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See how verdicts work4-bedroom house · EX11 1JH
For saleReduced £10k (−2.6%) on 31 JulListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a popular residential area is this 4-bedroom detached house which can be found in the much favoured town of Ottery St Mary.
The accommodation comprises: Entrance hallway, cloakroom, office/playroom, kitchen which is fitted with a range of units, worktop surfaces, built-in oven and hob, tiled flooring.
On the first floor there are 4 bedrooms, two with built-in wardrobes and a family bathroom suite. The property has gas central heating and double-glazed windows. Viewing is strongly recommended.
The outside To the front is a lawned garden with shrubs, a driveway offering parking. The side entrance leads to the rear garden.
There is a timber decked balcony which is accessed from the living room, with steps down to a paved patio and lawned garden.
There is also a basement offering further potential subject to the necessary consents.
Directions From the town centre, proceed along Yonder Street, turn right onto Slade Road, take the first left into Slade Close and then turn left, follow the road around and proceed into Chineway Gardens and the property will be on your left.
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, greengrocer, bakery, chemist, supermarket etc.
There is an excellent range of schools including The Kings School and a first-class 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
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 53 Chineway Gardens, Ottery St Mary
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