3-bedroom house · EX36 3HW
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description About the property Lyme Cottage is well proportioned two/three bedroomed detached village home, enjoying a private elevated position with far reaching views.
The large south facing garden is a particularly attractive feature displaying an abundance of colour with the feeling of privacy and seclusion.
Approached via back lane, a shared driveway leads a recently constructed single garage.
Currently parking is within the garage or available close by including the village square just a short distance from the property.
It is thought that there may be potential to create additional off road parking to the side of the dwelling subject to any necessary consents.
The accommodation briefly comprises; entrance porch/conservatory, welcoming hallway with cloakroom, living room with woodburning stove and wide picture window, open-plan dual aspect kitchen/dining room with further side entrance.
The first floor provides two generous sized double bedrooms and a small third room currently utilised as a utility room, together with a smart family bathroom with separate shower.
The cottage enjoys an elevated position set back from the village lane with a large south facing plot and superb established gardens. Contained within the garden is a good sized store shed/workshop.
For layout and approximate room measurements please see the enclosed floorplan. Virtual Tour Available.
The area North Molton is known as the gateway to Exmoor National Park, being one of the closest villages and offers a community run village shop, well regarded primary school, pubic house, two churches, garage/petrol station and a popular sports club.
Services & outgoings The property is connected to mains water, electricity and drainage. Oil fired central heating system. Woodburning stove to the living room.
North Devon Council - Band D Approx.
£2,515 per annum (2026/27) EPC Rating - E 46/97 Tenure - Freehold Mobile & Broadband - Visit ofcom Directions From the North Devon Link Road (A361) just to the north of South Molton, take the turning off the roundabout towards North Molton.
Follow this road for about 2.5 miles continuing into the village. Take the left turning just after the garage onto Back Lane and follow the land up the hill.
Lyme Cottage is on the left hand side before the village square. For viewing the cottage it is advised to park on Back Lane or the square and continue on foot to the property.
What3Words Location - ///testers.forget.positions Digital media 360 virtual tour available Important notice These sale particulars have been prepared as a general guide.
They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property.
To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.
A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase.
We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.
Copyright © 2026 michael adey property Council Tax Band: D (North Devon Council) Tenure: Freehold
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About Lyme Cottage, Back Lane, South Molton
Explore nearby