2-bedroom bungalow · EX15 3XE
For saleListed 44 days
Opportunity summary
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About
A recently refurbished two bedroom bungalow. Sitting room, kitchen, bathroom, conservatory, front and rear garden, garage. No Onward Chain, Council Tax Band B, Freehold, EPC D.
Situation 9 The Oaks enjoys a central position within the popular village of Hemyock, which lies in the heart of the Blackdown Hills National Landscape.
The village provides an excellent range of local amenities including a health centre, 2 convenience shops and post office, pre and primary school, churches, a public house, and secondary education at Uffculme.
The larger market town of Wellington is approximately 15 minutes by car and offers a further variety of facilities as well as access to the M5 motorway at Junction 26.
Rail links to London Paddington are available from Tiverton Parkway, about 7 miles away, with additional mainline connections and a comprehensive selection of shops and schools found in the county town of Taunton.
The market towns of Cullompton and Honiton are also within easy reach, both approximately a 20-minute drive.
Description A two-bedroom semi-detached bungalow comprising an entrance porch, kitchen, sitting room, bathroom and conservatory. To the rear is an enclosed garden, along with a separate garage.
The property is offered for sale with no onward chain.
Accommodation The property is approached via a front door opening into an entrance porch, with a door leading into the sitting room, which enjoys a front-aspect window.
A door from the sitting room opens into the inner hallway. Bedroom one is positioned to the left and benefits from a window to the front.
The hallway also offers an airing cupboard and access to the loft space. Bedroom two is located to the rear of the property with a rear-aspect window.
The bathroom comprises a shower cubicle, wash hand basin set within a vanity unit and WC.
Also accessed from the hallway is the kitchen, fitted with a range of matching wall and base units incorporating a sink with drainer, integrated oven with induction hob and extractor hood above, integrated dishwasher and washing machine, and space for an integrated fridge/freezer.
A door leads through to the conservatory, which features sliding doors opening onto the enclosed rear garden. Outside To the front of the property is an area of lawn with established bordering.
To the rear lies a low-maintenance, fully enclosed garden, featuring a generous patio area and sections of AstroTurf.
To the side of the property, a lane provides access to the garage, which is fitted with an up-and-over door. Services Mains drainage, electric and water.
Mobile coverage is good outdoor with O2, Three and Vodafone and good outdoor and variable in home with EE (Ofcom). This property has the benefit of Ultrafast broadband (Ofcom).
Agents Note The selling agents give notice under the Estate Agency Act that the vendor of this property is connected to an employee of Stags.
Viewings Strictly by appointment with the vendor's selling agents, Stags, Wellington Office.
Directions From Wellington Bypass head south along Monument Road and at the crossroads at the top of the hill by Wellington Monument continue straight across signposted Hemyock.
Drop down into the village passing the Spar shop and take the next left into Hollingarth Way, taking the first right into The Oaks where the property can be found on the left hand side.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 9, The Oaks, Cullompton
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