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See how verdicts work3-bedroom bungalow · EX22 6DB
Sold STCReduced £15k (−5.1%) on 25 AugListed 605 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire this 3 bed, detached bungalow situated within a sought after residential development on the edge of the bustling market town of Holsworthy.
The bungalow is in need of modernisation throughout but provides spacious and versatile accommodation throughout.
The bungalow also benefits from off road parking, single garage along with front and rear garden. Available with no onward chain. EPC D.
The bustling market town of Holsworthy has a weekly Pannier Market, good range of national and local shops together with a Waitrose supermarket, bp filling station, Marks & Spencers Simply Food and Wild Bean café.
There are a whole range of amenities within the town including a heated swimming pool, sports hall, bowling green, cricket club, 18 hole golf course etc.
Bude on the North Cornish coast is some 9 miles.
Okehampton, Dartmoor National Park and the market town of Bideford are some 20 miles distant, whilst Barnstaple, the Regional North Devon Centre is some 30 miles.
Launceston, Cornwall's ancient capital, is some 14 miles distant. Holsworthy is in the heart of “Ruby Country”, named after the famous local Red Ruby cattle.
Directions From our office proceed along Fore Street and turn right into Bodmin Street, and then take the first right into Croft Road.
Proceed along Croft Road for approximately 250 yards and then turn left into Westcroft Road.
Take the second turning on the left into Central Avenue whereupon number 7 will be found towards the end of the close on the left hand side with a Bond Oxborough Phillips 'For Sale' board clearly displayed.
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 Shandyland, 7, Central Avenue, Devon
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