2-bedroom bungalow · EX20 1TB
Listing removedListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unfurnished bungalow with gas fired central heating and double glazing situated on the edge of town.
Link to application form Directions From the town take the B3215 towards Crediton and towards the top of the hill turn right into Hunters Gate.
Follow the road through the development and The Heathers is located after a short distance on the left hand side. Entrance A upvc front door opens to the entrance hall.
Kitchen A fitted kitchen with a range of wooden floor and wall units, beige roll top work surface, inset stainless steel bowl sink, electric cooker with extractor hood over, vinyl floor covering, upvc window.
Living Room Fitted carpet, upvc window, radiator, French doors opening to the garden. Bedroom One Fitted carpet, radiator, upvc window, dressing table, overbed storage unit.
Bedroom Two Fitted carpet, radiator, upvc window, fitted, carpet, built in wardrobe and dressing table.
Bathroom A suite comprising of a close coupled toilet, pedestal wash basin, paneled bath with shower attachment over, tiled surrounds, vinyl floor covering, double glazed window.
Outside The property has a good sized garden, a convenient courtesy door leading to the garage ( with power and light), and a side gate offering easy access to the property and parking space.
Material Information/Utilities Water - Mains connection Drains - Mains Electric - Mains Heating - Gas central heating Broadband - Highest download speed - 13MBPS (ofcom) Mobile - All carriers likely (ofcom) Council Tax Band - C Please note photos are from 2025
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 41, The Heathers, Okehampton
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