7-bedroom house · EX5 2LN
For saleReduced £25k (−3.1%) on 21 JunListed 447 days
Opportunity summary
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About
An opportunity to purchase this 4-bedroom, Grade II listed, farm house with an attached 3-bedroom cottage located in a rural location on the outskirts of the village of Rockbeare.
The property is arranged as 2 dwellings and is on two separate titles.
The main house comprises: Open porch with seats to each side leading into the entrance hallway, with exposed timbers to walls and tiled floor, the lounge is a spacious room with inglenook fireplace and woodburner, beams to ceiling.
The kitchen/breakfast room has a range of wall and base units, oil-fired aga which also heats the hot water. There is a separate dining room with flagstone flooring and inglenook fireplace.
There is also a bathroom and shower/utility room. On the first floor there is a spacious landing area and 4 bedrooms.
The cottage comprises: Entrance hallway, kitchen/breakfast room, wall and base units, plumbing for dishwasher and washing machine, tiled floor, bathroom, dining room with laminate flooring and a living room with ornamental fireplace and beam to ceiling.
On the first floor there are 3 bedrooms with a dressing room off bedroom 1. Viewing is strongly recommended to appreciate the potential this flexible accommodation offers.
Outside There is a driveway to the side offering ample parking and which leads to the rear courtyard where there are 3 stables and 2 timber garages.
The gardens extend to the front and side with lawns and beds, well-stocked with plants and shrubs plus a patio area.
The cottage has its own fenced-off garden which has a timber-decked patio and lawned garden, well stocked with plants and shrubs.
Directions Proceed into the village of Rockbeare, turn right by the village hall into Silver Lane, follow the road to the very end, turn left and the property will be on your left.
Location Rockbeare is a pretty and typical East Devon village with a church, pub and excellent primary school. Exeter is about 5 miles away, easily reached along the old A30 which runs nearby.
The M5 motorway stands on the edge of the city.
Ottery St Mary is about 6 miles, with shops including Sainsbury's, the coast about 8 miles and the Waterloo/Exeter railway line runs through the nearby town of Cranbrook with a range of amenities.
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 Lower Southwood Farm, Rockbeare, Exeter
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