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See how verdicts work2-bedroom house · EX11 1GZ
Sold STCReduced £15k (−5.5%) on 22 SepListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom home enjoying a pleasant cul-de-sac setting on the edge of town, within easy reach of local amenities and well-regarded schooling.
Accommodation The accommodation begins with a welcoming entrance hall, complete with a useful cloakroom/WC.
The contemporary kitchen has been tastefully refitted and features a range of matching wall and base units, integrated appliances including a fridge/freezer, electric oven and induction hob, together with ample workspace for day-to-day living.
To the rear of the property, the spacious lounge/dining room provides an excellent entertaining space, with patio doors opening directly onto the garden and a useful built-in storage cupboard.
Upstairs Upstairs, there are two generous double bedrooms served by a stylish modern shower room, recently upgraded to include a large walk-in shower and quality fittings.
Further benefits include gas-fired central heating and uPVC double glazing throughout.
Outside Outside, the front of the property offers driveway parking, while an additional allocated parking space can be found to the rear, providing parking for up to three vehicles in total.
The enclosed rear garden has been designed for ease of maintenance and enjoys a sunny southerly aspect.
A paved seating area creates an ideal spot for outdoor dining and relaxation, while a useful timber shed and substantial store/workshop provide excellent storage and practical space.
Gated side access leads conveniently to the front of the property.
Material Information Tenure: Freehold Mains Services Connected: Gas, electric, water and drainage Council Tax: East Devon District Council Tax Band B Parking: Off road parking to front of property.
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
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FAQ
About 1, Elliot Close, Devon
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