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See how verdicts work1-bedroom flat · EX17 3RD
Listing removedListed 454 days
Opportunity summary
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About
The South facing property is a good size and includes the large living dining room with a vaulted ceiling and windows to two aspects overlooking the communal gardens and views over Crediton.
It also boasts a modern kitchen and bathroom, double bedroom and parking This wonderful home has been freshly decorated with new carpets and is ready to move into.
No chain Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons and Tesco superstore are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course as well as a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description A private external staircase leads to the front door which enters into the inner hall with a cupboard to the side.
A door leads to the light and spacious reception room which boasts plenty of living space and boasts a vaulted ceiling with exposed beams and large windows to two very pleasant aspects.
A door leads from here to the modern fitted kitchen with a range of base and wall units with worktops over, built in electric oven and gas hob with extractor over, sink unit, plumbing for a washing machine, tiled splashbacks, gas fired combination boiler and a window overlooking the front.
There is also a door to the bathroom from the reception room with a modern white suite and a shower over the bath.
The main bedroom also overlooks the front with ceiling beams and views across Western Crediton and the surrounding countryside.
Outside there are very well-tended communal gardens and a good size car park with allocated parking.
Directions And Material Information What3Words: ///profited.reeling.still Material information Mains electricity, water and drainage. Gas fired combination boiler for central heating and hot water.
Mid Devon District Council - Band A Leasehold, Approx. 966 years.
Service charge currently £158pcm to include insurance, water and sewerage charges, external maintenance including doors and windows, grounds and car park. No ground rent.
Grade II Listed Broadband & Mobile Signal Availability - We advise you to check via the Ofcom website: Broadband and mobile coverage checker - Ofcom Flood Risk: Very Low.
Parking: Private car park.
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
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FAQ
About Flat 2, The Lodge,, Western Road, Devon
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