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See how verdicts work2-bedroom bungalow · EX8 4NT
For saleReduced £25k (−9.1%) on 8 OctListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well located semi-detached bungalow in need of modernisation with a large south-facing rear garden.
• Spacious living room with patio doors out to the rear garden • Kitchen and enclosed rear porch • Two good size bedrooms • Bathroom/w.c.
• Gas central heating & extensive UPVC double glazing • Large private south-facing rear garden • Garage and driveway parking • No chain • EPC = E • Council Tax = C Worth viewing because… The bungalow is situated in a small quiet cul-de-sac with a garage, driveway and South facing rear garden.
The property is short walking distance of local shops, schools, bus routes as well as nearby Brixington Park & recreation ground.
In more detail… The front door is to the side of the bungalow providing access to an L shape reception hall. Doors then lead to two good size bedrooms, bathroom/w.c.
And a spacious living room with patio doors out to the rear garden. Off the living room is a kitchen with a small rear porch.
There are good size gardens to both the front and rear with a driveway leading to a garage. The large rear garden is a feature of this property enjoying a fine sunny aspect.
The coastal town of Exmouth… The property is approximately two miles from the town centre and seafront.
For keen walkers there is access to many miles of coastal path starting at 'The Needle' at Orcombe Point, which denotes the start of the World Heritage coastline.
The Exe Estuary has been designated an 'Area Of Outstanding Natural Beauty' and offers further exceptional walks and a cycle path leading to Lympstone and continues beyond through to Exeter.
The opportunities to enjoy a variety of watersports in addition to equestrian and golfing pursuits in the area are also plentiful.
Exmouth train station provides access to the nearby Cathedral city of Exeter and beyond.
Exmouth, being a highly commutable coastal town and also within 20 minutes of the M5 motorway junction, offers an ideal base for those seeking an enhanced coastal lifestyle and enjoyment of all the area has to offer.
Bear in mind… This is a good opportunity for someone looking to modernise and put their own stamp on a property. The bungalow needs general modernisation and is being sold with no chain.
Directional Note… What3words:///lion.funds.woof Room sizes Living room: 17’0” x 11’1” (5.17m x 3.38m) maximum measurements. Kitchen: 8’5” x 7’11” (2.57m x 2.41m).
Bedroom 1:11’5” x 10’8” (3.49m x 3.24m) Bedroom 2: 10’11” x 8’11” (3.34m x 2.72m) maximum measurements. Bathroom: 7’5” x 5’7” (2.27m x 1.70m) maximum measurements.
Garage: 16’2 x 8’1 (4.92m x 2.46m) Services: All mains services are connected.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
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FAQ
About 16 Elizabeth Road, Exmouth
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