3-bedroom bungalow · EX13 8AP
For saleReduced £14.9k (−5%) on 3 OctListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended 2/3 bedroom bungalow, set in level gardens and in close proximity to village amenities with the benefit of no onward chain.
The Property Welcomed to the market for the first time since its construction during the 1970’s, what was meant to be a stop gap has spent the past five decades being a much loved family home.
The original accommodation has been cleverly extended to provide an additional guest bedroom beyond the garage which adds a good degree of flexibility to perspective purchasers.
The property has been well maintained during our client’s ownership and includes a gas fired central heating system and extensive double glazing.
It is worth noting that the property offers excellent parking arrangements with a long private driveway suitable for three vehicles.
Accommodation To the front of the property is a double glazed entrance porch with doorway leading to a central entrance hallway with loft access.
On your left is the dual aspect sitting room, opposite the dining room/bedroom three. The master bedroom overlooks the rear garden and includes fitted wardrobes.
There is modern bathroom comprising a white suite with shower over and extensive tiling.
While the kitchen includes a good range of wall and base units in cream with marble effect work surfacing and space for appliances.
From the kitchen a tiled passageway leads to the guest bedroom with en suite facilities, utility space and integral access to the garage.
Outside The the front of the property is a level lawned garden with mature shrubs, garage and driveway. Beside the garage is a useful area for bin storage.
The rear garden features a large seating area with raised bed, established shrubs and outside tap.
Situation The property is centrally located within the picturesque village of Musbury which stands on the eastern flank of the River Axe, midway between Axminster and Seaton.
There is a local primary school, parish church, public inn and garage with convenience store/post office.
The nearby market town of Axminster (3 miles) has a good a selection of shops including two supermarkets, plus schools, churches and a main line railway station on the Exeter to Waterloo line, while the coastal town of Seaton (4 miles) has many small independent retailers, a local hospital, major supermarket, doctors surgeries, primary school, banks and building societies.
Seaton is a popular resort for holiday makers, and boasts a wealth of activities including golf, tennis, bowls and sailing.
Directions What3Words ///apes.tried.invest Services Mains electric, gas, water and drainage. Superfast broadband and mobile network coverage are available in the area.
Refer to Ofcom's website for more details. Local Authority East Devon District Council. Tel : Council Tax Band C.
Material Information The area surrounding the property is at very low risk of flooding from rivers, seas and surface water.
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
Agent & docs
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FAQ
About 5, Marlborough Close, Axminster
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