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See how verdicts work2-bedroom house · EX15 1PB
Listing removedListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom home, situated in a tucked away position close to the centre of town with allocated off road parking in front of the house.
Updated to a high standard throughout, No onward chain.
This property has been beautifully presented throughout by the current owners with a high quality kitchen and bathroom fitted, with immaculate carpets and decor.
Two allocated parking spaces are directly in front of the property. The entrance leads into a hallway.
The kitchen is fitted with a good range of contemporary units with work surfaces and appliances spaces.
The sitting room is at the rear of the property with French doors opening out onto a level and well landscaped rear garden. Upstairs there are two double bedrooms and contemporary bathroom.
Outside there is a level low maintenance enclosed garden, surrounded by flower borders and access gate at the rear. Services: Mains electricity, water, drainage and gas.
Council Tax: Band B Local Authority: Mid Devon District Council Tenure: Freehold Stile Court is a quiet close just off Colebrooke Lane and very nearby to Aldi and Home Bargains.
Further into the town there are plenty of amenities including popular cafes, 'The Lime Tree' and 'The Bakehouse', and various restaurants.
The local shops include 'Veyseys', an award-winning butcher's, Tesco and take-aways.
Other amenities include two primary schools, Cullompton Community College for secondary education, a contemporary health centre, a library and community centre, a doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
From the house, there are popular walks around the town, through the surrounding country lanes and along the River Culm.
Cullompton is ideally placed for commuting, with quick access to Exeter via J28 of the M5 or the B3181 main road through Broadclyst and Pinhoe.
There are regular bus services through the town and rail links at Tiverton Parkway and Honiton stations, to London Paddington (in 2 hours) and London Waterloo, respectively.
The 'Megabus Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport. Exeter c.14 miles Taunton c.
23 miles Tiverton c. 7 miles Tiverton Parkway Station c. 6 miles Honiton c. 11 miles
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.
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FAQ
About 5 Stile Court, Colebrooke Lane, Cullompton
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