2-bedroom house · EX17 3EW
Listing removedReduced £10k (−5.4%) on 6 AugListed 82 days
Opportunity summary
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About
This lovely home has been renovated and improved to a high standard by the present owner.
The accommodation includes the living room with a wood burning stove, newly fitted modern kitchen/diner and bathroom. The main double bedroom is a good size plus there is another 13' second bedroom.
Outside benefits from a store and seating area.
Description The front door leads into the sitting room, featuring a lovely brick fireplace with a slate hearth and an inset wood-burning stove, along with a window to the front.
The modern fitted kitchen is a wonderful space with a built-in cooker and hob with extractor fan, as well as room for a table and chairs.
A door also leads to the rear porch, which provides access to the rear path and garden area.
Stairs lead from the kitchen/dining room to the first-floor landing, which gives access to the good-sized main bedroom with a window to the front, and the second bedroom overlooking the rear, which benefits from a built-in cupboard.
The modern bathroom, fitted with a shower over the bath, completes the first floor.
Outside, there is a shared path to the rear with a useful store shed and steps leading up to the gravelled garden/seating area with a washing line.
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 daily bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
It has excellent schooling facilities at both senior and junior levels. The town has a selection of shops with a Morrison’s, Lidl and a Tesco superstore.
Material Information What3Words: ///reckon.nurse.preparing Freehold Mains electricity, water and drainage Modern electric heating and hot water Mid Devon District Council - Band B Parking: On road parking on the street Agents Note: The property is currently unregistered with Land Registry but is in the process of being so
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 35, Dean Street, Devon
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