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See how verdicts work5-bedroom house · EX8 5EQ
For saleReduced £25k (−2.8%) on 21 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gate Lodge is a five-bedroom detached home with a self-contained two-bedroom lodge. The main house offers spacious living and a modern kitchen opening to a landscaped garden.
The annexe, run as a successful Airbnb, generates around £2,000pcm in summer.
Full Description Gate Lodge is an impressive five-bedroom detached residence, thoughtfully divided between the main house and a spacious lodge.
The main house features three generously sized bedrooms, including a master with en-suite, a stylish family bathroom, a large living room, a separate dining room, and a contemporary kitchen-diner complete with bi-fold doors that open onto a beautifully landscaped garden-perfect for indoor-outdoor living.
The self-contained lodge offers two double bedrooms, two modern bathrooms, a bright and airy living/dining room, and a separate, fully equipped kitchen.
Currently operating successfully as an Airbnb, the lodge generates approximately £2,000 per month in net income during the summer months.
Location Description Old Bystock Drive in Exmouth is a highly sought-after residential area, offering a peaceful and leafy setting while still being conveniently located close to the town centre, local schools, and beautiful countryside.
Nestled near the edge of the Bystock Nature Reserve, the area provides easy access to scenic walking trails, while Exmouth’s stunning coastline and sandy beaches are just a short drive away.
With excellent transport links, including nearby rail services to Exeter and beyond, Old Bystock Drive combines the best of tranquil living with practical connectivity and natural beauty.
Material Information What3Words: ///tunes.blank.silly Tenure: Freehold East Devon District Council, Band: E Mains: Gas, water, electric & drainage Heating: Gas central heating Rights and Restrictions: N/A Mining: Not in a mining area Parking: Driveway off street
Value & comps
No previous sales on record.
Returns
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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 Gate Lodge,, Old Bystock Drive, Exmouth
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