5-bedroom bungalow · EX20 1BQ
For saleReduced £30k (−6.3%) on 5 AugListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on a generous 0.4-acre plot close to the town centre, this spacious detached property offers exceptional potential for a range of uses.
Boasting five well-proportioned bedrooms, central heating throughout, and a host of versatile outbuildings, the home is ideal for families or those seeking additional space for hobbies or business use.
The property features ample yard space and large, mature gardens that lead down to a beautiful river frontage yet situated close to the town centre.
With its convenient location and substantial scope for development or enhancement, this is a truly unique opportunity not to be missed.
Material Information/Utilities Water - Mains connection Drains - Mains Electric - Mains Heating - Mains Gas Broadband - Ultra Fast and Standard available Mobile - EE, O2 - Likely, Vodafone and Three Limited (ofcom).
Council Tax Band - D EPC - tbc A UPVC double glazed door opens to the Entrance Porch Tiled flooring, glazed door to the Hall Radiator, laminate flooring. Bedroom Fitted carpet, radiator.
Bedroom Fitted carpet, radiator. Kitchen/Dining Room Fitted with an extensive range of floor and wall units, built in appliances including a double electric oven and dishwasher.
Island unit with an inset induction hob, inset one and a half bowl ceramic sink, plumbing and space for a washing machine, vinyl flooring, pantry cupboard, radiator, UPVC double glazed stable door to the garden.
Utility/Bedroom 5/Versatile Room A useful space that could be utilised for a number of uses. It has tiled flooring and a radiator.
Bathroom A white suite comprising of a double ended bath, concealed cistern w.c., vanity wash basin, corner shower unit, tiled flooring, fully tiled surrounds, chrome heated towel radiator, extractor fan.
Snug Large multi fuel burning stove, wood laminate flooring, radiator. Living Room UPVC double glazed French doors opening to the garden, two radiators, wood laminate flooring.
Bedroom Wood laminate flooring, radiator. Adjoining is another room which could be turned into an en-suite and we are advising, there is already plumbing installed for this.
From the snug area, carpeted stairs lead up to the Master Bedroom An impressive double aspect room with fitted carpet, radiator, UPVC double glazed French doors to a Juliet balcony overlooking the garden and river.
En-Suite Toilet A white suite comprising of a low level w.c, vanity wash basin and vinyl flooring. Outside Immediately to the front of the property is a driveway providing parking.
To the side of the property are gates opening to a large yard with space for numerous vehicles and access to the various outbuildings, all with power and light.
Some of the buildings are in poor condition but offer tremendous scope. The large gardens including lawns and patio with direct river frontage across the width of the garden.
Consumer Protection From Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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.
Area
Agent & docs
FAQ
About Cosy Cot, North Road Industrial Estate, Okehampton
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