3-bedroom bungalow · EX14 3AA
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three Bedroom single storey barn conversion with fantastic views.
Situation - The property occupies a delightful rural position just outside the East Devon National Landscape, set between the sought after village of Gittisham and the popular market town of Honiton.
Gittisham offers a vibrant village hall, a historic parish church and the renowned Pig at Combe, while Honiton provides an excellent range of day to day amenities, schooling and transport links.
Description - Converted in the 1970’s and subsequently extended, the property is understood to be constructed of brick and block elevations beneath a concrete tiled roof.
This most individual three bedroom barn conversion is arranged over a single storey with a split level layout, which has been much loved home for 50 years.
Accommodation includes a kitchen breakfast room, a sitting room with fireplace, three bedrooms including one with en suite shower room, a utility or boot room and a family shower room.
Outside - The property is approached along a track running through woodland owned by the Combe Estate, leading to a parking and turning area.
The gardens are predominantly laid to lawn with paths to the front and rear. To the rear are far reaching views across adjoining open farmland. Services - Mains electricity.
Private water supply shared with a neighbour. Private drainage system, not tested. Wireless broadband currently in use with speeds of approximately 30Mbps. Starlink or mobile broadband recommended.
Mobile signal reported to be good outdoors on EE, Three, Vodafone and O2 (Ofcom).
Value & comps
No previous sales on record.
Returns
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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 Beech Walk, Gittisham, Honiton
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