3-bedroom bungalow · EX4 1LX
Listing removedListed 359 days
Opportunity summary
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About
A spacious link-detached bungalow located in the popular area of St Thomas.
The property is well-presented, and enjoys far-reaching views from the gardens, as well as ample off-road parking, a garage and workshop.
The internal accommodation briefly comprises a large entrance hallway, a living room, kitchen, garden room, and three bedrooms (one is currently used as an extra sitting room).
There is also a modern shower room and a separate cloakroom.
The excellent location benefits from a range of nearby amenities including primary and secondary schools, GP surgeries, Sylvan Heights Play Area and a variety of shops and cafes along St Thomas' high street.
St Thomas also includes a train station and bus routes in and out of the city.
Accommodation The front door opens into the welcoming entrance hallway which provides access into each of the main downstairs rooms, as well as to the loft space and to two useful built-in storage cupboards.
The living room is situated to the front of the property and enjoys a dual aspect, with window to both the front and side aspects allowing ample natural light to the space.
Additionally, there is a feature fireplace.
The stylish kitchen contains a range of matching wall and base units with Quartz worktops, a matching upstand and a 1.5 bowl stainless steel sink with a mixer tap over and drainer grooves to the side.
Integrated appliances include a double eye-level oven with a separate induction hob, a dishwasher, fridge, freezer and a washing machine. There are also windows to both the side and rear aspects.
A door opens into the sizeable garden room which is complemented by windows to three aspects overlooking the garden, with lovely far-reaching views to the side.
French doors open directly out to the garden and two fitted cupboards provide ample storage space.
The property offers three double bedrooms, one of which is currently being used as a further reception room. The remaining two both benefit from fitted cupboards.
Lastly, the shower room comprises a wash basin with a mixer tap over and vanity drawers below, a shower cubicle with a rainfall shower head over and additional shower head, plus a frosted window to the side aspect.
There is also a separate cloakroom which incorporates a hidden cistern WC and a frosted window to the side aspect.
Gardens, Garage, Workshop & Parking Doors open out to the impressive enclosed rear garden which has the advantage of far-reaching views to the side, providing a pleasant space for outdoor seating and dining.
The garden is mainly terraced with an attractive lawned section to the side incorporating various mature plants and shrubs to the border.
An archway leads to the end section which is partially terraced with gravelled areas, and offers a greenhouse and storage sheds.
A door leads from the garden to the workshop which is serviced by power and lighting, with an archway into the garage.
The garage includes a light with an up-and-over door to the driveway which allows off-road parking for multiple vehicles. Property Information Tenure: Freehold. Council tax band: E.
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
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FAQ
About Somerset Avenue, Exeter
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