2-bedroom bungalow · EX9 6EG
For saleListed 251 days
Opportunity summary
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About
A detached bungalow situated in a quiet and sought after residential area, little more than a mile from the town centre and sea front.
The property boasts a superb elevated position and occupies a good-sized, fairly level plot. The accommodation is generously proportioned and extremely light throughout.
Planning permission has been granted to extend the property at the rear (drawings available ).
There is also clear potential to convert the loft space if required, many properties in the immediate area have undertaken similar schemes and many planning precedents have been set.
A conversion of the loft space would not only significantly increase the specification of the property, but also provide fine countryside views towards Sidmouth and Peak Hill, whilst from the side the views would extend down to Otter Head.
* No onward chain * The Accommodation Comprises: Entrance Hall Central heating radiator, laminate flooring, telephone point, hatch to loft space, airing cupboard housing factory lagged tank and slatted shelf.
Doors to ...
Living Room / Dining Room Double glazed window to the front elevation, further double glazed window to side elevation, fireplace with conventional limestone fire plave and chimney , wall light points, TV point, two central heating radiators with thermostatic controls, coved ceiling.
Entrance Lobby Obscured double glazed window to front elevation, double glazed door leading to ...
Bedroom One Double glazed window to front elevation, further double glazed window to side elevation, built-in wardrobes, built-in cupboard with storage over, telephone point, central heating radiator with thermostatic control.
Bedroom Two Double glazed window to side elevation, built-in cupboard, central heating radiator with thermostatic control, double glazed doors leading to the conservatory.
Conservatory Double glazed conservatory with laminate flooring, two central heating radiators with thermostatic controls, electric light point, double glazed door to side elevation.
Bathroom Two obscured double glazed windows to rear elevation. Suite comprising panelled bath, shower cubicle, close coupled WC and wash hand basin with storage cupboard under.
Tiled flooring, ceiling spotlights, extractor fan, chrome ladder style heated towel rail, tiled walls.
Kitchen Double glazed window to rear elevation, generous expanse of roll edged work surface with inset electric hob with extractor and light unit over, built-in electric oven, tiled splashbacks, range of base and eye level storage cupboards and drawers, ceiling spotlights, central heating radiator with thermostatic control.
Wall mounted gas central heating boiler. Door to inner hallway.
Inner Hallway Obscured double glazed door to front elevation, further double glazed door to side elevation, space and plumbing for washing machine, tiled flooring, sliding door to garage.
Garage Up and over door, double glazed window to rear elevation, light and power. Outside The bungalow enjoys both front and rear gardens, which are mainly laid to lawn.
To the front there a brick paved driveway, which provides ample off road parking and access to the garage.
The enclosed rear garden is well stocked with plants and shrubs, paved patio, side pedestrian gate, cold water tap and outside lighting.
Agents Note Tenure – freehold Council Tax - Band D : East Devon District Council Services: Mains gas, electricity, water and drainage are connected.
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 Honey Park Road, Budleigh Salterton, EX9
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