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See how verdicts work2-bedroom bungalow · EX14 3TU
For saleReduced £20k (−5.1%) on 25 OctListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Paddocks is a truly special retirement community, beautifully tucked away amongst mature woodland on the sunny southern slopes above the charming East Devon market town of Honiton.With just 32 bungalows set within attractive, well-maintained grounds and accessed via a private drive, this peaceful development offers the perfect balance of independence, security and community living.
Number 18 is a particularly appealing semi-detached bungalow, enjoying a picturesque semi-rural setting and clearly cared for to an exceptional standard.
Inside, the immaculate accommodation is decorated in soft, neutral tones, creating a calm and welcoming atmosphere throughout.The thoughtfully designed layout begins with a bright entrance hall offering plenty of useful storage.
This leads through to a comfortable dual-aspect living room, complete with a feature fireplace — an ideal space to relax or entertain family and friends.
To the rear, the stylish fitted kitchen-dining room enjoys lovely leafy views through the surrounding trees and comes complete with a range of integrated appliances.The bungalow features two generous double bedrooms.
The principal bedroom benefits from its own smart en-suite shower room, while both bedrooms include built-in wardrobes for easy and practical storage.
The main bathroom is fitted with a contemporary white suite and includes a level-access walk-in shower for added convenience.Practicality is just as impressive as comfort.
18 The Paddocks boasts strong eco credentials, including a C-rated EPC (73), excellent insulation, double glazing and energy-efficient air source heat pump central heating — helping to keep running costs low while maintaining year-round comfort.Even better, you can forget about garden maintenance.
The communal grounds are professionally looked after as part of the management package, leaving you free to simply relax and enjoy your surroundings.
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
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FAQ
About The Paddocks, Honiton
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