2-bedroom bungalow · EX2 5EJ
For saleReduced £10k (−3.6%) on 1 AugListed 157 days
Opportunity summary
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About
Summary guide price £280,000 - £290,000.
A spacious two bedroom retirement bungalow for the over 55s, tucked away within The Maltings in Heavitree, offering modern accommodation and a private enclosed garden.
Description guide price £280,000 - £290,000.
Situated in a peaceful tucked away position within The Maltings development in Heavitree, this spacious end of terrace retirement bungalow offers comfortable and low-maintenance living for the over 55s.
The property features a bright open plan living/dining area, creating a welcoming space for relaxing and entertaining.
A modern fitted kitchen provides ample storage and workspace, while the well-presented bathroom is finished to a good standard.
There are two generously sized double bedrooms, with one benefiting from doors opening directly onto the rear garden, allowing plenty of natural light and easy outdoor access.
Externally, the bungalow enjoys its own private enclosed rear garden designed for ease of maintenance, providing a peaceful outdoor area to enjoy throughout the year.
Residents also benefit from access to a communal car park.
This attractive bungalow offers an excellent opportunity for those seeking independent retirement living in a convenient and desirable location.
Agents Note The sale of this property is subject to receipt of Grant of Probate. Please obtain an update from the branch with regards to the potential timeframes involved.
We have been unable to verify material information that relates to this property.
We ask that buyers make their own enquiries and satisfy themselves in regards to any specific requirements before proceeding. Entrance Hall Inner hall storage.
Living Room Double glazed front aspect window, alarm call system, electric radiator.
Kitchen Dlouble glazed rear aspect window, wall and base units, work surfaces, sink unit, fridge freezer, dish washer, electric double oven, hob and extractor over.
Bedroom 1 Double glazed front aspect window, large sliding door wardrobe, wall mounted radiator. Bedroom 2 Double glazed rear aspect window, fitted wall mounted storage, wall mounted radiator.
Bathroom Double glazed rear aspect window, electric walk-in shower, low level toilet, wash hand basin, storage drawers, heated towel rail. Outside Front garden with lawn.
Rear garden with shed, patio, gate to side. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 56, The Maltings, Church Street, Exeter
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