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See how verdicts work4-bedroom bungalow · EX20 1NU
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This circa 1930s detached chalet bungalow presents an excellent opportunity: a spacious home with private parking and within a short walk of Okehampton’s town centre.
The front elevation is typical for properties of this era, with two large bay windows, and a modern entry porch giving access to the central hallway.
From here you can access the interconnected reception rooms: living room, dining room and kitchen. The living room has been extended and features french doors to the rear garden.
From the kitchen there is access to a rear porch / utility, perfect for keeping the practical parts of the home separate from the living space.
Also along the hallway are two large double bedrooms, a single bedroom / office and the bathroom. Upstairs are the two remaining bedrooms, one of which is a large double, and a shower room.
The property would benefit from some cosmetic updates and modernisation but could also be enjoyed just as it is.
To the front, steps lead up to a low maintenance garden, and there is access around the side to the low maintenance rear garden, both with mature ornamental plantings.
Also to the rear is a private drive with parking for 1 - 2 cars, depending on size. In addition, there is scope to enlarge the driveway if desired, subject to any necessary consents.
The property is located on a popular street in the vibrant town of Okehampton within a short walk of the town’s amenities, which include 3 supermarkets and a wide variety of shops and services.
Okehampton is also the walking centre of Dartmoor with its wild landscape and space to roam accessible from the edge of town.
A rail link provides connectivity to Exeter and the main Penzance to London Paddington line, and the A30 corridor is on the doorstep.
The city of Exeter offers an extensive commercial and retail centre as well as additional road and air links.
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 Crediton Road, Okehampton
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