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See how verdicts work3-bedroom bungalow · EX15 2BA
Listing removedListed 402 days
Opportunity summary
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About
*Watch the Video Tour* A spacious, detached bungalow situated on an exclusive small development on the edge of the village, overlooking farmland.
Good village amenities and quick access to Exeter, Honiton, the motorway network and Tiverton Parkway Station (London Paddington in 2 hours).
Longdescription This superb bungalow was built in the early 1990's by renowned local builder, Brian Middleton, as one of five properties on the favoured Bishops Rise development, within easy reach of the village centre.
The bungalow is of traditional construction and offers spacious, well appointed accommodation, which is in good order and benefits from uPVC double glazing, oil fired central heating and an array of photo voltaic (solar) panels on the rear roof, providing plenty of electricity.
On entering the property, the generous reception hall lies in the centre of the accommodation, with two large storage cupboards, and nicely divides the bedrooms on the right and the living rooms to the left.
The reception rooms comprise a large sitting room, with a feature brick fireplace and hearth with a gas fired 'wood burner', perfect for cosy winter evenings.
A sliding patio door leads out to the garden and double, glazed doors to the adjoining dining room, with a window overlooking the garden and fields beyond, with a sunny, southerly aspect.
The kitchen/breakfast room is used for everyday dining, with space for a small dining table and chairs.
The kitchen is fitted in white, with an integral ceramic hob, extractor hood and double oven, with further space for a dishwasher and fridge/freezer.
Beyond, the utility room is fitted in a similar style with space and plumbing for a washing machine and tumble dryer.
Overlooking the pretty garden, and making the most of the sunny southerly aspect, there is a double glazed sun/garden room, which is suitable for all year round use and to one side, gives useful, covered access to the double garage.
The bedrooms are at the front of the bungalow with two large double rooms, both with a range of fitted wardrobes and the principal bedroom with an en suite shower room.
The third, single bedroom is currently used as a study, also with cupboard storage. The main bathroom is attractively tiled and fitted with a white suite with a shower over the bath.
The bungalow is situated within a large plot with mature gardens, brick paved parking to the fore and a large double garage, with space for additional storage or a workshop if required.
A brick paved path leads to the left of the bungalow to the rear garden which enjoys a fine southerly aspect and is a sun trap throughout the day.
Paved patio gives way to a raised terrace of garden with intervening gravel and paved areas and an array of flowering shrubs and plants.
The raised terrace has a pergola frame with seating beneath and a beautiful wisteria over. Beyond the garden there is sloping farmland - the village sledging field when it snows!
Services: Mains water (metered), electricity and drainage. Private oil tank. Private propane gas bottle for the gas fired 'wood burner' in the sitting room.
Tenure: Freehold Council Tax: D Local Authority: Mid Devon District Council Kentisbeare has a full range of local amenities, all within a short walk of Bishops Rise.
These include a popular primary school, which is a feeder school for the Ofsted rated, 'Outstanding', Uffculme School, a local shop, pub, 'The Wyndham Arms', church and village hall.
The M5 motorway and Exeter, Honiton and Taunton all lie within easy reach, ideal for commuting.
Rail links to London, Bristol and beyond are close by with London Paddington only 2 hours from Tiverton Parkway Station. Cullompton/Junction 28 M5 c. 3 miles Exeter c.17 miles Honiton c.
8 miles Taunton c. 22 miles Tiverton c. 14 miles Tiverton Parkway Station c. 8 miles Exeter Airport c.16 miles Please see the floor plan for the dimensions.
The internal photos have been taken with a wide-angle lens to show more of the rooms.
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.
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FAQ
About 2, Bishops Rise, Cullompton
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