2-bedroom house · EX17 3BA
For saleReduced £5k (−2.9%) on 9 OctListed 184 days
Opportunity summary
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About
This well presented home offers the chance to purchase a town cottage within easy walking distance of the centre, as well as a nearby bus stop and the railway station.
The accommodation includes sitting/dining room, kitchen, two bedrooms and bathroom as well as enjoying a private garden and renovated outbuilding across a shared courtyard.
Location Crediton is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on.
There is a regular daily bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
It has excellent schooling facilities at both senior and junior levels. The town has a selection of shops with a Morrison’s, Lidl and a Tesco superstore.
Description The front door leads into the entrance hall and in turn opens to the good size sitting/dining room with a window to the front, fireplace and dining area plus the staircase to the first floor with a cupboard under.
The kitchen is fitted with a range of units and a door and window to the outside. The first floor consists of the front and rear bedrooms and bathroom.
A side entrance gives access across the shared yard to the rear of the cottage and access to the outbuilding/store, further covered area and the private well stocked and planted rear garden.
Directions And Material Information What3Words: ///reworked.unto.pirate Material information Mains electricity, water and drainage. Gas central heating and hot water.
Mid Devon District Council - Band A Freehold Parking: On road Flood Risk: Only at risk from surface water.
Broadband and Mobile Signal Availability - We advise you to check via the Ofcom website: Broadband and mobile coverage checker - Ofcom
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
Agent & docs
FAQ
About 52, East Street, Devon
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