2-bedroom flat · EX20 1BB
For saleReduced £10k (−8.3%) on 15 OctListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Ground Floor Leasehold Flat with Allocated Parking A well-presented and conveniently located two-bedroom ground floor leasehold flat, ideally situated within easy walking distance of Okehampton town centre.
Offering comfortable and easily accessible accommodation, allocated parking and the benefit of no onward chain, this property represents an excellent opportunity for first-time buyers, investors or those looking for a conveniently positioned home.
The property is well maintained throughout and provides practical ground floor living, making it an appealing choice for those seeking accommodation with easy access and minimal stairs.
The two-bedroom layout offers flexibility for a variety of lifestyles, with the second bedroom suitable for use as a guest bedroom, home office or additional living space depending on the requirements of the new owner.
One of the property's key benefits is its allocated parking space, providing convenient off-road parking.
There is also street parking available in the surrounding area, offering additional parking options for residents and visitors.
The property is ideally placed for enjoying all that Okehampton has to offer, with the town centre within walking distance.
A range of local amenities can be found nearby, including shops, supermarkets, cafés, restaurants and everyday services.
The location also benefits from good transport links, making it convenient for those commuting to surrounding towns and villages or travelling further afield.
For buyers looking to move without the complications of a property chain, the flat is offered with no onward chain, potentially allowing for a smoother and more straightforward purchase, subject to the usual legal and conveyancing processes.
With its convenient location, accessible ground floor position, allocated parking and proximity to local amenities, this property offers a practical and appealing opportunity in Okehampton.
It would make an excellent first home for those taking their first step onto the property ladder, while also offering potential appeal to investors seeking a well-positioned property.
The property is subject to Council Tax Band A and has an Energy Performance Certificate rating of D.
Early viewing is recommended to appreciate the property's convenient location, well-maintained accommodation and the benefits it has to offer.
With its combination of two bedrooms, parking, accessibility, excellent local amenities and no onward chain, this property is well worth consideration.
Nestled on the northern edge of Dartmoor, Okehampton is a charming Devon market town that blends rural beauty with modern convenience.
Often called the “Gateway to Dartmoor, ” it is surrounded by rugged moorland and rolling countryside, making it a haven for nature lovers and outdoor enthusiasts.
The town offers a vibrant community atmosphere and a wide range of amenities.
Alongside independent shops, cosy cafés, and a historic market, Okehampton also has several supermarkets including a Waitrose.
The recently reopened Okehampton railway station offers direct train services to Exeter, connecting residents and visitors to the wider region with ease.
Okehampton also has excellent local schools, a community hospital, and a strong sense of local pride.
With easy access to Exeter and the A30, the town blends the tranquility of rural life with the convenience of city connections.
For those seeking a balance between countryside charm and modern amenities, Okehampton offers an ideal lifestyle with the wild beauty of Dartmoor right on its doorstep.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
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FAQ
About Flat 2, 10, Northfield Road, Devon
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