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See how verdicts work3-bedroom terraced house · EX18 7BR
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity in the heart of Chulmleigh for this terraced, freehold, commercial, period property.
The building consists of a restaurant seating area, front and store room with commercial kitchen and toilet totalling of approx. 100 square meters.
Above this is a large three bedroom duplex maisonette. All fixtures and fittings are negotiable.
The trading name of Chulmleigh Tandoori can also be included if of course if you would like to carry the business on. The Town and all it offers is just a few paces away.
The rail links to Exeter City are a few minutes’ drive, the public transport is frequent and there is a superb school catering for all ages a short walk away.
South Molton and Crediton are easily reached, as is the North Devon Coastline. In all then, a very attractive offering.
We look forward to meeting you there and would urge you to do so at your earliest convenience.
There is plenty of parking in the Town of Chulmleigh for visitors and residents alike with the use of public pay and display car parks a short walk away.
The vendor informs us that the main property is thought to be constructed of stone under a slate tiled roof. Your surveyor or conveyancer may be able to clarify further following their investigations.
Cooper House is listed as a grade 2 property. Heating: Electric hot water tank Mains water - Mains electric - Mains drainage - Landline telephone.
Broadband coverage: Superfast available up to 50mbps (information taken from Ofcom checker) Mobile phone coverage: Available onsite (see Ofcom checker for further information) This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
Directions From our office in Well Street continue until reaching the crossroads, turn left and passing the BP garage on your right hand side, turn right at the mini roundabout signposted towards Barnstaple and South Molton.
Proceed down Calf Street until reaching the next mini roundabout and take the second exit signposted towards South Molton B3227.
Continue along this road for approximately 8 miles until reaching a T junction, turn right onto the A377 signposted towards Exeter, stay on this road going through the village of Umberleigh following the signs to Exeter.
Continue along this road and take the first left hand turning signposted towards Chulmleigh, continue along this road for approximately 1 1/2 miles and upon entering the village, pass the community school on your left hand side following South Molton Street down to Fore Street to where the property is located on the right hand side.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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 Fore Street, Chulmleigh
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