will be installed) and a driveway for multiple vehicles. There are also solar panels on the house.
For more information and to arrange a viewing, contact us now on .
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 3, The Panney, Devon
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