2-bedroom bungalow · EX39 3HF
For saleReduced £10k (−5.1%) on 19 SepListed 537 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
16 Cedar Way is a 2 Bedroom semi-detached bungalow offering generous living space and great potential for modernisation.
The property is set back from the road and accessed via a pedestrian walkway linking Cedar Way and Willow Grove, creating a quiet, traffic-free frontage with a sense of privacy and green space.
You are welcomed into the property via an Entrance Porch, which leads into the main Hallway.
Immediately to the left is a well-appointed Kitchen with ample fitted units and work surfaces, providing a functional space to update and personalise to your taste.
Straight ahead lies the spacious Living Room, a bright and inviting area that enjoys a peaceful rear aspect and leads into a small glazed Rear Porch offering a handy transition space to the garden beyond.
The west-facing rear garden has been designed for easy maintenance, making it perfect for relaxed outdoor enjoyment.
A gate to the side provides convenient external access, while a rear door leads directly into a Single Garage, accessible via a private lane at the rear of the property - a rare and valuable feature for a bungalow in this location.
Both Bedrooms are comfortable doubles, with the larger of the two positioned to the rear and the second looking out over the front garden.
The Shower Room is currently carpeted and fitted with a walk-in shower cubicle, wash basin and WC.
Whilst the property would benefit from modernisation, it already has a number of practical upgrades in place, including modern electric storage heaters, UPVC double glazing and solar panels that are fully owned by the vendor.
These features, alongside the excellent layout and convenient location, make 16 Cedar Way a fantastic opportunity for downsizers, retirees or investors looking to add value.
With strong bones and a great position, this bungalow presents the perfect blank canvas to create a long-term home tailored to your lifestyle.
Early viewing is recommended to appreciate the full potential on offer.
Directions From Bideford Quay proceed up the High Street turning left at the top and take the first right hand turning onto Abbotsham Road.
Pass Bideford College on your left hand side and take the left hand turning onto Moreton Park Road.
Follow this road passing the right hand turning for Meadow Park and then take the next right hand turning into Cedar Way. Number 16 will be situated down the quiet walkway.
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
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FAQ
About 16, Cedar Way, Devon
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