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See how verdicts work2-bedroom bungalow · EX14 2GY
Listing removedListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom detached bungalow in a popular cul-de-sac location a short walk from Honiton town centre and the mainline Railway Station. No chain.
A delightful modern two bedroom detached bungalow in a popular cul-de-sac location.
The accommodation includes a porch, sitting room, kitchen with some integrated appliances, bathroom and two double bedrooms. The principal bedroom benefits from a built in wardrobe.
The property also includes double glazed windows and external doors and gas central heating with radiators throughout.
The property enjoys a favourable position at the top of the town, well positioned for access to the facilities in the historic High Street which is well served with shops, schools, restaurants and public houses, sports centre, hospital, medical centre as well as a main line rail station with a direct link to Waterloo.
Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/ London trunk route.
An international airport is available at Exeter. To the front is a large shared drive with ample parking that leads to the single garage (with light and power).
To the rear is a beautifully presented private rear garden. There is a large patio area with lawn and mature borders off, a gate to the driveway and side door into the garage.
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 24, Monmouth Way, Devon
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