3-bedroom bungalow · EX14 2UW
For saleReduced £15k (−2.8%) on 16 OctListed 42 days
Opportunity summary
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About
A well presented three bedroom detached bungalow with a garage, gardens and driveway, conveniently situated on the edge of Honiton.
Situation Situated in a desirable elevated position South-East of town, this property enjoys convenient access to all the amenities of the historic town of Honiton.
The town offers a wide range of shops, schools, restaurants, and public houses, along with a mainline railway station and a sports centre.
Honiton benefits from excellent transport connections, with the A30 dual carriageway providing swift access to Exeter and the M5 motorway, as well as the A303 linking to London.
The stunning Jurassic Coast at Sidmouth is also easily reachable to the south.
Description Constructed of rendered block and stone elevations, this well presented bungalow offers well proportioned and thoughtfully arranged accommodation throughout.
A welcoming entrance hall leads to a spacious L-shaped sitting room, filled with natural light and has sliding doors opening onto the garden.
The kitchen is fitted with a range of base and wall units, integrated appliances, and provides access to a useful utility area, with doors leading to both the front and rear gardens.
There are three bedrooms, two of which benefit from fitted wardrobes, while the principal bedroom also enjoys the advantage of an en suite shower room. A family bathroom serves the remaining bedrooms.
Outside The property is approached via a private driveway providing off-road parking for two vehicles and access to the garage with an up-and-over door.
The front garden is laid predominantly to lawn, while the enclosed rear garden is also mainly laid to lawn, complemented by attractive shrub and hedge borders and a low maintenance seating area, providing an ideal space for al fresco dining and relaxation.
Services Mains water, electricity, gas and drainage. Gas fired central heating. Ultrafast broadband available. Mobile signal inside and outside on EE, Three, Vodafone and O2 (Ofcom).
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 1, Balfour Close, Honiton
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