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See how verdicts work3-bedroom house · EX5 4NR
Listing removedListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Watch the Seddons' Video Tour* A double fronted Grade II Listed three double bedroom cottage in a quiet position in the centre of the village.
The property would benefit from some updating and offers a large rear garden with additional orchard above with wonderful open views.
Longdescription The property has been occupied by the current owner for over 45 years and provides spacious accommodation within easy walking distance of the village centre and amenities.
There is a storage cupboard in the hall with reception rooms accessible from the hallway and a rear door providing access to the garden.
The dining room is a good size with a large window to the front aspect and with the kitchen/breakfast room behind directly behind at the rear.
The kitchen is fitted with ample storage cupboards and work surfaces with a larder cupboard and space for a dining table.
There is a generous dual aspect living room with a fireplace fitted with a wood burning stove with wooden mantle piece and stone hearth.
Upstairs there are three spacious double bedrooms with a large bathroom with walk in shower/wet room.
Outside, to the rear of the property, there is a courtyard garden with paved patio area directly outside the back entrance with brick built storage shed and outside toilet.
Steps lead up to a long lawned garden which leads up to a good sized orchard at the top of the garden, offering wonderful open views over Bradninch and the surrounding countryside.
Services: Mains gas, electricity, water & drainage Tenure: Freehold Council Tax: D Local Authority: Mid Devon District Council Bradninch is a small Duchy of Cornwall town with a good range of local amenities including a new artisan cafe, The Central Dairy, a Spar supermarket and post office, doctor's surgery, Ofsted-rated 'outstanding' primary school, nursery, garage, local pubs, recreation facilities and churches.
The town lies approximately three miles from Cullompton which gives quick access to Junction 28 of the M5, leading south to Exeter and all points north, including Junction 27 with the nearby Tiverton Parkway station at Sampford Peverell with regular intercity services (London Paddington in 2 hours).
From Bradninch, there is quick access to Exeter via the B3181, via Hele and Broadclyst, approximately 15 minutes’ drive. Exeter c. 9 miles Taunton c. 23 miles Cullompton/Junction 28 M5 c.
4 miles Tiverton Parkway Station c. 9 miles Exeter International Airport c. 17 miles The internal photos have been taken with a wide angle lens to show more of the rooms.
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 12, Hen Street, Exeter
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