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See how verdicts work3-bedroom bungalow · EX16 8DD
Under offerListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
18 LAKELANDS CLOSE is a deceptively spacious three bedroom detached bungalow built of rendered brick elevations under a tiled roof which occupies a large corner plot in this quiet and popular cul-de-sac.
Offered to the market for the first time in 29 years the property has undergone a series of improvements and additions to provide versatile living accommodation comprising a spacious sitting room, 23ft kitchen breakfast room, three bedrooms, family bathroom, garden room, conservatory and shower room.
Further benefits include a large garage, off road parking for three vehicles, countryside views, and a fantastic sized garden with a large garden studio/summer house.
Situated in the Devon village of Witheridge which offers the perfect blend of countryside charm and practical amenities including a primary school, village shop, pub, village hall, doctors surgery and hairdressers.
The main town of Tiverton is roughly 10 miles up the road which benefits from a mainline railway station. This property simply must be viewed to be fully appreciated!
APPROACHED Via easy pull in from the cul de sac onto a large driveway providing off road parking for up to three vehicles.
A shallow ramped step leads to a part glazed UPVC front door opening into: ENTRANCE HALL: A small entrance hall with a UPVC double glazed window.
Door opens into: KITCHEN BREAKFAST ROOM ( 23’ 8 x 10’5 ) A good sized room that’s fitted with matching bespoke wooden wall and floor cupboards, drawers and trim with contrasting solid granite work tops over, inset sink and drainer unit with swan neck mixer tap, inset four ring induction hob with extractor hood over, under counter space and plumbing for dish washer, space for freestanding tall fridge freezer, built in mid height electric oven, wine rack, ceiling spot lights, ceramic tiled flooring, UPVC double glazed sliding door opens into garden room.
The breakfast area has ample space for a dining table and chairs, wooden flooring, wall lights, UPVC double glazed bay window to front aspect, wall mounted electric consumer unit, electric wall heater.
Door leads into inner hallway.
CONSERVATORY ( 11’4 x 9’2 ) A useful addition of UPVC and brick construction with ceramic tiled flooring, glazed door opening onto the rear garden, light and power, electric wall heater, cupboard housing washing machine.
INNER HALLWAY: Doors to further rooms, loft hatch, electric wall heater, wooden door into garage.
SITTING ROOM ( 19’7 x 11’8 ) A large reception room that’s fantastically light and airy with UPVC double doors that open onto the rear garden, impressive feature fireplace houses a working wood burner to create a cosy focal point, TV point, ceiling spot lights, electric wall heater, a further UPVC sliding door opens into the garden room.
GARDEN ROOM ( 15 x 11 ) An excellent addition of UPVC construction on a brick base with wooden flooring and double doors opening onto the garden.
This room has a range of possible uses including a separate dining room or second sitting room which enjoys a fabulous outlook over the rear garden and open countryside beyond.
BEDROOM ONE ( 13’3 x 9’8 ) A large double bedroom with ample built in wardrobe space, UPVC double glazed window to front aspect, electric wall heater, TV point.
BEDROOM TWO ( 9’8 x 9’9 ) A good sized double bedroom with ample built in wardrobes, UPVC double glazed window to front aspect, electric wall heater.
FAMILY BATHROOM: A modern white suite comprising panel enclosed ‘P’ bath with wall mounted shower fittings and glazed screen, low level wc, pedestal wash hand basin, fully tiled walls, wooden flooring, heated towel rail, obscure UPVC double glazed window, shaver point.
BEDROOM THREE ( 9’ x 6’5 ) A good sized single bedroom with UPVC double glazed window to rear aspect over looking the garden, electric wall heater.
SHOWER ROOM: Fitted with a modern white suite comprising a fully tiled double shower enclosure with wall mounted shower fittings, low level wc with concealed cistern, wash hand basin that’s integral to very useful built in bathroom storage, wood effect vinyl flooring, UPVC obscure window, extractor fan, heated towel rail.
GARAGE ( 17’9 x 12’ ) A very good sized garage with electric roller up and over door, light and power, UPVC double glazed door leads out to the garden, pitched roof that can be boarded to provide more storage.
OUTSIDE: The garden is an amazing feature of the property which extend to just under ¼ of an acre of well kept lawns fully enclosed by mature hedgerows and timber panel fencing.
The rear garden enjoys a sunny southerly aspect being sheltered and incredibly quiet taking in a beautiful open outlook over neighbouring farmland and countryside beyond.
A very useful timber summerhouse with a large decked sun terrace provides an excellent area for garden furniture and could also serve as a home office if needed.
A further patio and timber garden shed can be found near the garden room. A paved path leads down the side of the bungalow to a gate opening onto the driveway.
Outside tap SERVICES: Mains Drainage, electric, water, TV, wifi, solar panels. COUNCIL TAX: C TENURE: Freehold EPC rating: TBC
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 18, Lakelands Close, Witheridge, Devon
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