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See how verdicts work4-bedroom terraced house · EX20 1LZ
Sold STCListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lopes Crescent, Okehampton This spacious & bright home benefits from large double glazed windows providing plenty of natural sunlight.
There is a lounge with working fireplace, open plan kitchen/diner, large conservatory, WC, and utility room on the ground floor.
The first floor offers 2 double bedrooms, a single bedroom & family bathroom. The 2nd floor loft conversion houses the 4th bedroom and en-suite, with velux windows providing stunning views.
The property is in good decorative order throughout and a new roof was installed in 2017.
Outside is private parking for two cars, and to the rear is a lovely and extensive garden, extending to approx 180 feet, with patio & lawned areas and a productive vegetable/fruit patch.
There is also a good sized workshop and lean-to outhouse. To the front of the property is a private drive and parking. There is access around the side of the property.
To the rear is a patio a useful storage shed and a large rear garden, which offers a good degree of privacy and seclusion. There are extensive lawn areas and a selection of fruit trees.
In the lower section of garden is a further block shed. The rear gardens enjoy a southerly and westerly orientation.
The property is located in the vibrant town of Okehampton, tucked away in a quiet close yet within a short walk of the town’s amenities including 3 supermarkets and a wide variety of shops and services.
A rail link provides connectivity to Exeter and the main Penzance to London Paddington line.
The city of Exeter offers an extensive commercial and retail centre as well as additional road, and air links. Agents Note: Improvements have been made to the property since the EPC was done.
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
FAQ
About 12, Lopes Crescent, Okehampton
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