2-bedroom house · EX11 1GJ
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this 2-bedroom coach house which is located in a cul-de-sac position on the edge of the development within the much favoured town of Ottery St Mary.
The accommodation comprises an entrance hallway with stairs rising to the first floor with a large dual-aspect open-plan kitchen/dining/living room.
The kitchen has a range of wall and base units, worktop surfaces, a built-in oven and hob with an extractor above.
There is a dining area and living room which enjoys a pleasant open outlook over the nearby fields beyond.
From the dining area, access through to an inner hallway with a cloak cupboard, 2 bedrooms and a shower room. The property has gas central heating and double-glazed windows.
Viewing is strongly recommended. The outside To the front is a driveway offering parking and leads to the garage (6.07m x 3.24m) up and over door, light, power and under stair storage with a sink.
There is an area of lawn at the side of the driveway and a pedestrian gate to the enclosed side garden which is laid to lawn, raised stocked beds and a paved patio.
Directions From the town centre, proceed along Mill Street at the 'give way' bear left and continue past the Otter Mill on the right, bear right passing the hospital on the right and turn left opposite The Kings School.
Turn left into Pavey Run and follow the road around to the right. William Close is at the end on the right. No.8 is on the right-hand side.
Location Ottery St Mary, home of the world-famous 'Tar Barrels', is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops - butcher, chemist, supermarket etc.
There is an excellent range of schools, including The Kings School and a medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London 'Waterloo' line only a short drive away. The City of Exeter and its International Airport are also close by.
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
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FAQ
About William Close, Ottery St Mary
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