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See how verdicts work2-bedroom house · EX17 5HS
Listing removedReduced £15k (−6.8%) on 21 JunListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set over 700 sq. Ft.
This immaculately presented red brick coach house offers spacious accommodation to include a 13' kitchen/breakfast room, two double bedrooms, a family bathroom & 17' lounge/diner.
Externally there is a garage & parking. This property would make an ideal investment or first time buy opportunity.
Er-c Front Aspect From the roadside a block paved driveway leads up to the front aspect, storm porch and wall mounted gas and electricity meters.
Four garages set underneath the Coach House, one owned by the property and the other three leased to other properties under a 999 year lease.
Parking to the front of the property gives you a space for one car. Composite door gives access to the property itself.
Garage (5.6m x 2.4m (18' 4" x 7' 10")) Up and over garage door gives access to the garage, ceiling mounted light point, power points.
In the far left hand corner of the garage is a lockable cupboard which goes under the stairs.
Entrance Hall Carpeted flooring, ceiling mounted light point, double radiator, wall mounted rcd, carpeted stairwell rising to the accommodation.
First Floor Landing Ceiling mounted light point, loft hatch, ceiling mounted smoke alarm, carpeted flooring, wooden balustrades encompassing stairwell, uPVC double glazed window giving views to the rear aspect, two storage cupboards one with high, mid and low level storage and a second cupboard housing the combination boiler for the heating and hot water system and has high level shelving.
Thermostat control unit for the heating and hot water system, secondary light point, power points. Doors give access to bedrooms, bathroom, kitchen/breakfast room and the lounge.
Bedroom Two (3.4m x 3.1m (11' 2" x 10' 2")) Ceiling mounted light point, uPVC double glazed window to the front aspect, carpeted flooring, double radiator, power points, storage cupboard with bulk head of the stairwell, high level shelving and hanging rail giving a wardrobe space to this current room.
Power points.
Bedroom One (3.4m x 3.1m (11' 2" x 10' 2")) Ceiling mounted light point, uPVC double glazed window to the front aspect, double radiator, carpeted flooring, power points, telephone point, built in wardrobe with double doors, various hanging rail and shelving units, TV aerial point.
Bathroom (2m x 1.9m (6' 7" x 6' 3")) Ceiling mounted light point, ceiling mounted extractor fan, uPVC obscure double glazed window to the rear aspect, double radiator, vinyl flooring, wall mounted dual shaver charging point, partially tiled.
Three piece suite to include panelled bath with concertina shower screen, shower over and monobloc mixer tap over, low level WC, pedestal basin with monobloc mixer tap over and tiled splashbacks.
Kitchen/Breakfast Room (4.1m x 2.1m (13' 5" x 6' 11")) Ceiling mounted spotlights with ceiling mounted smoke alarm, uPVC double glazed window to the rear aspect.
Matching range of base, wall and drawer units with complementary worktops over, stainless steel sink and drainer with swan neck monobloc mixer tap over, recently installed four ring stainless steel gas hob with extractor over and recently installed integrated electric oven below, space for washing machine, space for fridge/freezer, power points, double radiator, space for breakfast table, vinyl flooring.
Lounge/Dining Room (5.4m x 3.2m (17' 9" x 10' 6")) Smooth ceiling with two ceiling mounted light points, ceiling has a coved finish with two uPVC double glazed windows to the front aspect, double radiator, carpeted flooring, power points, aerial points, telephone points.
Required Information Tenure - Freehold. Local Authority - Mid Devon District Council. Council Tax - Band B. Services - The property is connected to mains electricity, water, gas and drainage.
Agents Note There are three garages of the four that are leased to other separate properties on a 999 year lease.
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.
Area
Agent & docs
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FAQ
About 26, Mill Avenue, Crediton
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