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See how verdicts work2-bedroom terraced house · EX17 1EZ
For saleReduced £10k (−6.3%) on 30 JulListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This terraced period two bedroom town cottage has been upgraded and improved over recent years and will especially appeal to first time buyers as the cottage is easy to run and is a level walk to nearby supermarkets.
Offered in great condition throughout, the cottage is worth calling us to book in a viewing!
*no chain* Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons and Tesco superstore are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course as well as a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description The accommodation is entered via the front door into the sitting room with a double glazed window to the front and a fitted woodburner on a brick hearth with a beam over making this an ultra-cosy room when lit.
From here is a walkthrough to the kitchen which has been refitted with base and wall units including a built in oven and hob. The kitchen leads to a rear entrance lobby with a door to the rear garden.
There is also a modern shower room with WC and sink unit.
The staircase leads to the first floor landing with access to the front and back bedrooms, the front bedroom being the main room with built in cupboards.
Outside there is an enclosed garden laid with stone chipping and a flower/vegetable bed with a useful garden shed/wood store to the rear.
Directions And Material Information What3Words: ///broccoli.rocket.aimed Material information Mains electricity, water and drainage. Woodburner. Immersion heater for hot water.
Mid Devon District Council - Band A Freehold Broadband: Ultrafast available. Mobile: O2, EE likely, Three and Vodaphone limited Flood Risk: 3.3% chance of a flooding from surface water.
Parking: On Street only.
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
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FAQ
About 27, Mill Street, Devon
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