2-bedroom house · EX14 3FH
Listing removedListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after village of Gittisham, this well-presented two-bedroom terraced home offers approximately 812 sq ft of bright and spacious accommodation.
The ground floor comprises a generous reception room with French doors opening onto the rear garden, a modern fitted kitchen and a convenient downstairs cloakroom.
Upstairs, there are two well-proportioned double bedrooms and a contemporary family bathroom. The property also benefits from two allocated parking spaces, providing added convenience.
Located on Meadow Acre Road, the property enjoys a peaceful setting while remaining within easy reach of the market town of Honiton, offering a range of independent shops, supermarkets, cafés, restaurants and everyday amenities.
The surrounding East Devon countryside provides an abundance of scenic walks, with the stunning Jurassic Coast also within easy driving distance.
For commuters, Honiton railway station offers direct services to Exeter, London Waterloo and beyond, while the nearby A30 provides excellent road links across Devon and into Somerset.
Combining modern accommodation, a desirable village location and excellent transport connections, this fantastic home is not to be missed.
Approximate Service Charges: £45.81pcm* *Service charges are estimated and may subject to change. Rent and service charges will be reviewed usually on 1st April each year.
Please note – This home is currently leasehold.
If you are purchasing the property outright then the property will need to be transferred from leasehold to freehold during the legal process and you should make your solicitor aware asap so they provide an accurate quote.
Once you complete the purchase of the property and the freehold, the lease currently in place will no longer exist. Please ask a sales advisor for more information if required.
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 SNG OR, 114, Meadow Acre Road, Honiton
Explore nearby