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See how verdicts work3-bedroom terraced house · EX15 1LH
For saleReduced £5k (−2.1%) on 24 OctListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This nicely presented mid terraced family home is ideally situated for Cullompton’s town amenities and easy access to the M5 for commuting.
The property nestles on the edge of the town and enjoys a pleasant outlook over green space, with nearby walks through the Cullompton Community Association Fields.
Situation And Amenities Situated within a few minutes’ walk of High Street shops, supermarkets, primary and secondary schooling, doctor’s surgeries and library.
M5 Junction 28 is on the edge of town and facilitates rapid commuting south to the cathedral city of Exeter and north to the county town of Taunton.
The surrounding countryside offers a wealth of rural pursuits with the nearby Blackdown Hills being designated as an area of outstanding natural beauty.
The public open space provided by the Cullompton Community Association is at the end of Lower Mill Lane and provides lovely dog walking beside the Mill Leat.
The comparatively central Mid Devon location places the stunning National Parks of Dartmoor and Exmoor together with the north and south Devon coastlines all within a modest car journey.
Bullet Points Well presented mid terraced home Convenient edge of town location Stylish Kitchen/Dining Room Cozy Sitting Room Hall with storage cupboards Two double Bedrooms One single Bedroom/Office Modern Bathroom Gas central heating and double glazing Driveway parking Low maintenance rear garden Shed with power Lovely green outlook to rear 15 miles Exeter, 18 miles Taunton Tiverton Parkway Railway Station 6 miles EPC rating “C” Council Tax Band “B” Freehold On The Ground Floor Part glazed PVC front door to Porch plenty of space for shoe and coat storage, tiled floor, door to Hall with stairs rising to first floor, radiator, understairs storage cupboard, a further storage cupboard, tiled flooring.
Sitting Room a cozy family room with outlook to the front, radiator, timber effect flooring.
Kitchen/Dining Room a lovely spacious open plan room, shaker style kitchen comprising both wall and base mounted cupboards, timber effect laminate worktop with inset four ring gas hob with extractor over and oven beneath, inset stainless steel single drainer sink, space and plumbing for washing machine, tiled flooring, plenty of space for family sized dining table, space for tall fridge/freezer, radiator, door to rear garden.
On The First Floor Landing with access to loft, generous airing cupboard housing gas fired boiler. Bedroom 1 a spacious double room with outlook to the rear, timber effect flooring, radiator.
Bedroom 2 another excellent double room enjoying outlook to the front, timber effect flooring, radiator.
Bedroom 3 a single bedroom ideal for use as an Office, stair bulk head, outlook to the front, timber effect flooring, radiator. Bathroom W.C.
With concealed cistern, basin with vanity storage beneath, panelled bath with mains mixer shower over, hand spray attachment, aqua panel walls, two obscure glass windows, towel rail/radiator.
Outside To the front of the property is a driveway providing parking for one car, with the rest of the front garden being laid to gravel and shrub borders, with a pathway leading to the front door.
Rear pedestrian access provides access to the rear garden, which has been predominantly hard landscaped for ease of maintenance, predominantly laid to gravel with a concrete pathway leading to the back door and a Block Built Garden Shed/Store with power, currently housing a tumble dryer.
The garden is fully fenced, creating a safe environment for both children and pets and enjoys an outlook over green space.
Services The Vendors have advised of the following, and it is advised to check all this information prior to viewing:- Mains electricity, water, gas and drainage Current utility providers: Electricity - edf Energy Gas - edf Energy Water and drainage - S.W.
Water Mobile coverage: EE, O2, Vodafone and Three networks currently showing as available at the property Current internet speed showing at: Basic - 17 Mbps; Superfast - 56 Mbps; Telephone: Landline connected in the property Broadband: BT Satellite/Fibre TV availability: BT and Sky
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.
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FAQ
About 93, Rivermead, Cullompton
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