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See how verdicts work2-bedroom bungalow · EX20 4DN
Sold STCReduced £10k (−3.1%) on 25 OctListed 426 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with NO FORWARD CHAIN is this individual detached mature bungalow. The accommodation comprises an open plan kitchen/dining/sitting room and 2 double bedrooms (1 en suite).
Outside there is a mature garden, detached single garage and plenty of driveway parking. Off the driveway you step into a large double glazed porch with a solid roof.
A further door with feature coloured glass opens into the kitchen with a range of modern eye and base level units. Beyond here is an open plan dual aspect sitting/dining.
The sitting area is centered around the fireplace which houses a multi fuel wood burner. There are 2 double bedroom and a family bathroom.
The master bedroom is side aspect and has an adjoining en-suite shower room and built in wardrobe area. Bedroom 2 is another double bedroom with a built in wardrobe to one side.
The family bathroom has a matching 3 piece suite plus an airing cupboard to one side.
The property is approached off a parish road onto a tarmac drive that terminates in front of a detached single garage. The driveway offers parking in tandem for 2/3 vehicles.
To one side of the property is a mature garden which is level and comprises of several mature trees and shrubs interspersed with areas of lawn.
To the side of the porch is a sheltered patio seating area. The property has scope to be further improved creating a wonderful home in a very accessible location.
Entrance Porch - 2.45m x 1.99m (8'0" x 6'6" ) - Kitchen - 3.67m x 3.66m (12'0" x 12'0" ) - Living Room / Dining Room - 5.51m max x 5.43m (18'0" max x 17'9" ) - Bathroom - 2.42m x 2.10m (7'11" x 6'10" ) - Bedroom 1 - 3.69m max x 3.27m max (12'1" max x 10'8" max) - Dressing Area - 2.13m x 0.57m (6'11" x 1'10" ) - En-Suite - 2.16m max x 2.10m (7'1" max x 6'10" ) - Bedroom 2 - 3.84m x 3.43m max (12'7" x 11'3" max) - Garage - 5.82m x 3.00m (19'1" x 9'10") - Services - Mains Electricity, Water and Drainage Council Tax Band C Oil Fired Rayburn & Electric Radiators
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
FAQ
About Lewdown, Nr Okehampton.
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