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See how verdicts work5-bedroom detached house · EX6 6JQ
Listing removedListed 162 days
Opportunity summary
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About
A charming and versatile five-bedroom home, rich in character features and offering flexible accommodation including a self-contained annexe.
Situation - The Forge occupies a delightful village setting within the highly regarded parish of Cheriton Bishop, surrounded by the rolling Mid Devon countryside and enjoying excellent accessibility to both the cathedral city of Exeter and the landscapes of Dartmoor National Park.
The village offers a strong sense of community together with an active parish church, well-regarded doctors surgery, popular primary school, village hall and popular public house, whilst more comprehensive amenities can be found in nearby Exeter.
The property is conveniently positioned for the A30, providing swift access westwards into Devon and Cornwall and eastwards to Exeter, where there are mainline rail connections to London Paddington and a wide range of educational, commercial and recreational facilities.
The surrounding area is renowned for its attractive countryside, network of footpaths and bridleways, and opportunities for riding, cycling and country pursuits, making THE FORGE ideally suited both as a principal residence and a rural retreat.
Description - The Forge is a substantial and versatile five-bedroom village residence, of cob and stone build with a slate roof, offering flexible accommodation ideally suited to multi-generational living or income potential.
The property can be enjoyed as an impressive family home or arranged as a three-bedroom main house with an adjoining two-bedroom letting wing/self-contained annexe.
The accommodation is complemented by two family bathrooms, a private courtyard garden and a garage.
In addition, the property benefits from roof-mounted solar panels, enhancing its energy efficiency and appeal for modern living.
Accommodation - The heart of property is undoubtedly the superb kitchen/dining room, a wonderfully light and spacious area featuring vaulted ceilings, exposed beams and doors opening onto the garden, creating an ideal space for both family living and entertaining.
The kitchen is beautifully appointed with bespoke solid wood units and worktops together with an oil-fired Aga.
A useful utility room lies adjacent, whilst the welcoming hall with its charming window seat provides an additional and versatile dining or seating area.
The cosy sitting room centres around an impressive inglenook fireplace with woodburning stove, offering a warm and relaxing retreat.
Also on the ground floor is a further bedroom, equally suited for use as a study or playroom. Stairs rise to two further bedrooms and the family bathroom.
The principal bedroom is a particularly striking room with vaulted ceilings and exposed original timbers, whilst the bathroom is attractively fitted with a roll top bath and separate shower, together with access through to the second bedroom.
The annexe is easily accessed internally via a connecting door and, whilst perfectly arranged as a self-contained living space with its own external entrance, can equally function seamlessly as part of the main residence.
The accommodation comprises a sitting room, kitchen/breakfast room and bathroom on the ground floor, with stairs rising to two spacious and characterful bedrooms together with a generous dressing area.
The property further benefits from solar PV panels and oil-fired central heating.
Garden And Garage - Outside, the delightful enclosed garden is arranged predominantly to lawn and wraps attractively around the house, complemented by mature shrub and flower borders together with a paved terrace ideal for outdoor dining and entertaining.
A garage/workshop is situated to the end of the property, whilst gated access leads to a spacious driveway providing parking for two vehicles.
Services - Utilities: Mains electricity and water Drainage: Mains Central Heating: Oil and two wood burners Solar: E.ON EE, Three, O2 and Vodafone mobile network likely available (Ofcom) Standard and Superfast broadband available (Ofcom) Directions - what3words - ///polka.motored.ignore
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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