2-bedroom bungalow · EX16 6JN
For saleReduced £20k (−8.3%) on 13 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered to the market with no onward chain is this semi detached two double bedroom bungalow. Front facing lounge with fire. Two bedrooms with built in storage served by a family bathroom.
Front & Rear Gardens, with the opportunity to create off road parking. Call Fox & Sons to arrange your viewing.
Description Viewing is advised of this semi detached two bedroom bungalow which is located within Pinnex Moor.
On approaching the property is a lawn area with mature trees and shrubs; there is potential to create parking here as the kerb has already been dropped.
On entering the property, you are greeted by a spacious hallway with doors to all rooms and storage cupboard. To the front is a spacious lounge.
There are two double bedrooms both of which have built in storage. The kitchen is rear facing and would benefit from modernisation. Completing the accommodation is a family bathroom.
Externally there is a front and rear enclosed garden which is private and is predominately laid to lawn. No onward chain.
Hall Doors to all rooms, with a radiator, a telephone point, the loft hatch, and a storage cupboard.
Kitchen The kitchen features a double-glazed window to the rear, with wall and base units, a one bowl sink and drainer, and space for a cooker, washing machine, and a fridge/freezer.
Also a storage cupboard, a wall-hung boiler, a door to the side, and is partially tiled.
Lounge The lounge has a double-glazed window to the front, with a radiator, a disconnected gas fire, a TV point, and a serving hatch into the kitchen.
Bedroom One Bedroom One has a double-glazed window to the front, with a radiator, and built-in storage.
Bedroom Two Features a single-glazed window to the rear, with a radiator, and two built-in wardrobe spaces.
Bathroom Has a double-glazed window to the rear, with a W.C, a wash hand basin, a radiator, a bath with a shower over, and is partially tiled.
Loft Space The loft is partially boarded, has insulation, and has no ladder. Front Garden The front garden is laid to lawn with mature trees and shrubs.
There is a path leading to the front door, with a patio area. Rear Garden The rear garden is laid to lawn with mature shrubs and access to the front of the property. There is also an outside shed.
Parking There is on-street parking; however the front garden has a dropped kerb.
Agents Note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 9, Pinnex Moor Road, Tiverton
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