3-bedroom bungalow · EX13 7RG
Listing removedReduced £130k (−24.8%) on 21 JunListed 233 days
Opportunity summary
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About
This detached bungalow occupies a corner plot, in a lovely position and only a moment from the village centre, with a garage, established gardens and off-street parking.
The Property A detached dormer bungalow, thought to have been built in the 1960’s with three double bedrooms one that is fitted with a W/C and a wash hand basin, a shower room, a cloakroom, off road parking for several vehicles and a single garage with a store room located to the rear.
The property is beautifully situated in a semi-rural location, with wrap around garden on the outer edge of the village, with views of the countryside, yet only a short walk from the amenities on offer in Kilmington.
Accommodation The entrance hall provides access to all rooms on the ground floor and a staircase to a bedroom on the first floor.
This bedroom bears special mention as it would be ideal for anyone wishing to work from home as it has ample storage. There is a spacious living room with an archway leading into the dining area.
The double aspect kitchen has ample storage, a built-in electric oven, electric hob, space for white goods and room for a kitchen table, a door to a rear lobby, with a WC and a boot room which allows access into the garden.
There are two double bedrooms on the ground floor, both with built-in storage, and a family shower room.
The main bedroom is on the first floor has the added benefit of an en-suite facilities, built-in wardrobes and storage. There is also further eaves storage available, accessed off of the main bedroom.
Outside The property is approached from the lane side on to the driveway providing off road parking and in turn leads to the detached single garage with an up and over door, light and power, oil boiler and pedestrian door into the garden.
The corner plot is stocked with mature shrubs and flowerbeds with a level lawn to three sides.
Local Authority East Devon District Council Blackdown House, Border Road, Heathpark Industrial Estate, Honiton, EX14 1EJ. Tel : Council Tax Band E.
Situation The property is situated towards the outer edge of the ever-popular East Devon village of Kilmington.
The village provides an excellent range of local facilities including a primary school, two churches, village hall, cricket pitch and play park, including tennis courts.
There is a petrol station with convenience store, an excellent farm shop and two public houses.
Further information on the village including many of the social events can be found on the website: Axminster (2 miles) is a market town on the Eastern fringes of Devon, close to the border with Dorset.
It offers a selection of independent and national retailers including two supermarkets: Plus schools, churches and a main line railway station on the Exeter to Waterloo line.
The beautiful Axe valley reaches the sea at Seaton (6 miles) and the famed resort of Lyme Regis is a similar distance.
Exeter (M5) 24 miles, Taunton 20 miles Services Mains electricity, water and drainage. Ultrafast broadband and mobile network coverage available.
Directions What3Words ///w3w.co oting.tuck.laminated Material Information The property is situated in an area with a very low flood risk. Agents Note. The vendors will be buying on.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Cherryholt, Whitford Road, Axminster
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