2-bedroom terraced house · EX20 3FE
Listing removedListed 360 days
Opportunity summary
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About
Discover modern living in this stylish mid-terrace home, perfect for first-time buyers, investors, or those looking to downsize.
Number 8 Mowhay Gardens is a well-presented property, ideally located just moments from the community-focused town centre of Hatherleigh.
Built in 2021 by the independent developer Kingswood Homes, this home offers a spacious layout, exceptional energy efficiency, and a contemporary design throughout, making it an ideal choice for those seeking both comfort and modern living.
The property’s attractive frontage features neutral render and sleek double-glazed windows, giving it a clean and welcoming appearance.
Upon entering, the hallway leads seamlessly into the open-plan ground floor layout, thoughtfully designed to combine comfort and style.
The bright kitchen/dining area is perfect for both entertaining and everyday meals.
The contemporary kitchen comes fully equipped with integrated appliances, including a fridge/freezer, oven, and gas hob, all finished with tasteful décor that makes this space the heart of the home.
The open-plan design continues into the living area at the rear of the property, a perfect space for relaxing.
Dual aspect windows fill the room with natural light, while patio doors provide easy access to the garden-ideal for enjoying the outdoors.
Additionally, the ground floor includes a cloakroom, adding extra practicality, and a centrally located staircase leads to the first floor.
On the first floor, you’ll find two well-proportioned double bedrooms, both offering ample space for freestanding furnishings and plenty of natural light.
The family bathroom continues the home’s modern aesthetic with stylish tiling and a clean design, providing the perfect space for relaxation.
Externally, the enclosed rear garden offers a peaceful retreat with a low-maintenance patio and elevated lawn.
With a south-easterly orientation, the garden enjoys plenty of sunlight, perfect for al-fresco dining or unwinding outdoors. Side gated access provides easy entry to the front of the property.
The home also benefits from two designated parking spaces, conveniently located just a short walk from the front entrance.
This modern, well-equipped home offers the perfect balance of comfort, practicality, and style in a desirable location, making it an ideal choice for a variety of buyers.
Situated within The Market Quarter, a select development constructed by the independent developer Kingswood Homes.
The town itself offers a traditional range of amenities including supermarket, Post Office, garage/supermarket, public houses, alongside independent cafes, arts and crafts shops, farm supplies and building supplies.
The town also benefits from a primary school, health centre, veterinary surgery together with a community centre and weekly market.
The town has a strong community spirit with an annual arts festival and renowned carnival.
A more comprehensive range of facilities can be found in the nearby town of Okehampton with its good range of shops and services and three supermarkets including a Waitrose.
Okehampton has schooling from infant to sixth form level and is situated adjacent to the A30 dual carriageway, providing a direct link to the cathedral and University City of Exeter with its M5 motorway, mainline rail and international air connections.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 8, Mowhay Gardens, Okehampton
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