3-bedroom house · EX14 9DB
For saleListed 45 days
Opportunity summary
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About
Character rural cottage with countryside views, stone barn in 0.36 acre garden Situation Positioned within the scattered hamlet of Millhayes, this charming rural setting lies part way down a quiet no through road and backs on to open fields.
It sits within the Blackdown Hills National Landscape. Stockland is 1.2 miles away and offers a primary school, pre school, village hall, ancient church and a well regarded community owned pub.
Honiton and Axminster provide a good range of amenities together with stations on the London Waterloo line.
Description The cottage is built of stone beneath a mainly slate roof (likely asbestos) and is full of character. It would now benefit from some updating and has predominantly timber windows.
The layout is adaptable and includes a ground floor en suite bedroom, sitting room and dining room both with fireplaces, and a kitchen.
On the first floor there are two bedrooms and a family shower room. Outside Outside there is parking for 2 vehicles, a single garage or car port and a lovely stone barn.
The large gardens extend to about 0.36 acres and are bordered by mature hedge banks backing on to open fields. Laid to lawn with intersecting paths, the gardens include a variety of shrubs and trees.
Services Services: Mains water and electricity. Private drainage via septic tank (needs to be updated).
Broadband is not currently connected although could be via Gigaclear at up to 1,000 Mbps, mobile signal outside is variable on EE, O2, Three and Vodafone according to Ofcom.
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
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FAQ
About Sweetlands, Stockland, Honiton
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