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See how verdicts work4-bedroom semi-detached house · EX15 3NA
For saleReduced £35k (−6.1%) on 25 OctListed 363 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Charming Mill Conversion in the Heart of the Devon Countryside Enjoy the beauty of the Devon countryside right from your doorstep at Hackpen Mill Lodge, a beautifully presented and generously proportioned former mill, set within a small cluster of individual homes just beyond the sought after village of Ashill.
Spread across three spacious floors, Hackpen Mill Lodge offers a versatile layout with four/five bedrooms, two en-suites, and a wealth of period charm blended seamlessly with modern touches.
From the characterful sitting room with oak flooring and a wood-burning stove to the generous kitchen/dining room featuring a central island, Rayburn, and direct garden access, every space has been thoughtfully designed for comfort and style.
The ground floor level also includes a practical utility room, cloakroom, and excellent storage options.
The principal bedroom suite is a true retreat, complete with a luxurious en-suite bathroom featuring a roll-top bath and walk-in shower.
There are three further double bedrooms, a fifth bedroom/study, and two additional bathrooms. This an ideal home for families, those working from home, or multi-generational living.
Outside, the rear garden is perfect for entertaining, with a mix of lawn, gravel, and a pergola covered decking area for al fresco dining.
The property is approached via a shared driveway leading to ample parking and a timber framed garage. what3words ///brilliant.claw.mere
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
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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.
Area
Agent & docs
FAQ
About Mill Lane, Ashill, Cullompton, Devon, EX15
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