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See how verdicts work3-bedroom bungalow · EX20 1PB
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description First time to market in circa 29 years, this detached residence has clearly been well maintained and modernised during current ownership.
There are many benefits to the property and its convenient location, to be fully appreciated viewings are essential.
The 104 square meters of living accommodation provides a dual aspect, L-shaped, open plan living/dining room with sliding patio doors to rear garden.
A modern fitted kitchen/breakfast room also with access to rear garden and raised patio area offering alfresco dining.
A short flight of stairs takes you to the the three double bedrooms (master is with en-suite facilities and walk-in dressing area) This level is completed with the modern fitted family bathroom with separate shower facilities.
An attractive property boasting a well tendered open plan frontage and well thought out fully enclosed rear garden with several seating areas to follow the sun around.
From the rear garden you can access the garage and navigate the whole plot.
Council Tax Band: D (West Devon Borough Council) Tenure: Freehold Property Location Fern Meadow is a no through road development constructed in circa late 80's / early 90's conveniently situated within close proximity to the full range of the town's amenities, train station and Dartmoor National Park.
Entrance Hall (2.38m x 1.37m) Dining Room (2.74m x 2.74m) Sitting Room (5.18m x 3.35m) Kitchen/Breakfast Room (5.11m x 2.39m) Storage Cupboard First Floor Landing Bedroom 1 (2.97m x 3.58m) En-Suite Shower Room (2.00m x 1.69m) Bedroom 2 (3.57m x 3.23m) Bedroom 3 (3.56m x 2.97m) Bathroom (1.90m x 2.50m) Airing Cupboard Garage (5.90m x 3.11m) Outside A well tendered open plan frontage is complete with ample driveway parking to garage and pathway to a gated entrance leading to the fully enclosed wraparound gardens via a short flight of steps down to entrance door.
The whole is well stocked and established. Theses private areas provide several seating areas for relaxing, sun chasing and entertaining. There is access to the garage form the garden.
Agents Note Please note there are a short flight of stairs between the two levels.
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
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FAQ
About 60 Fern Meadow, Okehampton
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