4-bedroom house · EX16 4PX
For saleListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extended bungalow in peaceful cul-de-sac, featuring open-plan living with a modern kitchen, log burner, generous gardens, and easy access to stunning cycle and walking routes.
Set in a quiet cul-de-sac close to the Grand Western Canal, this detached four-bedroom bungalow sits on a generous corner plot with ample parking.
The property has been extended and updated over the years to create a practical and comfortable home. The entrance hall leads to four bedrooms, a family bathroom, and a separate cloakroom.
The sitting room features a multi-fuel burner and a large front window that fills the space with natural light.
At the back, the extended kitchen/dining/family room offers an excellent everyday living area, fitted with modern units, an island with breakfast bar, a feature wood-burning stove, and French doors opening directly onto the garden.
There’s also a useful utility area with space for appliances and additional storage.
Outside, the brick-paved driveway provides parking for several vehicles, and an electric point for a caravan or motorhome.
The gardens are mainly laid to lawn with mature planting, a patio area, greenhouse, and a summerhouse.
Lime Tree Mead is close to picturesque walks along the Grand Western Canal and within a 15-minute drive of Tiverton Parkway train station.
The highly regarded Blundell’s School is within a 10-minute walk.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 24, Lime Tree Mead, Devon
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