1-bedroom bungalow · EX20 2DY
Listing removedReduced £15k (−10.7%) on 23 MarListed 266 days
Opportunity summary
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About
Reduced for A quick sale - Situated in a small cul de sac in this popular West Devon town lies a Vacant One Bedroom Bungalow which has been updated by the current owner - and is "Move In Ready".
The current owner has made the loft in to a useable space - ideal for both an occasional bedroom, hobbies room or just a fantastic storage space that is easily accessible.
Material Infomation What3Words - laser.ourbursts.newlyweds Tenure: Freehold Council Tax: Band A with West Devon Borough Mains Water, Electricity and Drainage.
Open Fire Back Boiler For Central Heating Parking: On Street Parking Situation North Tawton is a small market town ideally located in the heart of beautiful Devonshire, alongside the River Taw, which rises at the Taw Head.
With a decent amount of local shops, pubs, post office, nursery/ primary school rated “Good” by Ofsted, Medical Centre, Dental Practice, community hall, churches of various denominations, this quite town offers much of what you would need for day to day living.
Okehampton is located just 7 miles drive which offers many more shops and amenities including Secondary School and Railway station connecting up to Exeter and beyond.
Full Description This recently renovated bungalow is attractively positioned within a peaceful cul-de-sac and is sure to catch the eye.
Entering the property through a uPVC double-glazed front door, you are welcomed into a generous porch, ideal for coats and shoes.
A solid wooden door then leads through to a stylish lounge/diner featuring a character fireplace and a large uPVC double-glazed window, creating a bright and inviting living space.
To the right of the lounge is an opening to a well-proportioned bedroom, which benefits from useful under-stairs storage.
Stairs from this area lead up to a newly converted loft space, ideal for study use or additional storage.
Continuing from the lounge, a hallway provides access to the recently renovated kitchen and bathroom.
Both rooms, along with newly laid flooring throughout the property, enhance the home’s modern and move-in-ready feel.
The feature fireplace adds a cosy atmosphere, while the back boiler provides heating during the colder (truncated)
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 7, Gowmans Terrace, Devon
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