3-bedroom bungalow · EX8 5LQ
Listing removedListed 290 days
Opportunity summary
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About
A much improved detached bungalow in a small quiet cul-de-sac location in the sought after village of Lympstone.
* Spacious living room * Newly fitted kitchen/dining room * 3 Well proportioned bedrooms * Modern shower room/w.c * UPVC double glazing * New central heating system with radiators and air source heat pump * Installed Solar PV system on South facing roof with 3.57kW (Owned outright) * Installed EDDI Immersion relay so the Solar PV heats the DHW for free * Rewired and new upgraded fuse board * Easy to maintain gardens * Double garage and driveway parking * No chain * EPC = C * Council Tax = D Worth viewing because Located in the head of a small cul-de-sac in the desirable village of Lympstone is this much improved and energy efficiency detached bungalow.
The work has included the following: 1) Earlier EPC was a E42 but with the following changes this is now a C76. 2) Replaced rear dormer flat roof as this was a failed felt roof.
Now a fibre glass new roof with 100mm Celotex in the ceiling.
3) Removed existing storage heaters and installed a complete central heating system with radiators and a heat pump (ASHP with design SCOP of 3.72).
4) Installed EDDI Immersion relay so the Solar PV heats the DHW for free. 5) Installed Solar PV system on South facing roof with 3.57kW (Owned Outright). 6) Upgrade loft insulation to 270mm.
7) Replace partial flooring in the kitchen due to historic sink leak. This resulted in the kitchen being removed so a new kitchen has been installed and the room re-skimmed.
8) Upgraded the fuse board with RCBOs throughout. 9) Complete rewire. We found Indian Vulcanised Rubber throughout, so this has now had a full rewire.
Rewire garage supply and upgrade lighting to LED battens. 10) Repointed ridges. 11) Remove electric shower and fit new thermostatic mixer type. 12) New Carpets/Wooden flooring and Decorating.
13) Air to Air (Air Conditioning) fitted in the living room and bedroom 1 In more detail The accommodation is both spacious and versatile having a reception hall leading to all the principal rooms.
These include a spacious living room, newly fitted kitchen/dining room, utility/side porch, two well proportioned bedrooms and a modern shower room/w.c. On the first floor is a large attic bedroom.
Externally there are gardens to both the front and rear with a driveway down the side of the bungalow leading to a double garage. This property is being sold with no chain.
For more information and viewing arrangements contact the sole selling agent Hall & Scott, Exmouth office Tel: or email: The estuary village of Lympstone "The property is situated within the popular estuary village of Lympstone with local pubs/restaurants, convenience store, primary school, church, village hall and a train station to Exmouth and Exeter.
Down onto the estuary is the village harbour and sailing club for residents and a cycle path along the estuary.
The town of Exmouth offers a variety of shops, bars and restaurants, a cinema and a bowling alley located 3 miles away. The nearest junction with the M5 is approximately 6 miles away.
The historic city of Exeter with its famous Cathedral and extensive offer of shops and restaurants is located 9 miles away.
Exeter city airport is 8 miles." Directions What3words///wages.expires.customers Measurements Living Room: 4.85m x 4.25m (15'11''x 13'11'') Kitchen/dining room: 3.16m x 3.47m (10'4''x 11'5'') Bedroom 1: 3.65m max x 3.47m (12' x 11'5'') Bedroom 2: 3.65m x 2.00m (12' x 6'7'') Shower Room/w.c.: 2.58m max x 2.17m (8'6'' x 7'1'') Bedroom 3: 7.55m x 3.46m (24'9'' x 11'4'') Services : Mains water, electricity and drainage.
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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About Meadow Close, Lympstone
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