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See how verdicts work2-bedroom house · EX16 8HP
Listing removedListed 308 days
Opportunity summary
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About
This character cottage is situated in the popular village of Cadeleigh with its community owned public house, church and village hall with good links to Tiverton, Crediton and Exeter.
The accommodation includes a living room with woodburner, kitchen, two bedrooms and bathroom with enclosed rear garden and parking.
Location Cadeleigh is a small, vibrant village with a popular pub, village hall and church between Tiverton and Crediton which is a Mid Devon market town situated 7.5 miles north-west of Exeter with the M5 motorway some 3 miles further on.
There is a regular bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
The town is most famous for its ancient parish church and for being the birthplace of St Boniface in 680 ad. The town has a selection of shops with a Morrison’s, Lidl and Tesco superstore.
Description The accommodation includes the front door which leads from the church path to the entrance hall with stairs to the first floor and a door to the good size yet cosy living room with windows to the front and rear, a door to the useful understairs cupboard with the central focus of the room being the woodburning stove.
The modern kitchen boasts base and wall units incorporating the sink unit and space for a breakfast table.
A door leads to the rear courtyard garden with a further door giving access to the bathroom with walk-in shower.
The first floor consists of two bedrooms with the main bedroom enjoying views to the front. Outside the well planned rear courtyard garden offers a degree of privacy with steps to the parking area.
Directions And Material Information What3Words: ///streetcar.month.repeated Material Information: Mains electricity, water and drainage. Oil fired central heating and hot water.
Woodburner in the sitting room. Mid Devon District Council - Band B Freehold Parking: There is a parking space accessed from the rear of the cottage.
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 School House,, Cadeleigh, Devon
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