2-bedroom bungalow · EX14 1AS
Sold STCReduced £20k (−5.7%) on 25 JulListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached two-bedroom bungalow in a cul-de-sac location close to Honiton town centre. No chain.
This larger style detached bungalow has clearly been a much-loved home but would now benefit from some cosmetic improvements.
The generous accommodation includes an entrance porch leading to a wide hallway with doors off to two double bedrooms, a bathroom, lounge, breakfast kitchen with some integrated appliances and access to a utility room.
The property further benefits from double glazed windows and external doors. The property is situated in a small cul-de-sac on the western side of this delightful and bustling market town.
The property enjoys a sunny East West aspect and stands in level gardens which have been created for ease of maintenance.
Well, positioned for access to the nearby facilities in the historic town which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre.
Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/London trunk route.
An international airport is available at Exeter. A real feature of the property is its outside space.
To the front is a driveway with access to the single garage (with power and access to the rear garden), an area of lawn, well stocked borders and access to the rear garden to the side.
To the rear is a good-sized garden which is a blank canvass for any keen gardener. There is a raised deck area, patio, lawn and well stock borders, mature trees and a pond.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4, Bramble Lane, Devon
Explore nearby