3-bedroom bungalow · EX14 3AW
Listing removedListed 41 days
Opportunity summary
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About
A well presented detached family bungalow situated on the outskirts of Honiton with lovely country views.
Situation Conveniently situated only a few minutes from the market town of Honiton, The Bungalow lies in the parish of Gittisham and is within walking distance of the Otter Inn, a popular riverside public house at Weston.
Access onto the A30 dual carriageway is nearby making the M5 and Exeter some 15 minutes away by car.
Honiton offers a good range of local amenities and a mainline rail service to Exeter and London Waterloo.
Description A 1970's brick built detached bungalow offering well planned accommodation throughout. The entrance hall provides useful storage and access to all rooms.
The sitting room enjoys a feature logburner and patio doors to the front garden, with double doors opening into the dining room and country style kitchen with range cooker.
There are three bedrooms, one with an en-suite shower room, plus a separate family bathroom.
Outside Double gates open to a paved parking area with space for several vehicles, a double car port and adjoining shed. Steps and a gravel path lead down to the bungalow.
The gardens are mainly to the front, laid to lawn with mature shrubs, fruit trees and a pergola covered decked area.
The decking continues around to the rear, providing a lovely seating area with countryside views. Services Mains electric and water.
Septic tank drainage, which is located in the neighbours garden, there are rights of access to the tank. Oil fired central heating. Standard and Ultrafast Broadband available.
Mobile signal outside likely with Three, 02, Vodafone and EE. (Ofcom) The property has recently undergone some remedial works to including re-plastering, painting and carpeting in some areas.
Agents Note Planning permission to construct a garage with an adjoining study and bike store was granted to the current owners on 9th July 2018. This consent has since lapsed.
Full planning information is available on the East Devon District Council website under reference 18/0878/ful. Directions What 3 Words ///daredevil.taped.beep
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 The Bungalow, Nags Head Road, Honiton
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