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See how verdicts work6-bedroom detached house · EX33 1HS
For saleListed 14 days
Opportunity summary
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About
Home & Income Opportunity - A charming detached character cottage which can be arranged as a 4 bedroom, 2 reception room single residence or as 3 bedroom home with self contained annexe/letting unit, together with a detached 2 bedroom holiday cottage.
All set in wooded hillside gardens overlooking a delightful valley, adjacent to the Tarka Trail & close to Braunton & Woolacombe. EPC Rated F & E.
Council Tax Band E & Business Rated (The Studio).
Freehold Situation & Amenities The property is set within its own grounds and enjoys delightful views into the valley below, just above the Tarka Trail and close to the village of Knowle.
Knowle is situated 1.5 miles North of Braunton, and has a garage with small convenience store, and has a regular bus service giving access to Braunton, Barnstaple and in the other direction to Ilfracombe.
Braunton offers a good range of amenities, including local shops, supermarkets, library, medical centre, primary and secondary schooling, a good range of public houses and restaurants.
Braunton is also the gateway to the glorious sandy beaches at Saunton Sands, Croyde, Putsborough and Woolacombe, and for golfers, there is the Saunton Golf Course which offers a Championship course.
There are numerous opportunities for walking and cycling in the area and the South West Coast Footpath provides easy access to famous landmarks such as Baggy Point and Morte Point.
A little further afield the historic town of Barnstaple offers the area’s main business, commercial, leisure and shopping centre, as well as Pannier Market, live theatre, cinema and District Hospital.
The beauty of Exmoor National Park can be reached in less than half an hour. The area is well served by excellent state and private schools, including the reputable West Buckland School.
From Barnstaple there is access to the North Devon Link Road (A361) which leads to Jct.27 of the M5.
Description Situated just above the Tarka Trail and accessed off a no through country lane, this charming and detached period cottage offers four bedrooms and two bathrooms as well as a separate, two bedroom holiday cottage.
The main house - Crawford Cottage - has also been divided to provide a one bedoom apartment, suitable for Airbnb which together with the two bedroom holiday cottage, The Studio, brings in circa £30,000 per annum.
The elevated setting provides glorious countryside views with private grounds to the rear and terracing to the front and rear. The private driveway also provides parking for each dwelling.
The Studio The two bedroom 'Studio' sits to one side of Crawford Cottage, with parking for both dwellings set out in between.
Double doors open into a spacious and open plan living space with a vaulted ceiling and kitchen area to the rear.
A separate bathroom is also situated to the rear, with bedroom 1 is downstairs and bedroom 2 upstairs on the mezzanine level. There is a garden area to the front offering space to sit out and relax.
Crawford Cottage Crawford Cottage has been owned by the same family for the last 34 years or so and they have loved every minute of it.
Both entities sit on the same title but we are advised they can be split (subject to the necessary consent) should someone so wish.
Crawford Cottage has residential status whilst The Studio next door is holiday restricted allowing year long use but with a 28-day occupancy sub clause.
Internally the cottage offers an open plan living/dining room with a beamed ceiling, wood burner and stairs to the first floor.
A galley kitchen sits to the right hand side with a separate utility area to the rear and external stairs up to the annexe.
Upstairs, there are three bedrooms to the front, one bedroom to the rear and two bathrooms. The rear bedroom (bedroom 4) also has access to a living room/kitchenette with doors opening onto a terrace.
This is the portion currently used as 1 bedroom annexe, which is successfully let out via Airbnb.
Outside Both cottages sit on an elevated plot with countryside views and access onto The Tarka Trail below. There are terraces to the front and side with sloping lawned gardens to the rear.
The gardens are well stocked with areas set aside for growing fruit and vegetables whilst several connecting ponds line the drivway as you approach.
There is a separate area woodland - also owned by the vendor - and available via separate negotiation. Services Private drainage. Private water supply. Mains electricity.
Solid fuel Rayburn (requiring updating). Directions From Barnstaple continue on the A361 Braunton Road, continuing through the village of Braunton and following the signs for Ilfracombe.
Continue through the village of Knowle for approximately half a mile, then bear left signposted Nethercott.
Continue over the small stone bridge and turn right along the bridleway at the Stags board and vendors signage.
The property is the second property along the track (1/3 of a mile) with another agent board and vendor signage visible.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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