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See how verdicts work3-bedroom detached house · EX17 5EL
Listing removedListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached farmhouse situated in an off road position with outbuildings and barns around a traditional courtyard.
The farmhouse benefits from adjoining gardens as well as a productive orchard and four pasture fields which surround the farm, totalling over 32 acres in all.
Although in need of updating, the farm offers great potential. Guide £875,000 to £900,000.
Location Moortown is situated approximately 1.5 miles from Crediton which is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on.
There is a regular daily bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas.
It has excellent schooling facilities at both senior and junior levels. The town has a selection of shops plus Morrison’s, Tesco and Lidl superstores.
Description The accommodation includes the front door to the entrance hall with the sitting room to the left and a wood burner inset into an inglenook fireplace and a door to the dining room with further inset woodburner.
The kitchen leads off the hallway with access to the utility room with a door to the rear garden and cloak/shower room. To the other side of the kitchen is the utility room.
The first floor consists of a landing with access to the 3 double bedrooms and bathroom.
Outside the property is approached over a lane from the council road bearing left onto the private traditional courtyard with numerous outbuildings including the original parlour, shippen adjoining the house, hay barn, tractor barn and workshops amongst others.
There is a formal garden to the side and rear of the farmhouse and a productive orchard to the South.
The farmhouse sits within four gently sloping enclosed pasture fields with good access, extending to in excess of 32 acres in total.
Directions and Material Information What3Words: ///searcher.drilling.permit Copy the video link below and paste into your browser: electricity and water, Private drainage Oil fired central heating and hot water Wood burning stoves Free standing solar photovoltaics Mid Devon District Council - Band F Freehold Listing: Grade II Listed
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
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FAQ
About Moorlake, Crediton, Devon
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