3-bedroom property · EX20 1GZ
For saleReduced £10k (−4.3%) on 23 JulListed 1120 days
Opportunity summary
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About
Situated on the eastern edge of Okehampton with good commuting links via bus and car is this modern three bedroom end of terraced house with a car port and parking, available for sale with no onward chain.
Location Okehampton is an active and thriving town with a good range of facilities including 3 major supermarkets, a number of chain stores as well as many locally owned shops, major banks and some building societies.
There is a modern hospital, a multi doctor surgery and a sports complex with swimming pool. Most other sports are well catered for - golf, squash, tennis, rugby, shooting to name but a few.
The highly successful community college has Technology College status with outstanding facilities which takes children to 6th Form. The adjacent park is an outstanding feature of the town.
The A30 is easily accessed providing a fast journey to Exeter (23 miles) and to Cornwall.
The north and south Devon coasts are both approximately 30 miles Directions From the centre of Okehampton head in an easterly direction towards Exeter and at the top of the hill turn right in to Monkey Puzzle Drive.
The property will be found in a terrace of three that are parallel to the road. Living Room Fitted carpet, radiator.
Kitchen/Dining Room The kitchen has a range of floor and wall units with a built in slot under electric oven, inset gas hob with an extractor hood over, inset ceramic sink, plumbing and space for a dishwasher, peninsula divider unit with space under for a washing machine and tumble dryer.
There is vinyl flooring to the kitchen area and carpet in the dining room which also has a radiator, under stairs cupboard and double glazed patio doors to the garden.
Cloakroom Low level w.c., pedestal wash basin, radiator. Bedroom Fitted carpet, radiator.
En-Suite A white suite comprising of a fully tiled corner shower, low level w.c., pedestal wash basin, part tiled surrounds, fitted carpet, extractor fan. Bedroom Fitted carpet, radiator.
Bedroom Fitted carpet, radiator. Bathroom A white suite comprising of a panelled bath, low level w.c., pedestal wash basin, half tiled surrounds, radiator, fitted carpet, extractor fan.
Outside To the front of the property is a stone chipping area with a paved path leading to the front door.
The rear garden which can be accessed by a side gate is laid to patio for low maintenance with stone chipping borders.
To the rear of the garden is a carport underneath a neighbouring coach house which provides parking for 2-3 vehicles.
Material Information/Utilities Water - Mains Drains - Mains Electric - Mains Heating - Gas Broadband - Standard and Ultra Fast available (ofcom) Mobile - EE, Three and O2 Good (ofcom) Vodafone Variable Council Tax Band - B
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 1, Monkey Puzzle Drive, Okehampton
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