1-bedroom flat · EX20 1LJ
Sold STCReduced £10k (−7.1%) on 21 JunListed 273 days
Opportunity summary
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About
A rare opportunity to acquire a beautifully refurbished one bedroom apartment at Number 15, Jacobs Pool in Okehampton, Devon.
This ground floor residence has been completely modernised throughout and offers a turn key home ready for immediate occupation with quality finishes and contemporary comforts that appeal to first time buyers, downsizers and investors alike.
Internally the accommodation is arranged with a well proportioned living room that benefits from a bright, airy feel and generous natural light, creating a welcoming space for relaxing and everyday living.
The adjacent modern kitchen has been thoughtfully redesigned with contemporary units, integrated appliances and durable work surfaces, providing effortless functionality for daily cooking and entertaining.
The property has been fully upgraded to a high standard, with a newly fitted shower room, updated flooring and fresh décor throughout.
Mains gas central heating system ensure improved energy efficiency and comfort year round. This meticulous renovation delivers a home that is as stylish as it is low maintenance.
A good sized double bedroom provides a restful space, with space for wardrobes and personal furnishings to suit your lifestyle.
The layout is simple and allows you to maximise every square foot of this compact but cleverly configured apartment, making it feel generous and inviting despite its modest footprint.
Jacobs Pool itself sits within a well maintained residential development a short level walk from the heart of Okehampton town centre.
Local amenities including shops, cafés, supermarkets and transport links are readily accessible on foot.
The town’s location on the northern edge of Dartmoor National Park provides exceptional access to countryside walking, cycling and outdoor recreation, balancing rural charm with everyday convenience.
In summary, Number 15 is an attractive, modernised apartment offering comfortable, low upkeep living in a popular location close to local facilities and the natural beauty of Devon’s landscape.
With no onward chain, the sale process is straightforward and offers the prospect of swift completion.
Nestled on the northern edge of Dartmoor, Okehampton is a charming Devon market town that blends rural beauty with modern convenience.
Often called the “Gateway to Dartmoor, ” it is surrounded by rugged moorland and rolling countryside, making it a haven for nature lovers and outdoor enthusiasts.
The town offers a vibrant community atmosphere and a wide range of amenities.
Alongside independent shops, cosy cafés, and a historic market, Okehampton also has several supermarkets including a Waitrose.
The recently reopened Okehampton railway station offers direct train services to Exeter, connecting residents and visitors to the wider region with ease.
Okehampton also has excellent local schools, a community hospital, and a strong sense of local pride.
With easy access to Exeter and the A30, the town blends the tranquility of rural life with the convenience of city connections.
For those seeking a balance between countryside charm and modern amenities, Okehampton offers an ideal lifestyle with the wild beauty of Dartmoor right on its doorstep.
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.
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FAQ
About 15, Jacobs Pool, Devon
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