2-bedroom house · EX9 7EF
For saleReduced £25k (−7.7%) on 26 AugListed 747 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase this most attractive stone and cob period cottage.
Situated on the edge of the most popular East Devon village of East Budleigh and providing deceptively large accomodation.
To the ground floor is a large living room and an attractive archway to a spacious kitchen/dining room. There is a cloakroom and small utility area with a modern wall mounted gas boiler.
Upstairs there are two good size bedrooms and a bathroom. Outside To the front is a small concrete patio with a pathway to the front door.
To the rear is a larger than average South-facing garden which is very secluded with well-fenced boundaries and an attractive Summerhouse.
There is a service gate at the rear of the garden which the neighbours have a right of way to use. Directions From Newton Poppleford, proceed towards Budleigh Salterton.
After approx 3.5 miles, turn right into Vicarage Road, signposted East Budleigh. The cottage will be found on the left.
Location East Budleigh is an historic village being the birthplace of Sir Walter Raleigh and is a highly popular East Devon village just over 2 miles from Budleigh Salterton.
The village has a primary school, a community shop, a village hall, a garage, two pubs and recreational facilities. There is a regular bus service to Otterton, Budleigh Salterton and Exmouth.
East Budleigh is a picturesque village situated in an Area of Outstanding Natural Beauty within East Devon.
It's only two miles from the sea, with the coastal towns of Sidmouth and Budleigh Salterton nearby. The city of Exeter, the county town of Devon, is just ten miles away.
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
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FAQ
About 2 Vicarage Road, East Budleigh, Budleigh Salterton
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