3-bedroom semi-detached house · EX9 7AJ
To rentListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2447257.
The White Cottage, is in the centre of a private country estate, Lee Ford, on the edge of Budleigh Salterton about a mile from the famous seafront and pebble beach where Sir John Millais painted one of his most famous pictures, The Boyhood of Raleigh , now in the Tate Gallery in London.
Unlike Exmouth and Sidmouth on either side, Budleigh Salterton has changed little in the past half century while Exmouth, 4 miles away, has grown into a major commuter town for Exeter.
It has good shops and pubs, a primary school and its own Health Centre.
The nearest food supermarkets are Tesco and Lidl, 2 miles away on the road to Exmouth, a Marks & Spencer in Exmouth town centre and a Waitrose, about 8 miles on the road to Sidford.
Exeter is 12 miles away. The local East Devon Golf Club is listed in the top one hundred golf clubs in the country, . The entrance to the Lee Ford estate is in the village of Knowle.
Lee Ford extends to 45 acres of parkland, fields and a renowned garden and woodlands. There is direct access to the cycle and pedestrian path which links Lee Ford to Exmouth and on to a wider network.
The Property The two storey White Cottage is built of cob under a slate roof and is around 300 years old. The walls are at more than 0.6m, 2ft, thick.
Attached to it is a smaller cottage of similar age. Behind the cottage is a patio and lawn area with views over fields. Outside the front is ample space for safe parking and a large lawn.
The location is rural, private and quiet, but still close to town and 200m from the nearest bus stop.
The property comprises: Ground Floor Spacious living room with open fireplace, 5.4m x 4.9m Study/Dining room, 3.0m x 2.3m Fitted kitchen with Zanussi Pyrolytic multi-function electric oven, induction hob and dishwasher Utility room with Bosch fridge-freezer and washing machine Shower room with basin and WC First floor Double Bedroom 1, with 2 fitted wardrobes, 4.85m x 3.5m Double Bedroom 2, with 2 fitted wardrobes, 4.25m x 3.9m Double Bedroom 3, with fitted wardrobe, 3.7m x 3.2m, and ensuite bathroom Separate family bathroom with bath/shower, bidet, basin, WC & airing cupboard Gas central heating, all radiators with thermostatic valves.
Lease terms, in accordance with the Renters' Rights Act 2025 1 A periodic tenancy with rolling notice of termination of two calender months 2 Rent £2,200 per calendar month paid monthly in advance by standing order.
3 Deposit £2,538,5 weeks rent. The Deposit will be protected under the Housing Act 2004 with Tenancy Deposit Solutions Ltd. 4 Unfurnished but with kitchen equipment, carpets and curtains.
5 There are no letting or legal fees. 6 Usual financial references required. 7 Some pets may not be allowed Non-smokers preferred.
Tenant's Outgoings 1 Council Tax - Band E, charge for 2026/27 is £3,137.37, payable to East Devon District Council. 2 Private Estate treated water supply, charge £83.00 per quarter by the Estate.
No meter. 3 Current mains sewage £486.86 per annum charged by the Estate. 4 Fibre broadband with BT contract. 5 Mains gas, charged by utility provider, approx. £35 per month.
6 Electricity, charged by utility provider, approx. £85 per month. Landlord's Outgoings 1 Buildings and landlord's contents insurance premiums, covering the usual perils including storm and flood.
2 Annual boiler service, all safety certificate costs and any maintenance save for the cost of any repair due to the negligence or errors of the tenant.
3 Interior and exterior maintenance and decoration. Repairs to all landlord's equipment save for any damage caused by the tenant.
Summary & Exclusions: - Rent Amount: £2,200.00 per month (£507.69 per week) - Deposit / Bond: £2,538.46 - 3 Bedrooms - 2 Bathrooms - Property comes unfurnished - Available to move in from 23 November 2026 - Maximum number of tenants is 6 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: E If calling, please quote reference: 2447257 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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About The White Cottage, Lee Ford, Budleigh Salterton
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