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See how verdicts work3-bedroom detached house · TA21 9QY
No longer listedListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a peaceful position in a small hamlet is this well presented historic cottage in excellent decorative order and with a wealth of character features.
The house is arranged over two floors with well balanced accommodation including two large reception rooms with heavily beamed ceilings, the sitting room and dining room both have a traditional wood burning stoves.
The kitchen is smart, well fitted with cream fronted units and beech work surfaces along with ample appliance space in addition to a very useful utility room and shower room on the ground floor.
On the first floor, the three bedrooms are all doubles with lovely rural views and are serviced by the main bathroom which benefits from a roll top bath.
The house has a good sized level garden with lawns and flower beds mainly to the front but with a good degree of privacy well enclosed on all sides with mature planting and fencing.
There is a private covered seating area with the western boundary open to fields with far reaching views.
The hamlet of Nicholashayne is a short drive from Culmstock with its favoured pub and delicatessen, with additional facilities in the busy and well served village of Hemyock which is approximately 4.5 miles away.
The larger towns of Wellington and Tiverton are 5 miles and 11 miles respectively with Mainline Rail services at Tiverton Parkway (6 miles) and Junction 27 M5 LOCATION Toad Cottage is situated in a semi-rural location within the popular hamlet of Nicholashayne which is approximately 5 miles from the town of Wellington.
Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities including a Sport Centre, cinema and The Cleve Hotel & Spa.
The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.
DIRECTIONS From Wellington proceed in the Exeter direction passing through Rockwell Green and along the A38 passing the Beambridge Hotel continue along this road taking the left turning for Culmstock.
Proceed over the motorway bridge taking the course of the road where a left turn will be found signposted Nicholashayne.
Continue on this road where the property will be found further along on the left hand side as indicated buy our For Sale board.
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.
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About Nicholashayne, Wellington
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