2-bedroom terraced house · EX20 3QW
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to No. 25, a smartly presented two-bedroom home offering comfortable living, a practical layout, and a few unexpected features that set it apart.
Whether you're a first-time buyer looking for a home you can settle into straight away or an investor seeking a reliable opportunity in a popular area, this property is well worth your attention.
The home is located in a well-regarded residential area and offers a layout that is both functional and welcoming.
At the front of the property is a well-equipped kitchen with plenty of cupboard and worktop space, along with room for appliances.
Also on the ground floor is a convenient downstairs cloakroom, ideal for guests or everyday family life.
To the rear, the living room is bright and inviting, with patio doors that open directly into the enclosed rear garden.
This is a lovely spot for relaxing, dining outdoors or entertaining friends, with the garden offering a private and manageable outdoor space to enjoy throughout the year.
Upstairs, the home offers two bedrooms and a modern family bathroom. The main bedroom is a standout feature, offering good proportions and a clever design.
Behind the built-in wardrobes, a hidden dressing room provides excellent additional storage and a touch of something unexpected.
The second bedroom is a comfortable size and would work equally well as a nursery, guest room or home office depending on your needs.
The bathroom is clean and fresh, with a three-piece suite and tasteful finishes that make it a practical space for day-to-day living.
The rear and enclosed garden has been modified into two sections, initially with laid grass perfect for small children to play, while the rear has been upgraded to a raised decked area and pergola to enjoy the evening sun and entertain guests.
With double glazing, electric heating and a well-kept interior, this is a home that offers immediate comfort and plenty of potential.
It is well-suited to buyers looking for a straightforward purchase with no major work required and would also appeal to investors thanks to its strong rental potential and popular location.
Situated within the heart of Hatherleigh town, there is a traditional range of amenities including supermarket, Post Office, garage/supermarket, public houses, alongside independent cafes, arts and crafts shops, farm supplies and building supplies.
The town also benefits from a primary school, health centre, veterinary surgery together with a community centre and weekly market.
The town has a strong community spirit with an annual arts festival and renowned carnival.
A more comprehensive range of facilities can be found in the nearby town of Okehampton with its good range of shops and services and three supermarkets including a Waitrose.
Okehampton has schooling from infant to sixth form level and is situated adjacent to the A30 dual carriageway, providing a direct link to the cathedral and University City of Exeter with its M5 motorway, mainline rail and international air connections.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Pearse Close, Hatherleigh, Okehampton
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