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See how verdicts work2-bedroom bungalow · EX16 8AX
Listing removedReduced £10k (−3.8%) on 25 JunListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented bungalow is situated on a well thought of road and has been upgraded and improved by the current owners to include a new handmade kitchen, bathroom, conservatory and underfloor heating.
The gardens are also a lovely feature with a private seating area, stocked beds with a shed and greenhouse, garage and parking.
Location Lying in a beautifully unspoilt area on the Mid/North Devon border surrounded by miles of open countryside and farmland, Witheridge boasts regular public transport links from Barnstable to Exeter whilst the village itself boasts a well-known public house, post office/store, the La Petite Bouchee restaurant in the Square, Medical Centre and Primary School.
A further range of shopping, recreational and academic facilities can be found at Tiverton (10 miles) and Crediton (11 miles) whilst the Cathedral City and County Town of Exeter is a further 7 miles on from Crediton.
Description The front door opens to the hallway giving access to all rooms including the living room with a window to the front, an inset wood burner and room for a table and chairs.
The recently fitted kitchen has oak worktops with grey base and wall units including a built in oven and hob as well as a fitted Belfast style sink.
The kitchen leads to the conservatory, currently used as a utility area with a further Belfast style sink with space and plumbing for a dishwasher and washing machine.
There are two double bedrooms to the right hand side of the hallway with the main bedroom overlooking the front garden with built in wardrobes.
The modernised bathroom also includes a shower over the bath.
Outside there is a driveway to the front of the garage which has an up and over door and has been split to include a storage area and a home office with a door to the rear garden which has a patio area and is stocked with flower and shrub beds, greenhouse and useful shed.
Material Information What3words: ///awake.depths.zebra Mains electricity, water and drainage lpg gas underfloor heating and hot water. North Devon Council - Band B. Freehold.
Driveway parking and garage.
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 7, Greenslade Road, Tiverton
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