3-bedroom bungalow · EX8 5LD
Listing removedListed 59 days
Opportunity summary
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About
Description Guide price £550,000-£575,000 Grange Close is tucked away at the end of a very quiet cul-de-sac, whilst located in the Exe Estuary village of Lympstone.
The bungalow is a gentle walk from the village centre, train station, sailing club and Exe estuary, with plenty of local amenities and a wonderful sense of community.
The entire bungalow boasts a wonderful amount of natural light throughout.
On entering through a lovely front conservatory space, you are welcomed into the entrance hall which provides access into all rooms.
To the front, you will find a double bedroom with modern fitted en-suite shower room, along with a further double bedroom down the hallway, as well a single room overlooking the rear garden.
A focal point of this home is the stunning living/dining room with dual aspect windows with views of both the front and rear garden.
Also located to the rear is a stylish, modern fitted kitchen with some integrated appliances, peninsula unit with wide pan drawers, breakfast bar with stools and rear door leading to garage and steps leading down into the garden via rear porch.
The rear garden offers ample space, with patio/seating area, lawns and gravel section.
There is also a generous outbuilding currently being used as an art studio, as well as a fantastic variety of trees, shrubs and plants.
The front garden boasts a south westerly aspect to enjoy the evening sun from the conservatory. The bungalow also benefits from a private driveway and garage with power.
Subject to necessary planning consents, the bungalow offers scope to further extend.
Council Tax Band: D Tenure: Freehold Porch Double glazed sliding doors with tiled flooring leading to inner door to hallway Entrance Carpeted, radiator, access to all rooms Living Room/Diner Dual aspect front and rear double glazed windows, radiator, carpeted, Sirius Wood burning stove Kitchen Rear double glazed window and rear door via porch leading to garage and steps to garden.
Kitchen has range of modern wall and base units, integrated oven and hob, integrated fridge, inset sink with drainer, integrated dishwasher, peninsula unit with seating area, radiator, tile effect flooring Bedroom 1 Front double glazed window, radiator, door to en-suite En-Suite Low level WC, wash hand basin, shower cubicle with modern tile surround, heated towel rail Bedroom 2 Front double glazed window, radiator, hard flooring Bedroom 3 Rear double glazed window, carpeted, radiator Shower Room Side double glazed window, heated towel rail, large walk-in shower cubicle with tile surround, low level WC Rear Garden Pretty, enclosed rear garden with wonderful range of mature trees, shrubs and plants.
Garden has patio area, lawn section and gravel area as well as outbuilding currently used as an art studio.There is extra storage in the void underneath for garden equipment and side access to front garden Front Garden South westerly facing front garden with sloping driveway to garage with electric and plumbing
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 6 Grange Close, Exmouth
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