2-bedroom bungalow · EX15 3SB
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with NO ONWARD CHAIN is this two-bedroom semi-detached bungalow sitting on a generous level plot with a single garage in a block all set within an established popular estate within a similar mix of bungalows.
The well-balanced accommodation, which has two access points briefly comprises a uPVC door leading into a useful porch which is connected to power and is currently used as a utility space with plumbing for a washing machine.
The adjoining kitchen offers a matching range of wall and base units with contrasting worktops and tiled splashbacks along with a double eye level oven, an inset electric hob, space for a fridge and slimline dishwasher.
The sitting room is situated at the front of the property and offers French doors which have been carefully positioned to enjoy views over the front aspect, this room also benefits from a capped fireplace and surround creating a focal point to the room, furthermore there is a storage cupboard off the lounge which is perfect for shoes and coats.
The sleeping accommodation lies to the rear of the property and offers two double bedrooms each with pleasant views over the rear garden, both bedrooms are serviced by a practical shower room complete with single walk-in shower cubicle, a white low-level w.c and wash hand basin all of which are complemented by a heated towel rail.
Externally the property offers a pleasant approach and enjoys gardens surrounding the bungalow on three side which are predominately laid to lawn with a mixture of mature shrubs and planting, the gardens are complemented by a useful shed and greenhouse.
There is also a single garage in a block close-by. SITUATION Castle Park is a popular development within a short stroll from the centre of the village.
Hemyock itself provides a wide range of amenities to include shops, post office, public house, church, and junior school, and sits within the sought after Uffculme School catchment area.
There are host of leisure facilities in and around the village and a wide variety of social clubs and associations.
The market town of Wellington lies approximately 5 miles distant with a wider range of independently run shops and larger national stores to include the well renowned Waitrose, with the M5 accessible at Junction 26 within 4 miles of Hemyock.
The mainline railway can easily be joined at Taunton or Tiverton Parkway station.
DIRECTIONS From Junction 26 of the M5 Motorway exit at Wellington and at the roundabout with the A38 take the first exit signposted Exeter.
After approximately 1 mile turn left (immediately after the turning signposted Ford Street) into Monument Road.
Continue to the top of the hill and at the staggered crossroads continue straight over signposted Hemyock.
Continue down into Hemyock passing the Spar shop on your right following which take the second right into Castle Park where the property can be found on the right hand side as indicated by our For Sale Board.
AGENTS NOTE There may be asbestos within the roof of the single garage which is located in a block close by.
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.
Area
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FAQ
About Castle Park, Hemyock
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