4-bedroom bungalow · EX14 2GY
Listing removedReduced £30k (−5.7%) on 21 JunListed 144 days
Opportunity summary
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About
An exceptional and substantially improved detached bungalow, beautifully extended to create a stylish and versatile four-bedroom home in one of Honiton’s most sought-after residential settings, just a short walk from the town centre.
Thoughtfully enhanced by a highly regarded Honiton firm, this fabulous home offers space, generous and adaptable single-storey accommodation, ideal for modern family life, visiting guests, or multi-generational living.
The light-filled accommodation flows beautifully and includes three double bedrooms, two with en-suite shower rooms, together with a fourth single bedroom and a well-appointed family bathroom.
At the heart of the home is an impressive open-plan kitchen, dining and living designed for both everyday comfort and relaxed entertaining, with a selection of integrated appliances.
Leading off the kitchen is a particularly spacious utility room, created from part of the former garage, offering excellent practicality and further access to the remaining garage area, which now provides very useful storage.
Further benefits include gas-fired central heating, radiators throughout, and double-glazed windows and external doors.
Enjoying a peaceful cul-de-sac position on the favoured upper side of town, Monmouth Way combines a sense of privacy with excellent convenience.
Honiton’s characterful High Street offers an appealing range of independent shops, cafés, restaurants, pubs, schools, leisure facilities, and everyday amenities, while the town’s mainline station provides direct services to London Waterloo.
The nearby A30 gives swift access to Exeter, the M5 and the A303, and Exeter Airport is also within easy reach, making this an excellent base for both local living and wider travel.
To the front, a driveway provides access to the entrance and garage, complemented by an area of lawn.
The rear garden has been arranged for ease of enjoyment, with a paved patio ideal for al fresco dining, a lawn beyond, a substantial timber shed, side access, and an external power point.
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 18, Monmouth Way, Devon
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