3-bedroom semi-detached house · EX21 5TL
Listing removedReduced £75k (−31.9%) on 25 JunListed 521 days
Opportunity summary
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About
This three bedroom semi detached property just outside the village of Halwill Junction is offered for sale with no onward chain. General updating is required however there is tremendous potential.
A detached workshop formerly used commercially and also needs improvement could offer scope to those wanting to work from home.
Directions From the centre of Okehampton proceed in a westerly direction and after about 1 mile turn right on to the A3079 where sign posted to Halwill, Holsworthy & Bude.
Proceed for about 10 miles just before you enter the village of Halwill, the property will be found on your left.
Location Halwill Junction is a bustling community with amenities including a general shop, post office, florist, football pitch, fish and chip shop, hairdressers and a pub all within a level walk of the property.
Just a short level walk from Halwill Junction is a church and a primary school. The village hall is a popular venue for all ages and also houses an active pre-school.
The Baptist chapel is near the shops. There are good walks and cycling cycling routes with access to Dartmoor in one direction and the sandy beaches to the north.
Halwill Junction was once a famous railway junction before Dr.Beeching axed all the railways, but it has left a number of dismantled railway lines for walking and cycling.
Porch A Upvc double glazed door opening to the porch with tiled flooring and a glazed wooden door to the Living Room Fitted carpet, open fire, radiator. Dining Room Fitted carpet, radiator.
Kitchen Fitted with a range of floor and wall units including an inset stainless steel sink, space and plumbing for a washing machine and dishwasher, radiator, oil fired boiler, inset ceramic hob, airing cupboard housing a factory hot water cylinder, UPVC double glazed door to the garden.
Utility Tiled shower cubicle, fitted floor units with an inset stainless steel sink, tiled flooring, radiator.
Bathroom A white suite comprising of a panelled bath, pedestal wash basin, low-level WC, radiator, fully tiled surrounds, vinyl floor covering. Bedroom Fitted carpet, radiator.
Bedroom Fitted carpet, radiator. Bedroom Fitted carpet, radiator. Outside To the front of the property is an open plan lawn with concrete path and seating areas.
The front border is a raised stonewall flower and shrub bed. To the side of the property, there is parking and access to the Workshop. Formally used commercially.
This building requires updating including a new roof and an electric supply, however, provides a large space that could be used as a garage or workshop.
Material Information/Utilities Water - Mains connection Drains - Septic Tank Electric - Mains Heating - Oil Broadband - Standard & Superfast Available (ofcom) Mobile - Indoor- All providers limited (ofcom) Outdoor- All providers likely Council Tax Band - B Consumer Protection From Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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.
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About 2, Croft Gate, Beaworthy
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