2-bedroom house · EX11 1PA
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer an opportunity to purchase this beautifully presented two-bedroom terrace cottage located in the village of Alfington which offers convenient access to the nearby town of Ottery St Mary and the A30, with no onward chain!
The accommodation comprises; a lounge with feature fireplace and wood-burning fire, separate dining room and kitchen with a range of base units, worktop surfaces, built-in oven and hob.
On the first floor there are two bedrooms and a shower room. The property has night storage heaters and is on shared private drainage.
Outside: To the rear of the property is a right of access for the adjoining cottages. Steps lead up to a brick paved patio, artificial lawned garden with pergola - all attractively landscaped.
There is also a carport nearby (4.18m x 2.58m) offering off-road parking.
Directions: From Ottery St Mary Town Centre, proceed via Silver Street onto Paternoster Row and North Street and continue straight on until you reach the village of Alfington.
Proceed through the village and just as you approach the hill, the cottages will be in your left.
Location: Positioned in a tucked away location on the edge of the small village of Alfington, the property is well-placed for access to the B3177, which links to the A30 and Ottery St Mary, along with a regular bus service.
Alfington has a church and a small village hall, whilst Ottery St Mary, home to the well-respected King's School, has a host of independent shops, pubs, restaurants, a large Sainsburys store, a sports and leisure centre and a doctor's surgery with regular buses into Honiton and Exeter.
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 2 Rock Cottages, Alfington, Ottery St Mary
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