3-bedroom detached house · EX17 6PD
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Finding a detached home in the heart of a Devon village with three bedrooms, parking and its own private garden isn't always easy, which is what makes The Forge such an appealing proposition.
Tucked away just off The Green in Morchard Bishop, it's within walking distance of the village amenities and primary school, yet sits away from the main road in a quieter backwater setting.
Morchard Bishop itself is a thriving village surrounded by beautiful Mid Devon countryside, with a shop/post office, pub, doctors' surgery, primary school and a good range of community and sporting facilities.
Crediton is around seven miles away, while Morchard Road station, approximately three miles from the village, provides access to the Tarka Line between Exeter and Barnstaple.
Inside, the accommodation is comfortable and nicely straightforward.
The living room is a particularly good size, with a wood-burning stove giving it a natural focal point and doors connecting directly with the courtyard garden.
There's a separate kitchen, together with the added practicality of a ground-floor WC, while upstairs are three bedrooms and the family bathroom. Above this is another interesting part of the house.
The large loft is already boarded, has power and Velux windows and can provide excellent storage or hobby space as it stands.
For buyers wanting more from the house in the future, it may also offer scope for further conversion into additional accommodation, subject of course to the necessary permissions and building regulations.
The previous particulars recorded the loft at approximately 25'6" x 12', so it's a meaningful amount of additional space rather than simply somewhere to put the Christmas decorations.
Outside, the courtyard garden has recently been renovated to create an attractive, level and private space that's easy to look after but still gives you somewhere proper to sit out, entertain or enjoy the warmer months.
Gated access connects the garden with the parking area to the side, another particularly useful feature for a village property. The Forge isn't trying to be a huge house with acres to maintain.
Its appeal is much simpler: An individual detached home, three bedrooms, private outside space and parking, all within a proper Devon village, with the added bonus of that useful loft space and potential for the future.
Please see the floorplan for room sizes.
Current Council Tax: Band C - Mid Devon Utilities: Mains electric, water, telephone & broadband Broadband within this postcode: Superfast Enabled Drainage: Mains drainage Heating: Electric and wood-burner Construction: Standard Listed: No Conservation Area: Yes Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Digital Photo Enhancement/Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, blue skies, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Morchard bishop is a popular village, sitting amid a network of more than 60 footpaths and bridleways including the Two Moors Way, for which it is the mid-way point.
Famous for having the longest row of thatched, terraced cottages in England, Morchard is a popular village not least because of its C of E primary school (ofsted Good), excellent pub, doctor’s surgery, and community run shop.
There’s a thriving community scene offering a variety of events and activities ranging from the monthly produce market to sporting clubs.
Nearby is Morchard Road where you can catch a train on the scenic Tarka Line to Barnstaple or Exeter.
For a wider range of shops and amenities Crediton and Exeter are 7-miles and 15-miles away respectively. A regular daily bus service from the village also provides access to both these towns.
Directions Use EX17 6PD or the what3words is ///minimums.circus.unstated When entering Morchard from the A377 at Morchard Road with the London Inn on your right, proceed down the hill (keeping left of the memorial) and take the right turn at the bottom into The Green.
The property will be found on your left. For viewings, it’s best to park on Fore Street (before turning into The Green)
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 The Forge The Green, Crediton
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