3-bedroom house · EX11 1TQ
For saleReduced £30k (−5.6%) on 6 AugListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this highly adaptable three-bedroom detached chalet bungalow, situated in one of the most sought-after locations to the north of Ottery town centre.
Occupying a large corner plot, the property enjoys stunning views across the Otter Valley towards Sidmouth. The accommodation is well arranged and spacious throughout.
The ground floor comprises a generous entrance hall with a cloakroom, a well-proportioned living room, kitchen/breakfast room, dining room, bedroom and a utility.
On the first floor, two further bedrooms, a shower room and storage cupboards.
The property offers excellent potential for further extension or reconfiguration, subject to the necessary planning consents.
Properties of this nature, in such a desirable position, rarely become available on the local market and an early viewing is strongly recommended.
Outside The property sits on a substantial plot with extensive gardens to both the front and rear with far-reaching views over the surrounding countryside towards Sidmouth.
A generous front garden sets the property back from the road, creating an attractive approach with a large driveway providing ample off-road parking and access to the integral garage.
The garden is mainly laid to lawn and bordered by mature trees, shrubs, and established planting, offering a high degree of privacy and a pleasant green outlook.
The rear garden is a particularly attractive feature of the property, enjoying a good degree of privacy.
Predominantly laid to lawn, the garden is complemented by a paved patio terrace adjoining the property.
Well-stocked borders, mature shrubs, established trees, and vegetable garden provide colour, interest, and excellent space for keen gardeners.
A greenhouse and timber garden shed offer practical storage and gardening facilities, while a side pathway and gate provide convenient external access.
Directions Proceed out of Ottery St Mary and turn right into Ridgeway. Continue for approximately 400 metres and the property will be found on the right-hand side.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, coffee shops, chemist, florist etc.
There is an excellent range of schools, including The Kings School. There is also a supermarket, dentist and a medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 4 Higher Ridgeway, Ottery St Mary
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