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See how verdicts work2-bedroom semi-detached house · EX17 6QQ
Listing removedReduced £23k (−10.1%) on 21 JunListed 246 days
Opportunity summary
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About
A well-presented village home in an elevated position in Lapford with far reaching views over the surrounding countryside.
The accommodation includes two bedrooms and bathroom to the first floor and living room, kitchen/diner and WC to the ground floor. There is private parking and gardens to the front and rear.
Location Lapford, a large parish and village, lies just north of the main A377 Exeter / Barnstaple road approximately 9 miles from Crediton and 16 miles from Exeter.
The village has good amenities including shops, post office, inns, primary school and there is also a preschool with excellent ofsted report.
On the edge of the village is a railway station and there is a regular daily bus service from the heart of the village.
The parish church, St Thomas of Canterbury, is of perpendicular style and has a fine 16th century rood screen.
Decription The accommodation includes the entrance hall with stairs to the first floor and door to the living room which is a good size and enjoys a panoramic view to the front and built in cupboards to the chimney breast recess.
The good size kitchen/diner has a built in oven and hob with a good range of units and room for a dining room table and chairs. A door leads to the rear lobby with a further door to the downstairs WC.
The first floor consists of the main bedroom to the front enjoying amazing views across the village and surrounding countryside with a built in cupboard, bedroom two with rear views and the bathroom with a white bathroom suite with a shower over the bath.
Outside, there are private parking spaces to the front and open front garden leading to the front door and side.
The rear gardens are enclosed and laid to lawn with a shed and also enjoy countryside views. Material Information What3Words: ///array.otherwise.bucks Material Information.
Mains electricity, water and drainage. Oil fired heating. Mid Devon District Council - Band B Freehold. Broadband: Standard and Superfast available.
Mobile: E, Three and O2 available Parking: Off road private parking to the front.
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 9, Westgate, Crediton
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