2-bedroom terraced house · EX20 1AR
Listing removedReduced £15k (−9.4%) on 21 JunListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A must view, terraced property that is very well presented.
Located within the heart of the town centre where the town's amenities, schools, park & train station are within walking distance.
Recently updated by the current vendor, the property has undergone a general refurbishment to include a tasteful modern fitted kitchen & stylish bathroom.
Complete with two double bedrooms and double glazing. This conveniently located property requires viewing to be fully appreciated.
Council Tax Band: A (West Devon Borough Council) Tenure: Freehold Property Location North Street, operates a one way system and is a minor road situated centrally within the town of Okehampton.
It is a connecting road to East Street and North Road. Consisting of terraced period cottages on both sides of the road.
Entrance Hall (5.19m x 1.36m) Kitchen/Breakfast Room (4.73m x 2.44m) Modern fitted kitchen with integrated dishwasher. Space for breakfast table.
Sitting Room (3.50m x 3.65m) Rear Porch Providing rear access to the private lane behind the cottage. The property owner will have a right of way over this lane that serves neighbouring property.
First Floor Landing Bedroom 1 (3.37m x 3.49m) Bathroom (1.92m x 2.44m) Modern suite with space and plumbing for washing machine. Bedroom 2 (2.96m x 3.96m)
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
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FAQ
About 46 North Street, Okehampton
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