2-bedroom house · EX36 4EU
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A completely renovated and remodelled two-bedroom detached bungalow, positioned in a popular cul-de-sac within walking distance of the town.
The property offers two double bedrooms, a large driveway with ample parking, a garage, and a level rear garden. Offered with no onward chain.
An attractive storm porch welcomes you into the home, with the option to enclose the area by adding doors if desired. A door leads into the impressive open-plan kitchen, dining and living space.
The recently installed kitchen is well-appointed with modern wall and base units, along with space and plumbing for white goods, and also houses the newly fitted mains gas combi boiler.
There is ample room for a dining table and chairs, and an opening leads through to the inviting living room, where double doors open onto the recently landscaped rear garden.
An inner hallway from the living area provides access to both generously sized double bedrooms, along with a centrally located, recently fitted shower room featuring a corner shower, WC and wash hand basin, all finished to a tasteful standard.
To the front of the property, a large tarmac driveway provides off-road parking for multiple vehicles and gives access to the garage, which is fitted with an up-and-over door.
There is side access leading to the rear garden, as well as a personnel door from the garden into the garage.
The rear garden has been thoughtfully landscaped, offering a patio seating area directly outside the rear doors and a level lawn designed for ease of maintenance.
From our office leave The Square via South Street and continue out of town. Turn right into Parklands which is the fourth turning on the right hand side, then left into Parklands Close.
Number 2 is on the left.
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

FAQ
About Parklands Close, South Molton, Devon, EX36
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