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See how verdicts work1-bedroom bungalow · EX17 6PD
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This rare opportunity offers the chance to purchase a one bedroom home presented in good condition throughout.
The property has been lightly used as a holiday home by the present owners hence the condition. The property offers a living/kitchen area, bedroom with storage and bathroom. No Onward Chain!
Description The accommodation includes the front door into the open plan living/kitchen area with space for an electric cooker and sink unit inset into work top surfaces with cupboards under.
There is a large window to the front, wall mounted shelving, TV point and wood effect flooring. A door leads through to the bedroom with built in cupboards and a door to the modern shower room.
Location Morchard Bishop is a picturesque village lying in the heart of mid Devon being surrounded by miles of unspoilt countryside.
Village amenities include primary school, post office/shop and ancient church, whilst the local public house The London Inn is famed for its bar/restaurant.
A wider range of shopping, educational and recreational amenities can be found at the nearby former market town of Crediton approx 8 miles away.
At Morchard Road, approx 2 miles, one would find a railway station based on the Tarka line.
Directions What3Words: ///sniff.like.loom Material Information Mains electricity, water and drainage. Electric heating and hot water. Mid Devon District Council - Band A. Freehold.
Flood Risk: Very low. Parking: On road. 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
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
FAQ
About The Green, Morchard Bishop, Crediton, Devon
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