2-bedroom house · EX20 3JB
Listing removedListed 474 days
Opportunity summary
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About
Description An opportunity to acquire this characterful cob & stone cottage, conveniently situated within walking distance of the amenities on offer within the historic market town of Hatherleigh.
The property has been updated and cared for in recent years to include a new fitted kitchen, partially new windows and doors and a tastefully landscaped rear garden.
Deceptively spacious, the property offers a generously sized sitting room with woodburning stove with an equally well proportioned kitchen/dining room adjacent.
Completing the ground floor is a useful utility room which also provides access to the enclosed rear garden. There are two bedrooms and a bathroom to the first floor.
To fully appreciate this well located period cottage viewings are highly advised.
Council Tax Band: B (West Devon Borough Council) Tenure: Freehold Property Location Hatherleigh is a small market town in west Devon, approximately 7 miles north of the larger town of Okehampton.
Hatherleigh hosts various festivals throughout the year, including the main carnival in November.
With a range of locally run business, there is also a cooperative convenience store, primary school, public house, post office and church.
Hatherleigh seems to hold a strong sense of community and is vibrant active town.
Entrance Hall Living Room (4.58m x 5.34m) Kitchen/Diner (5.20m x 2.70m) Utility Room (3.12m x 1.31m) First Floor Landing Bedroom (3.09m x 1.68m) Bedroom (3.03m x 2.98m) Bathroom (1.90m x 2.79m) Outside To the rear of the cottage is a fully enclosed garden which offers a high degree of privacy, has been thoughtfully landscaped with ease on maintenance in mind.
Several kind steps lead up to a level seating area which has been finished with loose stone chippings ang a paved circular patio area. Complete with log store.
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 7 South Street, Okehampton
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