3-bedroom house · EX11 1GX
Listing removedListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase one of these popular 3-bedroom, three-storey semi-detached town house houses located in the much favoured town of Ottery St Mary.
The well presented accommodation comprises: entrance hallway, cloakroom, kitchen/dining room, fitted with a range of wall and base units, worktop surfaces, integrated fridge/freezer, built-in oven and hob with extractor hood over, door into the rear garden.
On the first floor there is a living room with doors onto a balcony and bedroom 2 with a built-in cupboard.
On the second floor, there is a master bedroom with built-in mirrored door wardrobes and an en-suite shower room. There is also a further bedroom and a family bathroom.
The property also has gas central heating and double-glazed windows. Viewing is strongly recommended.
No chain The outside To the front is a driveway offering parking and leads to the garage (5.28m x 2.81m) up and over door light, power and personal door into the hallway.
There is a lawned garden to the front with side pedestrian access to the rear garden. The garden is an attractively laid out, shaped lawned garden with stocked borders and a paved patio.
Directions From the town centre proceed along Mill St, go over the river bridge and turn right by the hospital, take the second right into Thorne Farm Way and the property will be on your right.
Location Ottery St Mary, home of the world-famous 'Tar Barrels', is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops - butcher, greengrocer, bakery, chemist, supermarket etc.
There is an excellent range of schools, including The Kings School and a first-class medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London 'Waterloo' line only a short drive away. The City of Exeter and its International Airport are also close by.
Value & comps
No previous sales on record.
Returns
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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 Thorne Farm Way, Ottery St Mary
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