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See how verdicts work2-bedroom house · EX11 1PF
For saleReduced £20k (−6.7%) on 21 JunListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this delightful Grade II listed thatched terraced cottage enjoying some characterful features.
The accommodation briefly comprises living room with wood burner set in feature fireplace, dining room, kitchen, ground floor bathroom and two bedrooms to the first floor.
Also benefits from attractive south-facing garden and parking space.
Hand gate to the front of the property with multipaned glazed door opening into the entrance porch which in turn opens into the ground floor accommodation.
The property enjoys character features including beams and cottage windows with the living room featuring a brick, inglenook style fireplace with wood burner.
There is a separate reception room, currently used as a dining room but could also suit a home office/play room.
The kitchen is a modern extension having a good range of units, work surfaces with Belfast sink and space for appliances.
There is a ground floor bathroom with modern white suite with shower over the bath. On the first floor are two double bedrooms enjoying an outlook over the front garden.
Bedroom one has access to attic storage space and bedroom two also benefits from storage space.
Attractive, southerly facing garden with established planting, a wood store and shed as well as driveway parking for one vehicle.
Location Alfington is a historical small East Devon village located between the towns of Honiton and Ottery St Mary.
Enjoying a village community, 13th Century Church and surrounded by countryside with public footpaths to enjoy walks.
The nearby towns provide main amenities including retail and leisure facilities, schools including the well-regarded Kings School, medical centres and hospitals, public transport including a variety of bus services and a railway station at Honiton with regular services to Exeter and London (Waterloo).
Material Information: Tenure: Freehold Grade II listed. Water reed thatch. Rough cast walls. Rear extension in tendered block & brickwork with slate roof. Double glazed windows.
East Devon District Council. Tax Band C. Services & Heating: Mains electric & water. No mains gas. Private drainage - Cesspit. Electric heating and wood burner. Parking: Private driveway.
Rights of access over road leading to property, off Mill Lane. Right of access to rear of property for maintenance purposes, across 7 Mill Lane.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 6, Mill Lane, Ottery St. Mary
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