4-bedroom property · EX36 4FJ
For saleListed 498 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On arrival Welcome to Oaktree Road located within the historic market town of South Molton; this immaculately presented example of a property built by Wain-Homes is situated within the highly sort-after Honeymead Meadow' development.
Within easy reach of the town centre, this end of terraced family home, boasts 4-bedrooms providing ample space for a growing family or those in need of a home office Moving inside The ground floor has been designed for modern family living with the large entrance hall welcoming you into your new home.
To the right is the family lounge with double patio doors opening into the garden; but the heart of this home is the kitchen/diner, a cleverly designed space with contemporary units, an integrated oven & hob and space for a washing machine & dishwasher.
With plenty of storage cupboards and ample work surface, you'll soon be preparing family meals while the children are doing their homework at the dining table.
Double patio doors then open out onto the rear patio & lawned garden, which is perfect for entertaining family and friends on those summer days. Completing the ground floor is a large WC.
Upstairs Moving upstairs you'll find yourself on the landing with the modern family bathroom directly in front of you complete with bath (shower)/sink and toilet.
To your right is the master bedroom which also boasts a modern en-suite comprising of a shower, sink and toilet. To your right is bedroom 2, light and airy, with space for a wardrobe.
Completing the upper floor, are a further 2 bedrooms overlooking the rear garden, either of these could provide the added benefit of being a 'Home Office'.
In the garden This garden boasts not only a patio area, which is perfect for those summer BBQs, but a courtyard area to the side of the property, which could be utilised for a large extension (STPP).
The remainder of the garden is laid to lawn, with plenty of space for the obligatory family trampoline.
Also to the rear of the property is the single garage and driveway with gated access to the garden and rear of this home, a must when returning with the dogs after a muddy walk on the moors.
Around the local area Oaktree road is located within a popular residential area on the edge of South Molton which provides an excellent range of shopping, lifestyle and educational facilities including the award-winning Pannier Market.
Take the A361- link road West to access the aonb of the North Devon coast and the market town of Barnstaple offering unique leisure & recreational experiences.
Alternatively, head East to the M5 (J27) providing easy access to the city of Exeter or the county town of Taunton.
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
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FAQ
About 36, Oaktree Road, South Molton
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