2-bedroom house · EX14 1RX
Listing removedListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A much loved two-bedroom end of terrace home now in need of modernisation . A much-loved home for many years, the property has clearly been well looked after but is now in need of modernisation.
(This property can easily be made into a three bed by putting a stud wall in on the corner off bedroom 1 and then putting a door in.) This offers any potential buyer the chance to make the property their own.
The accommodation includes on the ground floor an entrance hallway with WC off, stairs to first floor and doors to an open plan lounge/diner and a kitchen with conservatory off it.
On the first floor there are two large double bedrooms and a bathroom. The property also includes double glazed windows and night storage heating.
The property enjoys a convenient position within easy reach of the nearby Honiton Primary School and the High Street with facilities in the historic town, which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre.
Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/ London trunk route.
An international airport is available at Exeter. The property has a small pathway to the front and a gated side access.
To the rear is a private garden with patio, lawn, mature borders and a timber shed. There is also a single garage en-bloc with up and over door, light and power.
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
FAQ
About 19, Ernsborough Gardens, Devon
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