2-bedroom semi-detached house · EX15 1ZE
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the edge of Cullompton, this beautifully presented two-bedroom ‘Ashenford’ home, built by Taylor Wimpey in 2023, offers a ready-to-move-into, key-turn property ideal for first-time buyers or couples.
The ground floor accommodation comprises an entrance hall with a handy storage cupboard and a spacious cloakroom.
To the rear, the light and airy open-plan kitchen/living/dining area is fitted with modern units, work surfaces, and integrated Zanussi appliances, including a fridge/freezer, dishwasher, and oven.
French doors open onto the low-maintenance, south-facing rear garden, providing a perfect space for relaxing or entertaining.
On the first floor, the principal bedroom spans the full width of the property, providing a generous double with built-in wardrobes, while the second double bedroom with storage and a contemporary family bathroom with shower over the bath complete the accommodation.
Outside, the property benefits from a private rear garden with artificial lawn and a large patio, offering an ideal space for outdoor seating.
Georgina Loves: - "This home offers low-maintenance, modern living in a convenient location, with everything you need nearby and easy access to the M5 and local amenities." Property Information - TENURE: Freehold | CONSTRUCTION: Standard Construction | COUNCIL TAX: Band B - Mid Devon District Council – £2,007.97 (Council Tax charge for 2025/2026) Single occupants receive a 25% discount | UTILITIES: Gas, Electric, Water and Drainage - all mains connected | PARKING - Two off-street parking spaces | ESTATE MANAGEMENT FEE: The Vendor has advised that the estate management fee is £312.35/per annum | SCHOOL CATCHMENT - Primary - Willowbank Primary School.
Secondary - Cullompton Community College (Devon County Council) | What3Words ///looked.poppy.spectacle.
Elizabeth Road is conveniently located for Cullompton’s local amenities, schools and transport links, with easy access to Junction 28 of the M5 motorway and regular bus services connecting to Exeter and the surrounding areas.
Cullompton offers swift access to Exeter via Junction 28 of the M5 motorway or the B3181 main road, as well as rail links at nearby Tiverton Parkway and Honiton stations.
The Falcon coach service also provides economical travel between Plymouth and Bristol, with stops including Bristol Airport.
Cullompton is a charming market town in Mid Devon, known for its history, surrounding countryside and strong sense of community.
Situated near the M5 motorway, it offers convenient access to Exeter, Taunton and beyond, making it an ideal location for commuters.
The town features a Tesco supermarket, Aldi and Home Bargains, alongside many independent eateries, shops and hairdressers.
Local amenities include two primary schools, a secondary school, library, sports centre and doctors’ surgeries.
Surrounded by beautiful countryside, it is perfect for outdoor enthusiasts, with the Blackdown Hills and Exe Valley nearby.
Cullompton combines rural life with modern conveniences, making it a desirable place to live.
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 Elizabeth Road, Cullompton, Devon, EX15 1ZE
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