2-bedroom terraced house · EX17 2BT
Listing removedReduced £10k (−5.4%) on 21 JunListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This appealing corner house is set over four floors with accommodation including two bedrooms, sitting room, kitchen/breakfast room, bathroom, useful cellar room and shared courtyard.
The house also enjoys gas central heating and a wonderful outlook over the alluring town square.
Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons, Tesco and Lidl superstores are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course and a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description The front door gives access from North Street into the ground floor which includes the kitchen/breakfast room with a range of wall and base units, sink unit and space for cooker.
The rear lobby area also has a door and steps down to the cellar room which offers useful storage. From the kitchen/breakfast room a door also leads to the bathroom with a shower over the bath.
The first floor consists of the sitting room with a large bay window to the front and a smaller window to the side. The second floor consists of a small landing area with access to the bedrooms.
Outside there is a shared rear yard with store shed and access back around to North Street.
Directions And Material Information What3Words: ///rummage.erupts.harmlessly Mains electricity, gas, water and drainage Gas central heating and hot water Mid Devon District Council - Band B Freehold On street parking
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4, North Street, Devon
Explore nearby