2-bedroom house · EX17 6RF
For saleReduced £5k (−2.3%) on 15 SepListed 102 days
Opportunity summary
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About
This cottage has been vastly improved by the present owner and is situated near this popular village within the six acre grounds of Beech Hill.
The cottage is very individual and includes the sitting/dining room including a gallery with access to the raised decked area overlooking the grounds, hand crafted kitchen and a further two bedrooms, bathroom and shower room.
Location Situated in Beech Hill which comprises a Manor House and a small collection of cottages. The local community are very friendly and are dedicated to living a sustainable lifestyle.
The nearby village of Morchard Bishop nestles comfortably in the heartland of Devon, midway between the north & south coast, sitting between the two moors of Dartmoor & Exmoor.
The village is within easy travelling distance of Crediton, Exeter & Tiverton.
The village is well served by regular buses to Crediton & Exeter and is 4 miles from Morchard Road station on the Barnstaple to Exeter Tarka line.
Description The cottage is entered by the enclosed entrance hall with a door to the impressive living/dining room with open fire, windows to the front and rear with the unique wooden staircase leading to the first floor and gallery overlooking the sitting/dining room.
The kitchen is well fitted with a range of wall and base units with wood block worktops, Belfast style sink and integrated oven and gas hob.
From the entrance hall a door also leads to the downstairs double bedroom with a built in understairs cupboard and space for inset wardrobes.
The first floor landing gives access to the main double bedroom with loft access, the bathroom and separate shower room.
The galleried landing leads from the landing and could be further utilised as a study area etc, giving access out to the glorious raised decked area offering a wonderful entertaining area.
There are gardens surrounding the cottage as well as the private, communal car park with parking for two cars.
Directions And Material Information What3Words: ///fracture.taskbar.ledge Material Information: Mains electricity, private water and shared drainage, lpg gas heating and woodburner in the lounge.
Leasehold: 88 year lease with £25 ground rent and £2509.56 maintenance charge which includes water, drainage, car park, recycling, buildings insurance, external maintenance and management costs.
Owned solar panels with battery. Parking: Private shared car park on site.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Courtyard Cottage,, Morchard Bishop, Devon
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