3-bedroom bungalow · EX4 9HQ
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to acquire this spacious 3-bed detached bungalow, set in a sought-after residential location within easy walking distance to a variety of local amenities and public transport links.
Although in need of cosmetic updating the property represents excellent value and provides well-proportioned accommodation throughout.
Full Description Offering versatile and sizeable accommodation throughout, the internal space comprises a large entrance hallway, three well-proportioned double bedrooms, ample fitted kitchen, separate dining room which could be used as a fourth bedroom, dual aspect sitting room, family bathroom and additional shower room.
Benefiting from a well-positioned and sizeable plot the outside space enjoys a delightful lawn space to the front of the property, thriving with mature plant life and shrubs.
In additional to this a generous sized driveway which leads to a detached garage and side access point to a generous sized enclosed rear garden.
***no onward chain*** Material Information Material information Council Tax Band: E - Exeter City Council Utilities: Mains Water, Sewerage, Gas & Electricity. Parking: Driveway in front of garage.
Tenure: Freehold
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
Agent & docs
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FAQ
About 5, Park Lane, Devon
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