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See how verdicts work2-bedroom semi-detached house · EX5 5AE
For saleReduced £23k (−11.6%) on 15 OctListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Trout Cottage is situated in a convenient position with good road access to Exeter and Crediton, nearby train station and a bus stop opposite.
The accommodation includes the sitting room with a large open fire, kitchen/dining room, two bedrooms and bathroom.
Outside there is parking to the rear, small garden, enclosed patio garden and a shed with power connected.
Location Newton St Cyres is recognised as being one of the area's most picturesque villages with its ancient stone bridge and stream winding its way through the centre of the village.
It has a historic parish church, primary school, post office/store, Italian restaurants, a gastropub/brewery and regular bus and train services to Exeter (3 miles) and Crediton (4 miles).
The village also has tennis courts, football pitches, a cricket club and park.
Description The property consists of the rear door into the kitchen/dining room which is well fitted with wall and base units and space for a dining room table and chairs.
The sitting room is a good size with a window to one side and an impressive brick fireplace and stone hearth with a grate and hood.
The staircase rises to the first floor landing and gives access to the two bedrooms and bathroom. Outside there is a shared driveway adjacent to the cottage that leads to the rear parking area.
There are also two areas of garden and a useful shed with electricity connected. A gate leads into the good size enclosed patio area with an outside tap and a door to the kitchen/dining room.
Directions And Material Information What3Words: ///motivates.ally.crypt Mains electricity, water and drainage Gas fired central heating and hot water Mid Devon District Council - Band C Freehold Parking: Parking space to the rear of the property
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About Trout Cottage,, Newton St. Cyres, Devon
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