3-bedroom house · EX17 6QB
Listing removedReduced £15k (−6.7%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well proportioned 3 bedroom semi detached has been refurbished and renovated throughout in recent years creating a fabulous family home.
A spacious entrance hall has stairs leading to the first floor, a cloak room has been created under the stairs and is a superb addition.
The living room is light and bright with a wide front aspect window, a wide opening leads to the dining room.
The dining room has French doors leading to a decking area and there is an opening to the kitchen with a breakfast bar for sociable living.
The kitchen has been fitted to a high standard in a contemporary design with high spec built in appliances including: Neff washing machine, oven and induction hob, a Bosch dishwasher and Samsung fridge freezer.
A window overlooks the garden with extensive views over the village church to the surrounding countryside.
To the first floor the landing gives access to all first floor rooms, useful airing cupboard and window to side. Bedroom is rear aspect with fantastic views.
Bedroom 2 is also a double with window to front, bedroom 3 is a spacious single.
The bathroom has been fitted in a contemporary style with a large walk in shower cubicle, square basin and low level W.C.
The fittings are all high quality black matt and the tiles are in a striking design with black detail grout. Outside there is a useful utility & store room.
The front garden is tiered and gravelled, a gate leads to a side garden. There is a raised deck area accessed from the dining area perfect for al fresco dining while enjoying the view.
The remainder of the garden is fully enclosed and laid to lawn. Lapford is a popular village situated on a hillside over looking the river Yeo.
It boasts a vibrant community and benefits from rail & bus lines to Exeter & Barnstaple, a primary school, pub and a petrol station & shop.
It also falls in the catchment for Chulmleigh College.
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Please inform us if you become aware of any information being inaccurate.
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The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
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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
Agent & docs
FAQ
About 29, Prospect Way, Lapford, Crediton
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