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See how verdicts work3-bedroom house · EX34 9TB
Sold STCListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* CHARACTER COTTAGE WITH SHEPHERDS HUT AIR BNB * Riversdale is located in the picturesque Sterridge Valley on the outskirts of the highly sought after village, Berrynarbor.
It is one of Berrynarbor's best known properties set within its own landscaped garden and grounds of approximately one and a quarter acres.
Berrynarbor is just ¼ mile away with a wealth of local amenities include pubs, a church, primary school, community hall and Post Office with general store.
The current vendors have owned the property for several years and have carried out a number of significant improvements, including extensive landscaping of the grounds, updated bathroom and the installation of a shepherds hut.
The charming character cottage boasts an attractive façade, enhanced by climbing wisteria, which has recently been cut back to facilitate exterior redecoration.
The accommodation is arranged over two floors and offers a flexible layout ideal for family living.
Entering the property via a pretty porch canopy with ornate owl finial, an entrance hall with a useful cupboard for shoes and coats can be found with a staircase that leads into a spacious family living room.
On the opposite side of the hallway is a cosy snug with a feature stone inglenook fireplace, former bread oven and multi-fuel stove.
The recently re-fitted kitchen features a range of modern base and eye-level units with rolled-edge work surfaces, inset sink, built-in double oven, electric hob with extractor, and integrated larder fridge, freezer, and dishwasher.
A rear lobby provides access to the yard and a useful utility room, fitted to match the kitchen, with plumbing for washing machine and tumble dryer, along with a floor-standing boiler and walk in larder.
The first floor offers three bedrooms, including a principal bedroom benefiting from a modern slate-backed en-suite shower room with WC.
The remaining bedrooms are well-proportioned, with some built-in storage.
The family bathroom is stylishly appointed with a free-standing bath, vanity basin and concealed cistern WC with an additional shower cubicle.
The bifold doors out of the living room open onto a superb patio area that takes in the nearby countryside views and there is an outdoor kitchen.
The house is complemented by large landscaped riverside and hillside gardens which are well tended. The grounds are attractively arranged with terraces, fruit trees and mature flowering shrubs.
They also include a number of seating areas arranged to follow the sun around and to enjoy the far-reaching views of Berrynarbor.
There is a green house and an additional area left to nature and visiting wild life. There is also a sizeable flat lawned area with a useful storage hut.
A freshwater brook trickles down from the hillside into the stream that flows alongside the property.
In addition, the property benefits from a superb shepherd’s hut situated within its own private outdoor space.
This versatile accommodation comprises a double bedroom area, dining space, and kitchen area, along with a separate fully fitted shower room.
Currently used as a successful Airbnb, it offers excellent reoccurring income potential or could serve as ideal ancillary accommodation for guests and family.
Further outside features include ample parking via a gated driveway, a superb patio area to take in nearby countryside views as well as an outdoor kitchen with bi-fold doors into the living room, greenhouse, and access to the River Sterridge which borders the grounds.
The surrounding gardens extend into areas of wild planting and mature woodland, creating a truly tranquil and picturesque setting.
This exceptional country home offers a rare combination of character, modern improvements, income potential, and stunning landscaped grounds, and must be viewed to be fully appreciated.
Applicants are advised to proceed from our offices in an easterly direction heading out of town on the main A399 sign posted Combe Martin.
Continue along this road for approximately 4 miles turning right into the village of Berrynarbor immediately opposite the Saw Mills Public House.
Follow the road towards the centre of the village taking the first right hand turn shortly after the entrance to Mill Park sign posted Sterridge Valley.
Follow the road around to the left and continue along this road for approximately half a mile through the cut in the rocks where Riversdale Cottage will be found on the right hand side, shortly after Wood Park and a small bridge.
Ground Floor Entrance Hall 1.88m x 1.27m Dining /Family Room 3.58m x 2.87m Kitchen 4.2m x 2.34m Rear Lobby 2.03m x 0.86m Utility Room 2.74m x 1.57m Snug 3.5m x 2.36m Secondary Lobby 2.46m x 1.63m First Floor - Landing Bedroom 1 4.14m x 3.05m Bedroom 2 4.37m x 2.8m Bedroom 3 3.12m x 2.4m Split level bathroom/w,c, 1.6m x 1.12m Plus 2.6m x 1.83m Separate w.c.
1.83m x 1.14m Rear Corridor Lounge 5.87m x 4.7m
Value & comps
No previous sales on record.
Returns
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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 Sterridge Valley, Berrynarbor, Devon, EX34
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