3-bedroom bungalow · EX17 6PF
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an enviable position within a peaceful cul-de-sac in the highly sought-after village of Morchard Bishop, this exceptional detached bungalow enjoys a delightful setting with the rear garden backing directly onto an open field.
Beautifully enhanced by the current owner, the property has been thoughtfully designed to offer stylish, versatile accommodation extending to over 1,100 sq. ft.
The impressive 'L'-shaped living space, a wonderfully light and inviting room with generous proportions, perfectly suited to both everyday living and entertaining.
Double doors open to the rear garden allowing natural light to flood the room while a wood-burner creates a charming focal point.
The dual aspect kitchen/dining room is equally impressive, offering an attractive range of fitted units and ample space for dining.
A practical utility room provides additional storage and ample space for white goods, use as a boot room and has the benefit of a shower and sink.
The property offers 3 well-appointed bedrooms, each presented to an excellent standard, alongside a beautifully finished family bathroom, completing the thoughtfully arranged accommodation.
Outside, the property continues to impress.
The front garden is attractively landscaped with areas of lawn and mature planting, while the enclosed rear garden has been thoughtfully designed to provide a selection of seating areas, colourful shrub borders and lawn.
Beyond the garden lies an open field, creating a wonderful sense of space. To the front, a driveway provides off-road parking for up to three vehicles and leads to a covered car port.
Adjoining the car port is a useful store room, offering excellent additional storage. Note: The solar panels are held on a Lease Agreement with a third party.
Make sure your solicitor or lender is aware of this arrangement.
DIRECTIONS: Using the What3Words App, search vacancies.veered.steams COUNCIL TAX: Band D LOCAL AUTHORITY: Mid Devon Council SERVICES: Mains electricity and water DRAINAGE: Mains drainage HEATING: Oil fired central heating BROADBAND: Fibre broadband available.
Currently Sky Full Fibre 100 MOBILE SIGNAL: Variable coverage depending on provider LISTED: No TENURE: Freehold CONSERVATION AREA: No FLOOD RISK: Very Low PLEASE NOTE: Our business is supervised by HMRC for anti-money laundering purposes.
If your offer to purchase a property is accepted, you will be required to meet the necessary checks under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
This includes ID verification, anti-money laundering compliance, and source of funds checks. A fee of £25 (inc. VAT) will be charged for each verification carried out.
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 Old Rectory Gardens, Morchard Bishop, Crediton, Devon, EX17
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