3-bedroom house · EX17 6NS
Sold STCListed 148 days
Opportunity summary
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About
Set in this popular, vibrant and historic village is this fantastic home that has been updated to a high standard whilst retaining its character and charm.
The house offers great living space including three reception rooms, fantastic kitchen, utility, cloakroom, three double bedrooms with en-suite and bathroom.
Outside are private cottage gardens, parking and garage.
Location Morchard Bishop is one of the larger parishes in the county lying east of the A377 Exeter/Barnstaple road and north west of Crediton, boasting a pub, doctors surgery. Primary school and shop.
It nestles comfortably in the heartland of Devon, midway between the North and South coast and sitting between Dartmoor and Exmoor.
The village is surrounded by unspoilt countryside, yet is within easy travelling distance of Crediton, Exeter and Tiverton.
The village is well served by local buses to Crediton and Exeter and is three miles from Morchard Road station on the Barnstaple to Exeter Tarka line.
Description The main door leads into the living room with a large bay window to the front, a woodburner and attractive flooring throughout which sets the scene for the rest of the house.
The modern kitchen is open plan from the living room with a range of wall and base units, sink unit and space for appliances plus a central island and further pantry/store.
The snug is a lovely room, again benefitting from a bay window to the front and a further woodburner.
A door leads to the utility and a further door to the dining room/office with patio doors to the garden and a door to the cloakroom.
The first floor consists of a spacious landing and three double bedrooms with en-suite and family bathroom.
The outside space consists of an open area to the front with a driveway leading to the good size garage to the rear of the house including a pedestrian door to the private gardens which are lawned with a seating area adjacent to the property with well stocked traditional beds.
Material Information What3Words: ///object.fatherly.bandaged Freehold Mains electricity, water and drainage Oil fired central heating and hot water Mid Devon District Council - Band E Parking: Driveway to the front of the 19'7'' x 9'5'' garage
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.
Area
Agent & docs
FAQ
About Post House,, Morchard Bishop, Devon
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