3-bedroom bungalow · EX17 6QB
For saleReduced £10k (−2.7%) on 21 JunListed 588 days
Opportunity summary
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About
This bungalow is ideally situated on the edge of the village of Lapford with a lively community and super countryside walks in the nearby Eggesford Forest, the village has plenty going on with many community activities and events and great transport link with bus and train.
With super views across open Devon countryside, the property has a lot to offer including, 3 double bedrooms, a large lounge/diner and a koi carp pond in the easy to maintain garden.
The Kitchen/diner runs from the front to the back of the property providing a great open space. The units are solid wood with integrated dishwasher and fridge.
There is a single oven with inset microwave over and a 4 ring ceramic hob.
The dining area has plenty of space for a table and a sofa if required and patio doors overlooking the garden and those lovely views.
To the side is access to the garage which has been partially converted with flooring and fitted units but still with the original garage door so that it could be utilised as a garage easily too.
To the rear of this area is a WC and utility room with space for washing machine and dryer and a fridge freezer, there’s a sink here and access out to the garden.
The lounge is light and spacious with an electric fire in an attractive marble surround. The master bedroom has an array of fitted wardrobes and drawers and is south facing so gets plenty of light.
There is a further 2 double bedrooms one with patio doors out to the garden. The shower room has a shower cubicle and is tiled from floor to ceiling.
In the hall there is a handy cloakroom and an airing cupboard. The central heating is oil fired and there is uPVC double glazing throughout.
Outside to the front is a private drive with parking for 3 cars and a front lawned area with shrub and flower boarders.
There is access both sides to the rear garden which is mostly laid to patio and chippings for easy maintenance, there is a shed with light and power, a greenhouse and store.
The super views can be enjoyed in full from the garden, there is a stocked koi carp pond and an array of fruit trees and bushes. Please see the floorplan for room sizes.
Current Council Tax: Band D - Mid Devon 2024/25 - £2,386.91 Utilities: Mains electric, water, telephone & broadband Broadband within this postcode: Superfast 80mbps Drainage: Mains drainage Heating: Oil fired central heating Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Lapford is a hillside village overlooking the river Yeo.
It has a past reaching back to the Iron Age and a grade I listed church that was rebuilt and extended in the 12 century by Sir William De Tracey as penance for his part in the murder of Thomas Becket.
Several options are available for socialising including the Malt Scoop pub, Lapford Mill café, and several outside spaces for children to play and where events are held.
Further out of the village on the A377 is the petrol station with convenience store. For a larger selection of independent shops, bigger supermarkets Crediton is 9 miles away.
Nearby is Lapford station, a request stop on the scenic Tarka Line running between Barnstaple and Exeter.
And for those seeking the fresh air, about a mile away is Eggesford Forest, home to the very first trees planted by the Forestry Commission which offers numerous plantations for walkers, riders, and cyclists.
Directions : From Crediton take the A377 in a westerly direction, continue through Copplestone and Morchard Road until you reach Lapford.
Turn right and head up into the village, after The Malt Scoop pub take a left turn onto Orchard Way to the end then bear around to the right where no. 50 Prospect Way can be found on your left.
What3Words: ///dabble.roost.error EPC Rating: E
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.
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About 50 Prospect Way, Crediton
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