3-bedroom terraced house · EX17 3FD
Listing removedListed 232 days
Opportunity summary
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About
A fantastic modern home consisting entrance hall, 16' sitting room, good size kitchen/dining room, rear entrance with access to the cloakroom, three bedrooms and bathroom.
Outside there is a patio garden to the rear and a small garden to the front with parking adjacent to the shared, private carpark. Other benefits include central heating and PVCu double glazing.
Location Crediton town lies some seven miles from Exeter and provides both frequent bus and regular train services to the City.
Within the town one would find a variety of individual shops, along with both Morrisons, Lidl and Tesco Supermarkets together with a main bank, library, two primary schools, Queen Elizabeths Sixth Form Community College, a doctors surgery and Leisure Centre with a swimming pool.
Description The accommodation consists of the front door which leads to the inner hall with stairs to the first floor, understairs cupboard and a door to the sitting room with windows to two aspects.
The kitchen/dining room is also accessed from the hallway and is a good size with a range of modern wall and base units with built in oven and hob, dishwasher and fridge/freezer with plenty of space for a dining room table.
From the kitchen/dining room there is a door to the rear lobby with a further door to the rear garden and the downstairs cloakroom.
The first floor consists of the landing area which gives access to the three good size bedrooms and family bathroom.
Outside there is a small, private area of garden to the front while the rear garden enjoys a large patio area with a further area laid with stone chippings and a useful large garden shed.
There is also parking adjacent in the private carpark. Directions and Material Information What3Words: ///cinemas.flush.private Material Information: Mains electricity, water and drainage.
Gas fired central heating and hot water. Mid Devon District Council - Band C Freehold. Parking in adjoining private carpark.
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
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FAQ
About Joseph Locke Way, Crediton, Devon
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