3-bedroom detached house · EX11 1GU
Listing removedListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer one of these popular 3-bedroom detached chalet-style properties located in a cul-de-sac position in the much favoured town of Ottery St Mary.
The accommodation comprises: Entrance hallway, kitchen/breakfast room, fitted with a range of wall and base units, worktop surfaces, built-in oven and hob with extractor hood over, integrated dishwasher and french doors into the rear garden.
Off the kitchen is a utility room, with wall and base units, worktop surfaces, a door into the rear garden and personal door into the garage.
There is a lounge with an ornamental fireplace and French doors into the conservatory offering a lovely aspect over the rear garden. There is a study/dining room, bedroom 3 and a shower room.
On the first floor there are 2 bedrooms, both have built-in mirrored door wardrobes and en-suite shower rooms. The property has gas central heating and double-glazed windows. No chain.
Viewing is recommended.
The outside To the front of the property is a double-wide driveway offering parking and leads to the garage (5.01m x 2.94m) electric door, light power and personal door into the utility room.
The front garden is gravelled with shrubs, a pathway leading to the property and side pedestrian access leading to the rear garden, which has a paved patio with an open covered area, lawned gardens, 3 sheds, a greenhouse, and a well-stocked garden with shrubs.
Directions From the town centre, proceed along Mill Street, go over the bridge past the industrial estate and turn right by the hospital onto Thorne Farm Way, take the third right, go past Godfrey Close, follow the road around and take the second cul-de-sac on your left and the property will be on your left.
Location Ottery St Mary, home of the world-famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, bookshop, florist, chemist, supermarket, library etc.
There is an excellent range of schools, including The Kings School and a first-class medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
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 26 Thorne Farm Way, Ottery St Mary
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