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See how verdicts work2-bedroom terraced house · EX36 4AR
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain! A spacious well presented 2 bedroom mid terrace cottage that has recently been modernised.
Conveniently located close to the town centre of South Molton Occupying a convenient and easily accessible position within the heart of South Molton, 6 Mill Street is a charming cottage that has been thoughtfully modernised while successfully retaining much of its original character and appeal.
The property is entered directly into a spacious and welcoming sitting room, a characterful living space centred around an impressive inglenook fireplace with a wood-burning stove.
Exposed stonework and period features add warmth and charm throughout, while useful understairs storage has been cleverly incorporated.
The recently fitted kitchen is light and airy, offering a range of modern base units, a sink with drainer, and direct access to the rear garden.
Completing the ground floor is a practical store room, which provides additional storage, a further range of base units, and houses the gas-fired boiler.
Stairs rise from the sitting room to the first floor landing. The principal bedroom is a generous double room enjoying a pleasant front aspect, while the second bedroom overlooks the rear garden.
Serving both bedrooms is the family shower room, fitted with a walk-in shower, wash hand basin, and WC. For layout and approximate room measurement please see the enclosed floorplan.
Outside To the rear is an enclosed, south facing rear garden. It is laid mostly to lawn with flower beds. Immediately outside the garden room is an area of stone chippings.
There is a stone chipped pathway that leads to the bottom of the garden where a shed is located.
Services & outgoings We understand the property is connected to mains gas, electricity, water and drainage. Gas fired central heating.
Council Tax: North Devon Council Tax band B Additional information Broadband: FTTP-Super fast broadband is available-highest available download speed 1600 Mbps, highest available upload speed 115 Mbps.
(Based on Openreach data). Mobile Coverage: There is predicted good outdoor coverage via EE, O2 and Three (Ofcom data).
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%) Construction Type: Stone and cob with a block extension 6 Mill Street occupies a convenient location situated within a short distance of the local shops, schools, community woodland and other amenities.
Barnstaple and Tiverton are both easily accessible via the A361 North Devon link and offer a wider range of facilities, together with further schooling and entertainments.
Exeter is within 40 minutes travelling distance, whilst Junction 27 of the M5 motorway and Tiverton Parkway Station are both approximately 30 minutes distant providing fast access to the rest of the country.
International airports are available at Exeter and Bristol.
The market town of South Molton is located just to the south of Exmoor and is surrounded by delightful countryside offering a wide range of recreational pursuits including miles of walks, riding and cycling both on the moor itself and in the neighbouring environment.
Fishing can be enjoyed on the rivers Taw, Torridge and Mole and the dramatic North Devon coastline is within 40 minutes travelling distance with a variety of locations ranging from quiet bays and coves such as Lee Bay Woody Bay to the renowned surfing beaches of Woolacombe, Croyde and Saunton Sands.
Golf courses may be found at Tiverton and Barnstaple, together with Links courses at Saunton Sands and Westward Ho!
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.
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FAQ
About 6, Mill Street, Devon
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