3-bedroom semi-detached house · EX11 1TA
For saleReduced £15k (−3.7%) on 8 SepListed 50 days
Opportunity summary
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About
Situated in a sought-after residential cul-de-sac on the edge of town with no housing opposite, which creates a pleasant leafy feel to the close.
The accommodation benefits from UPVC double glazing and gas central heating. It occupies a good-sized level plot with easy access from the house to the garden, and it includes a stairlift.
A very useful porch provides access to a spacious living room with a large window and a pleasant outlook.
This leads to the kitchen/dining room, which is fitted with matching modern units and roll-edged worktops and patio doors.
A rear lobby with a separate WC and access to the garage complete the ground floor rooms.
Upstairs is a large landing with a hatch to the loft, 3 bedrooms, and a fully tiled family bathroom with a shower over the bath.
To the front of the house is an extra-wide brick paver drive providing comfortable parking for 2 vehicles.
The large garage has an automatic roller shutter door, incorporates a useful utility area, and has wide patio doors through to the rear garden.
The rear garden is level and enclosed – ideal for children and pets.
It features an extensive paved terrace with its own raised flower/vegetable bed, beyond which is a level lawn and a large aluminium greenhouse.
A particular feature is the superb detached workshop 11m X 3.5m which offers excellent natural light with UPVC double-glazed windows and a large roof window, and there is useful loft storage plus excellent lighting and electrics.
Directions From the town square, proceed along Jesu Street and Yonder Street and onto Chineway Road. Turn left into Kennaway Road and then immediately right into Kings Avenue.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, coffee shops, chemist, florist etc.
There is an excellent range of schools, including The Kings School. There is also a supermarket, dentist and a medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
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.
Area
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FAQ
About 8 Kings Avenue, Ottery St Mary
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