3-bedroom house · EX21 5TW
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for auction, this three-bedroom mid-terraced property in Halwill Junction presents an exciting opportunity for investors, developers, or buyers seeking a full renovation project.
Requiring complete modernisation throughout, the property offers significant scope to improve, reconfigure and add value, subject to any necessary consents.
The accommodation provides well-proportioned living space with excellent potential to create a comfortable family home or investment property once refurbished.
Externally, the property benefits from off-road parking to the front together with an enclosed rear garden, offering useful outdoor space with further potential for landscaping and enhancement.
Situated within the popular village of Halwill Junction, the property enjoys a rural setting whilst remaining well placed for access to surrounding towns and local amenities.
The location offers a balance of countryside living and everyday convenience, making it appealing to a range of prospective purchasers.
Properties offering this level of potential are increasingly difficult to find, and this is an excellent chance to acquire a home with genuine scope for transformation.
Early interest is recommended and buyers should review auction terms and conditions prior to bidding.
Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Situated within a charming rural location, Halwill Junction offers a range of traditional amenities including a primary school, local pub, newsagents, general stores, post office, and a popular fish and chip shop.
The village also features a thriving community hall, providing a hub for various social events and activities.
With its friendly atmosphere, Halwill Junction hosts regular community events, fostering a strong local spirit.
For a wider variety of services, the bustling market town of Holsworthy is just a short drive away, offering supermarkets, independent shops, and cafes.
Halwill Junction is also within easy reach of Okehampton, where additional shopping, schooling, and transport links are available, including access to the A30 dual carriageway, connecting you to the Cathedral City of Exeter with its rail and international air links.
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
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FAQ
About 2 Henderbarrow Cottages,, Halwill, Devon
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