2-bedroom bungalow · EX11 1GU
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase one of these popular 2-bedroom detached bungalows, located on a level plot in the much favoured town of Ottery St Mary.
The well-presented accommodation comprises: Entrance hallway, kitchen which is fitted with a range of wall and base units, worktop surfaces, built-in oven and hob with extractor hood over, integrated fridge.
The living room is a lovely room with an ornamental fireplace and access into the conservatory, which gives access to the rear garden.
There are 2 bedrooms, the master has built-in mirrored door wardrobes and an en-suite shower room. There is also a bathroom suite. The property has gas central heating and double-glazed windows.
Viewing is strongly recommended of this attractive home.
The outside To the front is a lawned garden, a driveway offering parking which leads to the garage (5.07m x 2.80m) electric door, wall units, workbench, light, power and rear personal door.
There is also side pedestrian access which leads to the rear garden, which has been attractively laid out, paved patio, shed, lawned garden and shrubs.
There is a gravelled area to the other side of the property with another garden shed.
Directions From the town centre proceed along Mill St, go over the river bridge and turn right into Thorne Farm Way, follow the road around and the property is on your right.
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, 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.
Area
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FAQ
About 42 Thorne Farm Way, Ottery St Mary
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