3-bedroom bungalow · EX17 1DX
Listing removedListed 261 days
Opportunity summary
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About
A good size, well-presented three-bedroom bungalow located in a quiet residential area on the outskirts of Crediton with some lovely South facing views.
Offering comfortable single-level living, this attractive home enjoys well-maintained gardens to the front and rear, a driveway and single garage.
Location Crediton is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on.
There is a regular bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
The town is most famous for its ancient parish church and for being the birthplace of St Boniface in 680 ad. It has excellent schooling facilities at both senior and junior levels.
The town has a selection of shops with a Morrison’s, Lidl and Tesco superstores. Description The front door opens into the entrance hall with doors leading to the kitchen and living room.
The living room enjoys a picture window to the front and also provides access to the inner hall.
The well-proportioned kitchen features a range of wall and base units, a breakfast bar, and a door to the side lobby, which in turn gives access to a WC and a door opening onto the driveway.
A further door from the kitchen leads into the inner hall, which provides access to three bedrooms and the shower room.
The main bedroom benefits from walk-in wardrobes, while bedroom three features sliding doors opening into the conservatory and could therefore be utilised as additional living accommodation if desired.
Outside, there is a long driveway to the front leading to a garage with an up-and-over door and side pedestrian access.
The front garden is laid to lawn while the rear garden offers a generous patio area, well stocked beds, shed and greenhouse.
Material Information What3Words: ///hypnotist.update.crouching Mains electricity, water and drainage Gas central heating and hot water.
Mid Devon District Council - Band D Freehold Parking: Garage and driveway parking
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 27, Long Meadows, Devon
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