3-bedroom house · EX14 4XR
Listing removedListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’ve been searching for a sensibly priced detached bungalow in Devon, this one in Dunkeswell’s popular Highfields development really deserves your attention.
The property has been well cared for over the years and it already has uPVC double glazing and modern high heat-retention electric heaters, so the essentials are in place.
You may well decide to add your own decorative touches or update a few things over time, but the bones of the bungalow are excellent – and opportunities to buy a three-bedroom detached home at this price point don’t come along very often.Step through the front door into the traditional entrance hall and you’ll find a comfortable living room with space for a dining table and chairs, making it a lovely sociable area for everyday living.
To the front of the bungalow is a generous kitchen–breakfast room, offering plenty of working and storage space and room for informal dining.The layout is pleasingly flexible with three double bedrooms, one of which is currently arranged as a separate dining room if you enjoy entertaining.
The main bedroom has its own en-suite shower room and a useful walk-in wardrobe, while a second shower room serves the rest of the home.Outside, 18 Tower Way sits on a good-sized, level plot with lawned gardens to both the front and rear.
There’s also a single garage and driveway parking for a couple of cars, which is always handy.If you’re looking for a well-proportioned bungalow with the chance to make it your own, this could be a really exciting opportunity.
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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
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FAQ
About Tower Way, Honiton
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