2-bedroom bungalow · EX8 3LE
Sold STCReduced £25k (−8.5%) on 30 SepListed 158 days
Opportunity summary
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About
Offered for sale with no onward chain, this 2 bedroom detached bungalow is now in need of modernisation and offers excellent potential for buyers looking to put their own stamp on a home.
Benefiting from electric central heating and double glazing throughout, the accommodation briefly comprises a living room with open fireplace, kitchen, two bedrooms, a modern fitted shower room, and a separate cloakroom.
Externally, the property enjoys good sized gardens, together with a garage and a level driveway providing off road parking for up to three vehicles.
The property also offers potential for a loft conversion, subject to any necessary consents. An early viewing is highly recommended to fully appreciate the potential on offer.
Accommodation Step up to uPVC double glazed front entrance door leading to: Porch Steps, with handrails to either side, leading to obscure uPVC double glazed door that leads to: Entrance Hall Radiator.
Access to loft space, via trap door with ladder. Doors leading to all rooms. Living Room - 14'11" (4.55m) x 12'8" (3.86m) uPVC double glazed window to front.
Fireplace within a tiled fireplace surround. Radiator. Kitchen - 14'10" (4.52m) x 9'7" (2.92m) Obscure uPVC double glazed external door leading to rear garden with uPVC double glazed window to rear.
Cupboard and drawer storage units with roll edged work surfaces and tiled splash backs. Stainless steel one and a half bowl sink with single drainer unit and mixer tap.
Built - in 4 ring electric hob with filter above and eye level double electric oven to side. Space and plumbing for washing machine. Radiator.
2 electric fired boilers, 1 for the heating and 1 for the hot water. Bedroom 1 - 13'0" (3.96m) x 11'10" (3.61m) uPVC double glazed window to rear. Shelved storage cupboard. Radiator.
Bedroom 2 - 11'10" (3.61m) x 8'0" (2.44m) Plus Recess uPVC double glazed window to front. Radiator. Shower Room Obscure uPVC double glazed window to side.
White suite of triple shower tray with splash screen doors and thermostatically controlled shower unit, splashback's to ceiling height. Pedestal wash hand basin. Radiator. Shelved storage cupboard.
Cloakroom Obscure uPVC double glazed window to side. White suite of low level WC and corner wash hand basin.
Externally There is a good sized & level Front Garden with low brick wall boundaries and a driveway to the side that provides off a parking for several motor vehicles.
The driveway then leads to: Garage - 18'5" (5.61m) x 8'6" (2.59m) Up and over door to front. Power and light connected.
Rear Garden Again, there is a good sized garden to the rear which is laid mainly to lawn with a decking area to rear and timber panelled fenced boundaries. Outside water tap.
Front pedestrian access to side of property via timber garden gate. Tenure The property is freehold Services All mains services are connected. The property is on a water meter.
Council Tax Band D Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Note These are draft particulars and are awaiting vendors verification Directions From our prominent Town Centre office, head down Rolle Street.
Turn left at the first roundabout, then right at the next onto Marine Way, passing Exmouth Train Station.
Continue onto Exeter Road, turn right into Hulham Road (Honiton/Ottery St Mary), pass Withycombe Rugby club, then take the third right into Pound Lane.
The property will be found on the left hand side, clearly identified by our For Sale sign.
What3words /// sleep.gazed.spots Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance 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
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FAQ
About 136, Pound Lane, Exmouth
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