2-bedroom terraced house · EX20 3PA
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to rent this beautifully renovated character cottage, ideally located in the heart of the popular village of Northlew.
The property offers two double bedrooms, a fully fitted kitchen with integrated appliances, modern electric heating, multi-fuel stove, double glazing throughout and a low-maintenance paved courtyard garden, perfect for outdoor seating or potted plants.
Available from 13th November 2026. EPC = E. Directions From Holsworthy proceed on the A3072 Hatherleigh road for approximately 9 miles until reaching Highampton.
Take the right hand turning just after the pub and follow this road to Northlew.
Upon reaching the village square in Northlew, take the right hand turning signed Bratton Clovelly and the property will be found a short way along on the right hand side.
THIS ACCOMMODATION COMPRISES (all measurements are approximate):- Entrance Hall Kitchen 12' 4" x 8' 6" Roll-edge worksurface with drawers and cupboards below, and matching wall units.
1½ bowl stainless steel inset sink with mixer tap. Built-in electric oven and hob with stainless steel extractor hood over. Built-in dishwasher. Tiled splashback to walls. Tiled floor.
Electric radiator. Double glazed window to front. Door to: WC Close-coupled toilet and vanity unit with inset basin and mixer tap. Wall-mounted mirror above. Built it shelving.
Dining Area 12' 8" x 7' 8" Useful understairs cupboard. Living Room 17' 6" x 14' 5" Stairs rising to First Floor. Electric radiator.
Double glazed window to front, and double glazed Patio doors to outside. Multi-fuel stove set on a slate hearth. First Floor Landing Double glazed "Velux" skylight window.
Bedroom 1 Double glazed window to front. Electric radiator. Eaves storage/wardrobe area. Bedroom 2 11' 4" x 9' 1" Double glazed window to front.
Electric radiator Bathroom 7' 8" x 8' 11" Mains fed walk-in shower. Contemporary fitted bathtub with wall mounted tap. Vanity unit with sink, WC, heated towel rail.
Outside Private walled courtyard garden. Services Mains water, electricity, and drainage.
The TV, telephone, and broadband connections have not been tested and are the tenants responsibility.
Council Tax Band B EPC 'E' Rental Conditions RENT: £950.00 per calendar month DEPOSIT: £1,096.00 Property let as seen - available from 13th November 2026.
A verifiable household income of at least £28,500.00 per annum is required to be considered. References will be required.
Please Note Permitted Payments: - Holding deposit, equivalent to one week's rent, to secure property.
This will go towards the first month's rent providing that you do not withdraw from your application, do not provide inaccurate information, fail to disclose vital information or fail to proceed with the tenancy within a reasonable time frame.
- £50 Inc. VAT administration fee for any changes to the tenancy (when requested by the tenant). - Early termination fee (only when agreed in writing from the landlord), £50 Inc.
VAT administration fee plus any agreed reasonable costs (as agreed with landlord). - Lost Keys / Security Devices, replacement will be charged at the reasonable cost to the tenant. - Late rent.
We reserve the right to charge (truncated)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Northlew, Okehampton, Devon
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