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See how verdicts work3-bedroom detached house · TA24 7EY
For saleListed 422 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive detached house offering flexible living over 2 floors - set in 1.64 acres with stables, paddocks and wonderful views across Exmoor. Subject to an agricultural tie and section 106.
Benefitting from double glazing and oil fired central heating, the accommodation comprises, on the ground floor - utility room, kitchen/dining room, sitting room, 2 double bedrooms (1 ensuite), and a family bathroom.
The lower ground floor has been partially converted to offer a large reception room/potential 3rd bedroom, 2 tack rooms and a good sized boot room.
The accommodation could be set up/split in a variety of ways to suit individual needs (subject to the relevant planning and consents).
Externally the property is accessed over a long, sweeping, driveway leading to this property and 3 others.
The private driveway for Pit Pony Cottage leads through the post and rail paddocks to a yard area which offers ample parking and turning space and 2 stables.
A pathway leads through the garden to the front door. The garden has been laid to lawn and planted with a wide array of mature shrubs and trees, providing colour and interest year round.
The paddocks have been divided into 3, one of them benefitting from a field shelter.
Services - bore hole water with filtration system shared with 1 other, mains electricity, septic tank shared with 3 other properties. This property is subject to an agricultural occupancy condition.
The occupation of the dwelling shall be limited to a person solely or mainly employed, or last employed, in the locality in agriculture or horse breeding, as defined in Section 336(1) of the Town and Country Planning Act, 1990.
The property is also subject to a section 106 local occupancy clause, meaning a purchaser must have been living in the local area for a minimum of 1 year prior to purchase.
The property is situated in a beautiful, rural, location in the Exmoor National Park, 1.5 miles from the village of Wheddon Cross.
The village has a petrol station and general stores, popular pub, village hall, primary school, garage and livestock auction field.
The village is a real hub for the surrounding rural areas and has a lovely sense of community. The whole area is renowned for its beautiful scenery and offers hours of walking and riding.
Minehead, 10 miles, offers a wide range of supermarkets, high street and independent shops and schools.
Value & comps
No previous sales on record.
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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 starting price
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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 Pit Pony Cottage, Minehead
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