2-bedroom bungalow · EX14 1AS
Under offerListed 429 days
Opportunity summary
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About
SITUATION 3 Bramble Lane is situated in a small cul de sac on the western side of this delightful and bustling market town.
The property enjoys a sunny east west elevation and stands in level gardens and grounds which have been created for ease of maintenance and is within easy access to all the town's amenities.
Honiton is a bustling market town with a thriving community and is particularly well known as an antique and book centre. It has most of the usual multiples such as W. H.
Smith, Tesco and Boots, as well as a variety of independent shops, restaurants, schools, sports centre/swimming pool, golf club and main line rail link to London (Waterloo).
The Regency coastal resort of Sidmouth is about 9 miles to the south with its wide pebble beach (sand at low tide), long esplanade and range of independent shops and boutiques.
Sidmouth lies on a World Heritage Site known as the Jurassic Coast, over which there are delightful picturesque walks and dramatic scenery.
THE PROPERTY 3 Bramble Lane is a well-proportioned and extended two double bedroom detached bungalow that has been beautifully maintained during the past 30 years of occupation.
The gas centrally heated and double-glazed accommodation has a traditional entrance hall with engineered oak flooring which leads to the good-sized sitting room with a fitted gas fire.
There is a large modern kitchen/dining room with plenty of storage including integrated dishwasher, Washing machine and a fridge/freezer.
There are two double bedrooms, the principal bedroom has fitted wardrobes and a lovely en-suite shower room. The family bathroom has a modern bathroom with a Jacuzzi bath and shower over.
Attached to the rear of the property is a wonderful triple aspect sun room with access out to the raised deck area.
OUTSIDE The good-sized, enclosed and established gardens are a real delight with a large lawn and full-width flagstone patio which provides a perfect place to sit out during fine weather.
There are fully stocked mature beds and borders that provide year-round colour and interest. Gated pedestrian access to both sides.
There is a garage to the side with an electric up and over door, power and light. A driveway provides plenty of off-street parking. The front garden has been laid to shingle for ease of maintenance.
BROADBAND & MOBILE. The seller has advised us that broadband is available.
Broadband availability at this location can be checked through: checker.ofcom.org.uk/ Mobile coverage can be checked through: checker.ofcom.org.uk/en-gb/mobile-coverage FLOOD RISK Flood risk information can be checked through the following:
Value & comps
No previous sales on record.
Returns
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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 3, Bramble Lane, Honiton, Devon
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