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See how verdicts work1-bedroom house · EX14 1FD
For saleReduced £13k (−5.2%) on 25 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’re thinking about retiring to East Devon and want a home that’s easy to look after, safe, and full of charm, this lovely second-floor apartment in Honiton could be just the ticket!Just over a year old, this bright and airy home sits quietly at the back of the prestigious Otter Lodge retirement development.
You’ll have lift access, your own front door, and a welcoming entrance hall that leads straight into a cheerful living space.
The living room is spacious enough for both relaxing and dining, and the glazed door opens onto a private balcony — perfect for your morning coffee while enjoying views of the beautiful Blackdown Hills.The kitchen is smart and practical, with plenty of storage, and all the integrated appliances are included, so you can just move in and start enjoying yourself.
The double bedroom has a generous walk-in wardrobe with shelving and rails — plenty of room for your wardrobe treasures!
The bathroom is modern and easy to use, with a level-access shower, and there’s even a huge walk-in airing cupboard and separate store room with a tumble dryer, so storage is never a problem.Otter Lodge itself is a real community gem, with a residents’ lounge for a natter with neighbours, a guest suite for visiting friends and family, free parking, and beautifully landscaped gardens to enjoy.This apartment really is a little piece of heaven — ready to move into, full of thoughtful touches, and just waiting for someone to call it home.
Why not come and see it for yourself? We’d love to show you around!
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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About Otter Lodge, Honiton
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