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See how verdicts work3-bedroom bungalow · EX13 5LW
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed 2/3 bedroom semi detached bungalow with good size enclosed garden, garage and no onward chain.
The Property - This much loved home is welcomed to the market for the first time in close to 40 years and benefits from no onward chain.
The property has been well maintained both inside and out, and features extensive double glazed windows and doors as well as a gas fired central heating system.
The accommodation is deceptively spacious from the outside and offers a good degree of flexibility to potential purchasers.
The addition of a modern conservatory provides further reception space and offers a pleasant area to relax overlooking the gardens.
Accommodation - To the front of the bungalow is the main entrance porch which leads through to the sitting room. An inner hallway provides access to all principal rooms as well as the loft space.
Two good size double bedrooms are located to the far end of the property, while the third bedroom has been utilised as a formal dining room and leads through to a modern double-glazed conservatory.
The kitchen overlooks the garden and features a good range of units, integral oven and space for further appliances.
The family bathroom has been replaced with a corner shower cubicle and features extensive tiling. The garden can also be accessed via an additional porch which adjoins the kitchen.
Outside - To the front of the bungalow is an open plan lawn, with garage and driveway. Gated pathway leads between the bungalow and garage to the rear garden.
The main garden is mainly lawned and offers a good degree of privacy. Garden shed, outside light and water supply.
Situation - Fosseway Close is a favoured residential area of mainly detached and semi detached properties, just a five minute walk from Axminster town centre.
Axminster is a country town on the eastern fringes of Devon, close to borders with Dorset and Somerset.
It offers a selection of shops including two supermarkets, schools, churches, health centre and cottage hospital.
It also plays host to Hugh Fearnley-Whittingstall's River Cottage HQ at the nearby Trinity Hill.
The beautiful Axe Valley reaches the sea at Seaton (6 miles) along the Jurassic Coastline and the famed resort of Lyme Regis is a similar distance. Exeter (M5) 24 miles, Taunton 20 miles.
Axminster has a mainline train station on the London Waterloo line and a vibrant market every Thursday in Trinity Square.
Directions - What3Words ///scouted.scrubs.vets Services - Mains electric, gas, water and drainage. Broadband : Ultrafast available Mobile Network Coverage : Mobile coverage is available in the area.
Please refer to Ofcom's website for further details Source - Ofcom.org.uk Local Authority - East Devon Council, Tel : . Council Tax Band C.
Material Information - The area around the property is at very low risk from flooding from rivers and seas, and surface water.
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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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 Fosseway Close, Axminster, Devon
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