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See how verdicts work3-bedroom bungalow · EX15 2SF
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, detached bungalow is nicely tucked away in the popular Orchard Development of Old Willand and offers the opportunity for the new owner to update the accommodation in their own taste.
Great location, with convenient local amenities, bus services nearby and quick access to the motorway and Tiverton Parkway Station.
Willand This fine bungalow has been the well-loved home of our client's mother for over 25 years and offers spacious, well-appointed accommodation with a good balance of living space and three bedrooms.
The accommodation is clean and tidy and suitable to occupy but many may wish to refurbish it throughout to set it up for the next 25, and with the space in the bungalow, it could be modernised a room at a time whilst in residence, if preferred.
Notable features of the property include the large kitchen/dining room, with the kitchen fitted in a timeless oak style with plenty of cupboard and drawer storage, work surface and a fitted double oven and gas hob, with extractor hood over.
The sitting room is large with an ornate, feature fireplace, with inlaid tiles and housing a gas fire, and a sliding door to the conservatory.
From the hallway, there is a useful cloakroom and a bathroom with a 'retro', ochre coloured suite!
The principal bedroom is particularly spacious with a double wardrobe and large window overlooking the garden, as well as an adjoining small room, which could be readily made into an en suite shower room, nursery or home office if required.
Outside, on approach to the bungalow, there is ample parking leading to the double garage, which is an open span inside.
A gate leads to the rear garden, which is a good size and extends around two sides of the bungalow with lawn, a pergola frame, established shrubs, hedge and trees and a dovecote.
The bungalow has the great advantage of an array of photo voltaic (solar electricity) panels on the rear elevations of both the garage and bungalow itself.
These not only provide electricity for immediate use but also enjoy the benefit of a strong feed in tariff to the national grid, a useful average annual income of approximately £2,000 to £2,500, which we understand is index linked.
Apple Drive lies a short walk from the post office/shop, bus stop and church in the Old Village of Willand.
There are other popular local amenities including a primary school, Co-op and One-Stop mini markets, a service station, pub and village hall.
The village now lies in the catchment area for the popular Uffculme School, offering secondary education and Ofsted rated 'Good' and 'Outstanding' in all areas and short walk away, there is 'The Gables Nursery', Ofsted rated 'Outstanding' in all areas.
Regular bus services run through the village serving the local area and the market towns of Tiverton and Cullompton are a short drive away.
Taunton and Exeter are convenient, via Junctions 27 and 28 of the M5, as well as Tiverton, with the popular Blundell's School and Petroc College of Further and Higher education.
Tiverton Parkway Station with regular services to London Paddington (around 2 hours), is less than ten minutes' away.
The popular Tiverton Golf Course and the Westcountry Golf Academy (wga) 9- hole Golf Course & Driving Range lie within easy reach for the keen golfer, and Exeter Chiefs, at Sandy Park, and Somerset Cricket Club in Taunton, are also very convenient!
Junction 28 M5/Cullompton c. 3 miles Exeter c. 17 miles Junction 27 M5/Tiverton Parkway c.3 miles Exeter Airport c. 16 miles Taunton c.
22 miles Services: Mains electricity, water (metered), drainage and gas. Council Tax: Band D Local Authority: Mid Devon District Council Tenure: Freehold Estate maintenance charge: Not applicable.
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.
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About Apple Drive, Cullompton
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