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Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fortescue Farm is situated in an idyllic location "The Byes" is close by providing a wonderful riverside walk leading directly to the town that is within three-quarters of a mile with an excellent range of independent shops and supermarkets, along with bars and restaurants.
The Esplanade which forms part of the Jurassic Coast is also easily accessible and major roads are within easy reach, providing swift access to the Cathedral city of Exeter and the M5.
"Huge potential" is an understatement, this exciting opportunity to provide multiple homes or holiday lets and a substantial family home with a range of barns and a small grade II listed farmhouse that has planning permission to refurbish and extend (eddc planning reference 22/2821/lbc).
The total plot extends to approximately 0.551 of an acre. Viewings are strongly advised to appreciate the character of the barns and farmhouse and the potential on offer.
Directions What3words ///perky.crash.wicked health & safety The farmhouse and associated barns are in a poor state of repair please be advised that viewings are at your own risk.
Services We understand services will need to be addressed by the developer the current services are sub metered from a neighbouring property which would be terminated prioir to development.
Water and electricity are closeby.
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
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FAQ
About Fortescue Farm and Barns, Fortescue Road, Sidmouth
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