2-bedroom bungalow · EX14 2EW
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We’re often asked for properties that need a makeover, so here’s your chance!
We’d describe this semi-detached bungalow as an honest home: it could certainly do with some loving care and attention, but it has good-sized rooms and plenty of potential.You’ll probably want to redecorate, replace the carpets and revamp the kitchen, but this is a great opportunity to put your own stamp on a property and add value along the way.
It already has gas central heating with a modern boiler, giving you a useful head start.There are two double bedrooms, one with fitted wardrobes, together with a bathroom fitted with a step-in shower.
The living room is a comfortable size and the kitchen also offers a decent amount of space.Outside, number 5 has gardens to both the front and rear, as well as a single garage in a nearby block with parking.
Gosceline Walk is a cul-de-sac of similar homes in a popular part of town, with the town centre and railway station both around a fifteen-minute walk away.If you’re looking for a bungalow you can improve at your own pace and make entirely your own, number 5 is certainly worth coming to see.
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.
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About Gosceline Walk, Honiton
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