3-bedroom house · EX17 3ED
Sold STCListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set just a short walk from the centre of Crediton, 2 Hillbudge Terrace is one of those cottages that offers more than you might expect at first glance.
With the town square, cafes and Newcombes Meadow all within a couple of minutes, it’s a really convenient spot for day to day living.
The house has been improved over time and now offers a flexible layout across three floors.
The current owners have made a clever change by using the ground floor as a kitchen and dining space, creating a sociable hub with a feature island that works really well for everyday living.
Upstairs, the first floor is arranged with a living room and a bedroom, although this can easily be adapted depending on how many bedrooms are needed, giving the option of two or three bedrooms overall.
There’s also a modern shower room on this level. On the top floor is a large bedroom which enjoys some lovely views across the town, adding to the sense of space within the house.
There’s also a useful ground floor utility and WC, adding to the practicality.
Outside, there’s a small front yard setting the property back from the street, while to the rear an undercroft store provides excellent storage for bikes and other items.
The property benefits from mains gas central heating and double glazing, making it efficient and comfortable to run, and overall it’s ready to move straight into.
There is no allocated parking with the property, however on street parking is available on nearby roads, and a permit can be obtained for the town car park if required.
Please see the floorplan for room sizes.
Current Council Tax: Band B - Mid Devon Utilities: Mains electric, gas, water, telephone & broadband Broadband within this postcode: Superfast Enabled Drainage: Mains drainage Heating: Mains gas central heating Construction: Brick Listed: No Conservation Area: Yes Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Rights of Way: We’re informed by the seller that the property benefits from a right of way to use the rear steps. Buyers are advised to confirm details and legal status with their conveyancer.
Shared / Communal Areas: We’re informed by the seller that the property has shared use of the rear courtyard.
Buyers should confirm maintenance responsibilities, rights of use and any associated costs with their conveyancer.
Crediton is a vibrant market town with a bustling high street full of independent shops, eateries, and pubs.
In recent years a diverse arts scene has grown to include all manner of mediums, with the performing arts making use of the town’s market square where, in the summer months, a range of activities take place.
The market square is also home to the town’s twice-monthly farmer’s market. The town has an equally significant past.
It was originally the first Bishopric in Devon and the imposing Parish Church of The Holy Cross now stands where once stood Devon’s first Saxon cathedral (909-1050AD).
It is also the birthplace of Saint Boniface, one of the founding fathers of the Christian church in Europe.
Easily commutable to Exeter and with two primary schools, a secondary school with sixth form as well as a wide range of necessary amenities, it’s clear why the town is a firm favourite with locals and relocators alike.
Directions : For Sat-Nav use EX17 3ED or the what3words is ///couriers.champions.bells If visiting by car, please park up and walk to the property (closest parking on Union Road). EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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.
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About 2 Hillbudge Terrace Park Street, Crediton
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