2-bedroom terraced house · EX15 1DF
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient central position close to Cullompton town centre, this charming two-bedroom mid-terraced cottage is well presented throughout and offers light, comfortable accommodation ideally suited to a first-time buyer or buy-to-let investor.
The ground floor features a spacious sitting/dining room, providing ample space for both relaxing and entertaining.
To the rear of the property is a modern fitted kitchen, installed in 2024, offering good storage and worktop space.
On the first floor are two well-proportioned bedrooms together with a generous modern bathroom fitted with a white suite.
Outside, the property benefits from a sunny courtyard garden to the rear, providing a pleasant space for outdoor seating and low-maintenance enjoyment.
Further benefits include gas central heating with a new boiler installed in February 2024, along with uPVC double glazing throughout.
Property Information - TENURE: Freehold | COUNCIL TAX: Band A - Mid Devon District Council – £1,721.11 (Council Tax charge for 2025/2026) - Single occupants receive a 25% discount | UTILITIES: Electric, gas, water and drainage - all mains connected | PARKING - On-street restricted parking | SCHOOL CATCHMENT: Primary - St Andrew's Primary School.
Secondary - Cullompton Community College (Devon County Council) | What3Words ///rags.flamenco.trickling.
The property enjoys an excellent location just a short walk from Cullompton town centre, local shops, schools and bus routes, with convenient access to the M5 motorway and rail connections at nearby Tiverton Parkway.
Cullompton offers swift access to Exeter via Junction 28 of the M5 motorway or the B3181 main road, along with regular bus services and rail links at Tiverton Parkway and Honiton stations.
The Falcon coach service also provides economical travel between Plymouth and Bristol, with stops including Bristol Airport.
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 Cockpit Hill, Cullompton, Devon, EX15 1DF
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