4-bedroom house · EX17 3AY
Sold STCReduced £14.9k (−3.4%) on 22 SepListed 124 days
Opportunity summary
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About
This fantastic family home has been upgraded to a high standard by the present owners and boasts three reception rooms, modern kitchen, shower room/utility, cloakroom, four double bedrooms with WC and family bathroom.
There is also a large home office/garden room plus plenty of parking and easily maintained, private garden.
Location Crediton is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on.
There is a regular bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
The town is most famous for its ancient parish church and for being the birthplace of St Boniface in 680 ad. It has excellent schooling facilities at both senior and junior levels.
The town has a selection of shops with a Morrison’s, Lidl and Tesco superstore.
Description The accommodation consists of the front door into the hallway with parquay flooring, giving access to all rooms.
The sitting room has windows to two aspects making it a light and airy room with a woodburner.
The dining room/second reception is also a good size with gas effect fire, windows to the front and a door to the rear.
The kitchen/breakfast room has been upgraded to a high standard and is fitted with a range of quality units including a built in microwave and Rangemaster oven and hob with patio doors to the side garden.
There is also a utility/shower room off of the hallway as well as a cloakroom, deep store cupboard/pantry and understairs cupboard.
The first floor landing gives access to all four of the double bedrooms with WC and family bathroom.
Outside there is a fantastic 14'10'' x 10'2'' home/office come garden room which is a real asset to the house with walled patio gardens and a large driveway/turning area with plenty of parking that could be further (truncated) Directions And Material Information What3Words: ///efficient.daydream.ages Mains electricity, water and drainage Gas central heating and hot water.
Multi fuel stove. Mid Devon District Council - Band D Freehold. Parking: Private driveway to the side with plenty of parking for a number of vehicles.
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
Agent & docs
FAQ
About 43, East Street, Devon
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