3-bedroom semi-detached house · EX24 6QY
Listing removedListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by traditional online auction with bids invited by 24th March at 12:30pm. Please call to book into one of the scheduled block appointments.
A deceptively spacious two/three-bedroom semi-detached apartment now for modernisation being located in a favoured residential area, enjoying good sized gardens on a plot size extending to 0.09 hectares (0.22acres).
Semi-detached property with good-sized gardens for modernisation A deceptively spacious two/three-bedroom semi-detached apartment now for modernisation being located in a favoured residential area, enjoying good sized gardens on a plot size extending to 0.09 hectares (0.22acres).
The property, which is of a non-standard construction type, will appeal to developers, lettings investors and owner-occupiers alike looking to create an enviable home for onwards sale or rent.
Accommodation Ground floor: Living room, kitchen, utility room, cloakroom, store room, bedroom three and bathroom First floor: Two further bedrooms Outside Well stocked front and rear gardens, driveway, carport, detached workshop/garage Tenure Freehold with vacant possession.
EPC Rating: E. What3Word ///tradition.massive.resold Broadband & Mobile Coverage Broadband: Standard available Mobile: Good outdoor. May be variable indoor.
Source: Viewings Please call to book into one of the scheduled block appointments.
Important Information All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
Auction Legal Pack & Finance Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
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 6 Elm Villas, Fair View Lane, Colyford
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