3-bedroom house · EX17 6NX
Listing removedListed 43 days
Opportunity summary
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About
A delightful attached Grade II Listed cottage in the heart of the village. EPC: E, 3 double bedrooms, front and rear garden.
Situation The property is situated in the centre of the popular village of Morchard Bishop, in the heart of the Mid Devon countryside.
The village itself offers a strong community with a good range of facilities including a general store and cafe (Countryside Alliance Award 2013), parish church, primary school, pub, garage, sports club with tennis court and doctor's surgery.
The towns of Tiverton (16 miles) and Crediton (8 miles) both offer a more comprehensive range of shopping and leisure facilities together with public and state schooling.
There are regular bus services to both Crediton and Exeter.
The university and cathedral city of Exeter (15 miles) provides a comprehensive range of facilities and amenities befitting a centre of its importance including excellent dining, shopping, theatre and recreational and sporting pursuits.
There is a railway station at Morchard Bishop on the Tarka line (Exeter to Barnstaple) and Exeter has two mainline railway stations on the London Paddington and Waterloo lines and an international airport.
Description Thurlby Cottage is a charming, attached, Grade II Listed cottage which Listed Buildings notes state dates from the 18th Century.
Of rendered cob and stone elevations beneath a primarily thatched roof (re-thatched Spring 2014), the property enjoys a wealth of character features including feature fireplace, beamed ceilings and wooden brace and ledge doors.
For a cottage of its age and nature, the rooms are spacious and of a good layout.
Accommodation A thatched front porch with stable door leads to the sitting room with exposed beams and feature fireplace with inset wood burner and bread oven plus a built-in cupboard.
From here, the hallway leads to the dining room that features another fireplace with inset wood burner.
The kitchen/breakfast room has a range of units with inset Belfast sink, oil-fired aga and ample space for dining table and chairs, and leads to a convenient downstairs shower room, just off the inner hall.
Stairs rise to a large landing space with room for an office area. There are three double bedrooms together with a family bathroom comprising free-standing bath, shower cubicle, wc and wash basin.
Outside A pedestrian gate leads to a cobbled path to the front door. There is a feature pond and two areas of level lawn bordered by hedging and shrubs.
The rear garden includes a substantial patio and separate brick paved area plus lawn surrounded by cob walls and enjoying a good degree of privacy.
There is a separate workshop/garage with power and light and double doors leading to a private lane with off road parking.
Services Utilities: Mains water, electricity and drainage Heating: Oil fired aga for hot water with wood burner that serves the central heating radiators EPC: E(46) Standard and Superfast Broadband available (Ofcom) EE, Three, O2 and Vodafone network available outdoors (Ofcom) Directions On leaving Exeter proceed westwards on the A377 passing through Crediton and Copplestone continuing to Morchard Road.
At Morchard Road turn right just before the Devonshire Dumpling pub signposted, Morchard Bishop. Continue on this road into the village passing The London Inn on your right.
Keep left and after a further 150 years the cottage can be found on the right.
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.
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FAQ
About Thurlby Cottage, Fore Street, Morchard Bishop
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