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See how verdicts work4-bedroom house · EX14 9PP
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wonderfully presented restored farmhouse with two excellent holiday cottages in 4.5 acres. No near neighbours. Fantastic countryside views.
1/2 mile from the village Situation Enjoying a gently elevated position in the heart of the Otter Valley, this property boasts an exceptional setting with no near neighbours and far-reaching views across unspoilt farmland, both up and down the valley.
Just half a mile from the sought-after village of Upottery, the property is ideally situated for village life, with a thriving community centred around an historic church, well-regarded primary school, popular pub, and excellent sports facilities including cricket, football, and tennis clubs.
Set within the Blackdown Hills National Landscape, the location strikes a rare balance between rural seclusion and accessibility, within 30 minutes’ drive of the Jurassic Coast to the south, Exeter to the west, and Taunton to the north.
Farmhouse Purchased by the current owners in 1994, the property was then in a near-derelict state.
Since that time, it has undergone an extensive and sympathetic programme of improvement, transforming it into a beautifully comfortable home that fully embraces its outstanding views over the surrounding open farmland.
The accommodation is light and airy, with generous room proportions that enhance the property's original character.
Features include two wood-burning stoves, a well-appointed kitchen with granite worktops and a four-oven Aga, a charming conservatory overlooking the gardens, and a triple-aspect sitting room.
Upstairs, there are four double bedrooms, a family bathroom, and a separate shower room.
The principal bedroom benefits from an en suite shower room and a spacious dressing room, which also lends itself well to use as an adjoining study.
Holiday Cottages Both holiday cottages are rated 5* Gold by VisitEngland, have also been entered into both regional and national tourism awards in the past and are 'award winning' with Bronze and Silver awards.
The Haybarton and The Cowbyre have been thoughtfully converted into exceptionally comfortable holiday cottages, blending traditional features with modern comforts throughout and decorated to a high standard, modern but discreet style, these are presently used as income-producing holiday lets, but are available also for accommodating extended family or friends on holiday, so allowing the 4.3 acre site to adapt to a variety of lifestyle needs and investment strategies Each self catering cottage accommodates six guests across three en suite bedrooms and enjoys a superb outlook over the surrounding countryside.
The properties benefit from the added convenience of twin electric vehicle charging points. The cottages are registered for business rates and fully compliant with the latest fire safety regulations.
Due to their popularity, viewings for the cottages are generally arranged for early Friday afternoons.
Grounds In total, the property extends to approximately 4.54 acres (1.84 hectares) and occupies a gently sloping site.
Close to the house and cottages are well-maintained formal gardens, which give way to sweeping lawns bordered by traditional hedge banks and an enlarged wildlife pond.
Beyond a post-and-rail fence lies a meadow, offering ample space for grazing animals or further enjoyment of the land.
Parking & Outbuildings There are three generous parking areas, with one allocated to each property. In addition to a large stone-built workshop/shed, there are substantial adjoining log stores.
Within the garden, a timber mower shed is fitted with a photovoltaic (pv) panel, providing a practical and sustainable solution for equipment storage. Services Mains water and electric.
Private drainage to treatment plant. Oil-fired central heating to house and cottages. Fibre broadband available up to 1,000 Mbps, mobile signal on EE, Three, Vodafone and O2 (Ofcom).
Directions What3Words: ///vets.music.revealing
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.
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FAQ
About Bidwell Farm, Honiton
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