2-bedroom bungalow · EX5 5PA
Listing removedListed 698 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire an exciting detached new built 112m2 bungalow currently under construction with completion taking place 6 months after an offer has been accepted.
Occupying a highly convenient position only a short walk from Thorverton village centre. Being built to a particularly high specification comprising: Reception hall. Two double bedrooms.
Ensuite shower room to master bedroom. Spacious lounge/dining room open plan to modern kitchen. Modern shower room. Rear garden. Private parking for two vehicles.
An exceptionally high standard of thermal design and performance with multi zone underfloor heating, air source heat pump, mains drainage and dedicated plant room.
Please call or email for further details.
Full details to follow Village of thorverton One of the area’s most popular villages, situated in the beautiful Exe Valley, a few miles north of the university and cathedral city of Exeter.
The attractive village has an excellent selection of local facilities, including pubs, a primary school, post office, village shop, church and farm shop.
There is a very active local community, including many clubs and societies and a daily bus services to Exeter and Tiverton.
The surrounding area consists of typical rolling Devon farmland, with many excellent walks to be had around the network of public footpaths.
There is quick access to the south, via the A396 to Exeter (c.8 miles), where there is access to the M5, mainline railway stations and an international airport.
There is also easy access along the A396 to the north, to Tiverton (c.
9 miles) and the A361 leading east to Junction 27 of the M5 motorway and nearby Tiverton Parkway Railway Station, and northwest to Barnstaple and the North Devon coast.
Tenure freehold directions Proceeding out of Exeter on the A396 continue through Stoke Canon, Rewe and continue on this road for approximately 3 miles taking the left hand turning signposted ‘Thorverton’.
Continue on this road for approximately 1 mile until reaching the centre of the village of Thorverton and bear right into Jericho Street approximately 100 yards on the right hand side you will see two white garages, to the right side of the garages is the access to a gate in turn leading to the plot which will be found on the right hand side (second plot).
Viewing Strictly by appointment with the Vendors Agents.
Agents note The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more check into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to check all legal matters relating to the property (e.g.
Title, planning permission, etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains, etc.) will be included in the sale.
Please be aware that all measurements within these particulars are recorded with a sonic tape, and whilst every effort has been taken to ensure their accuracy potential purchasers are recommended to satisfy themselves before entering a contract to purchase.
Agents note money laundering policy Samuels Estate Agents are committed to ensuring that it has adequate controls to counter money laundering activities and terrorist financing activities, in line with the Money Laundering Regulations 2007.
Any prospective purchaser will be required to show proof of funds and identification. We ask for your cooperation on this matter in order that there will be no delay in the transaction.
Value & comps
No previous sales on record.
Returns
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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.
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About New Build Bungalow, Jericho Street, Exeter
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