2-bedroom bungalow · EX11 1TG
Listing removedListed 64 days
Opportunity summary
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About
A very well-presented bungalow enjoying a convenient position within easy, level walking distance of the town centre.
The well-proportioned accommodation has a lovely light and airy feel throughout and offers the particular advantage of level access from the driveway to the rear of the property, making this an excellent choice for those who may find steps more difficult.
Upon entering, the entrance hall leads to the fully fitted kitchen, which features an integrated double oven and electric hob, together with space for a fridge/freezer.
There is access to a useful utility area currently housing a washing machine and dishwasher, which could be switched for a tumble dryer if preferred, while a door provides direct access to the rear garden.
The sitting/dining room is a particularly light and welcoming room, with a large picture window allowing natural light to flood in.
There are two good-sized double bedrooms, both benefiting from built-in wardrobes, together with a well-appointed modern bathroom.
The property benefits from uPVC double glazing throughout and modern gas central heating.
Outside The front garden is laid mainly to lawn with established shrubs, with a pathway providing access to the property.
A key highlight of this property is the level access leading directly from the driveway to the rear, which features just a single, convenient step up into the back door.
The fully enclosed rear garden features a patio area, lawn and established shrubs, together with direct access to the driveway, which provides parking for at least two cars and a single garage, an ideal storage space, offering plenty of room to keep household items, bicycles, and seasonal belongings neatly organised and out of the way.
The addition of patio doors makes the space particularly practical, providing wide and easy access for larger or bulky items.
The garage also benefits from a power supply, making it suitable for running electrical appliances when required.
Overall, this is a well-presented and practical bungalow in a convenient location, offering excellent accommodation, good outside space, garage and parking, with the added benefit of level access throughout.
Directions From Ottery St Mary town centre proceed along Jesu Street on to Yonder Street for approximately half a mile.
Turn left into Kennaway Road and then second left into Raleigh Road and the property can be found on the right at the end of the road.
Location Ottery St Mary is one of the oldest and most historic towns in Devon.
It boasts a Collegiate church, modelled on Exeter Cathedral, and the poet Samuel Taylor Coleridge was born in Ottery St Mary in 1772. There are numerous walks via marked footpaths.
Nearby is a Sports Centre, and Golf, Tennis, Swimming, and Riding/Livery are also available locally.
There is an excellent range of schools within the Ottery St Mary catchment area and a first-class medical centre.
The town is also home to the world-famous 'Tar Barrels' celebration and festivities on November the 5th, a truly magnificent spectacle, not to be missed.
Ottery St Mary also has excellent links to the local road and travel networks with access to the A30, M5 and Exeter International Airport being only a short drive away.
The City of Exeter, with its multitude of further amenities, is also only approximately twelve miles away and can be quickly reached via the A30.
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
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FAQ
About 48 Raleigh Road, Ottery St Mary
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