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See how verdicts work2-bedroom bungalow · TQ12 6SS
Listing removedListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached bungalow situated on the edge of Heathfield with accommodation including two double bedrooms, a lounge, kitchen and shower room.
Gas central heating and uPVC double glazing are installed and outside there are gardens to the front and side, ample driveway parking, a detached garage and carport.
The bungalow would benefit from some updating and with no onward chain Internal viewings are recommended to appreciate all on offer.
Sharps Close is situated within a cul-de-sac on the edge of Heathfield which is a popular location with a range of local amenities including a convenience store, take away and primary school.
A wider range of shopping, business and leisure amenities can be found in the nearby town of Bovey Tracey which is set on the edge of Dartmoor National Park.
For the commuter, Heathfield is convenient for the A38 Devon Expressway to Plymouth and Exeter with the M5 beyond.
Accommodation A uPVC double-glazed entrance door leads to the entrance porch with uPVC double-glazed windows to front and side and an obscure glazed door to the hallway with access to loft and an airing cupboard housing wall mounted gas boiler and radiator.
The lounge is dual aspect with uPVC double-glazed windows to front and side and a feature tiled fireplace.
The kitchen has a range of wall and base units with rolled edge work surfaces, tiled splashback, inset single drainer sink unit, space for appliances, uPVC double-glazed window and uPVC part obscure double-glazed door to outside.
Bedroom one has a uPVC double-glazed window with outlook to front and bedroom two has a uPVC double-glazed window to rear.
There is also a shower room with shower cubicle, low level WC, pedestal wash basin and uPVC obscure double-glazed window.
Gardens The front garden is laid to lawn with hedging to boundary, established trees, tiled patio and path extending along the rear of the bungalow.
Parking Outside to the front there is a double five bar gate and driveway leading to a detached garage and carport. The driveway provides off-road parking for 3 to 4 cars.
Agent’s notes Council Tax: Currently Band C Tenure: Freehold Mains water. Mains drainage. Mains electricity. Mains gas. The sale of this property is subject to a grant of probate.
This property awaits first registration.
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 1, Sharps Close, Newton Abbot
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