2-bedroom house · EX20 3JN
For saleReduced £19.9k (−10%) on 22 SepListed 351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This versatile, thatched Grade II listed cottage offers an abundance of character and charm in the heart of Hatherleigh's historic and highly active community square.
The ground floor features a welcoming living room with an impressive inglenook fireplace, a well-equipped kitchen, and a useful utility area.
On the first floor, there is a double bedroom, an additional room ideal as a dressing room, study, or nursery, and a bathroom. The second floor provides a good-sized attic room.
Externally, the property enjoys an enclosed garden and a workshop which are at a raised level catching a long duration of sunlight.
The house has a wonderful balance of charm, practicality, and flexibility in a truly picturesque setting with a lovely outlook over the town square.
The property dates back to the 17th Century and used to be part of The Royal Oak public house.
Material Information/Utilities Water - Mains connection Drains - Mains Electric - Mains Heating - Broadband - Ultra Fast and Standard available Mobile - EE & Vodafone offer best coverage (ofcom) Council Tax Band - B EPC - D Note: There is a flying freehold A glazed front door opens to the Living Room/Dining Room A spacious and bright room with an impressive inglenook fireplace with an inset cloam oven and wood burning stove.
There is a fitted cupboard built into the recess of the fireplace. Parquet flooring, under stairs cupboard, exposed beams.
Kitchen Range of fitted solid wood floor and wall units and block wood work surfaces.
Inset ceramic sink, plumbing and space for a dishwasher, electric cooker point, tiled flooring and splash backs, stable door opening to the Utility Room/Rear Porch Plumbing and space for a washing machine, glazed door to the garden.
From the living area, carpeted stairs lead up to the Landing Fitted carpet, linen cupboard. Bedroom One Exposed floor boards, window seat, exposed beams.
Office/Nursery This versatile room could be used for a variety of things such as a nursery or office. There are exposed floor boards.
Bathroom A white suite comprising of a double ended bath, tiled corner shower, pedestal wash basin, low level w.c., chrome heated towel radiator, vinyl flooring.
From the first floor landing, stairs lead up to the Attic Room Fitted carpet, exposed beams, storage built into the eaves providing a significant storage area space above the bathroom including efficiently insulated dual element/timer immersion water heater that was installed in 2018.
Outside To the rear of the property is a fully enclosed garden extending to approximately 12 metres.
It comprises of a patio seating area catching extensive sunlight, raised flowerbed, climbing roses and a small area of lawn. At the top end of the garden is an insulated workshop with power and light.
Consumer Protection From Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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 31, Market Street, Okehampton
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