4-bedroom terraced house · EX17 3BL
Listing removedListed 399 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented three bedroom cottage has many character features combined with modern comforts including a modern kitchen, bathroom and gas central heating.
The cottage offers good size accommodation plus there is separate single storey annexe in the pretty cottage gardens. No onward chain.
Description The front door leads into the large reception room with windows to the front and rear, stairs to the first floor and a woodburner on a brick hearth with built in cupboards to the chimney breast recess.
The kitchen is well fitted with a comprehensive range of modern wall and base units with a central island and built in oven and gas hob, feature radiator and an inset woodburner with recess cupboards to each side, windows to the front and rear plus a side door to the rear garden.
The first floor landing gives access to the two double bedrooms with built in cupboards, a single room and an impressive modern bathroom with large walk in shower.
Outside, the walled cottage gardens are to the side with a shed, store and access to the annexe/studio which has its own shower, WC, kitchen and living area.
The lovely gardens to the rear are not on the deeds of the property but have been used by the cottage for many years and are lawned with a patio/seating area.
Location Crediton is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on.
There is a regular bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
The town is most famous for its ancient parish church and for being the birthplace of St Boniface in 680 ad. It has excellent schooling facilities at both senior and junior levels.
The town has a selection of shops with a Morrison’s, Lidl and Tesco superstore. Material Infomation What3Words: ///gestures.retaliate.races Mains electricity, water and drainage.
Gas fired central heating and hot water. Mid Devon District Council - Band B Freehold Flood Risk: Low Parking: Permits available opposite on Four Mills Lane. Grade 2 listed
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 22, Exeter Road, Devon
Explore nearby