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See how verdicts work3-bedroom bungalow · EX11 1GU
Listing removedListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this extended 3-bedroom detached bungalow located in a lovely plot with gardens on 3 sides, in this much favoured position within the town of Ottery St Mary.
The accommodation, which was extended to one side to create spacious bedrooms, comprises; entrance porch, entrance hallway, lounge with ornamental fireplace and gas fire, a lovely conservatory giving access to the gardens and pedestrian access into the garage.
From the lounge, there is an opening into the separate dining room, with a door into the kitchen, which is fitted with a range of wall and base units, worktop surfaces, built-in double oven and hob with extractor hood over, freestanding appliances included, washing machine, dishwasher and fridge, there is also a cupboard housing the gas combi boiler.
There are 3 bedrooms; 2 being large and both with one wall of built-in wardrobes and the master has an ensuite shower room.
The third bedroom is currently used as a study and there is also a family shower room. The property also has gas central heating, solar panels and UPVC double-glazed windows.
Viewing is strongly recommended to fully appreciate this spacious bungalow in a lovely position.
The outside A brick-paved driveway leads down to a private driveway offering parking for several vehicles and leads to the double garage (5.50m x 5.10m) with electric up and over-door, light and power.
There are pedestrian gates on both sides to the enclosed beautifully landscaped gardens.
To one side is a paved pathway, a raised gravel garden with a feature brick retaining wall, well-stocked with an abundance of plants and shrubs, two circular patios and a further gravel garden.
This leads through to a lawned garden with trellis, flower bed and views to the left towards fields. To the other side there are vegetable patches and fruit bushes with gravel pathway surrounds.
Directions From the town centre, proceed along Mill Street, turn right by the hospital onto Thorne Farm Way, continue straight on and as the road bends to the right, the access driveway is on your left.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, coffee shops, chemist, florist etc.
There is an excellent range of schools, including The Kings School. There is also a supermarket, a dentist and a medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 89 Thorne Farm Way, Ottery St Mary
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