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See how verdicts work4-bedroom detached house · EX14 3JJ
For saleListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full planning permission (ref: 24/0433/ful) has been granted for the conversion of a traditional agricultural building into a substantial four-bedroom home of approximately 2,583 sq ft (240 sqm).
The approved plans provide for a striking residence blending period charm with contemporary living.
The proposed layout includes three ensuite bedrooms and a further double bedroom, together with a spacious open-plan kitchen, dining, and living area.
The ground floor will also accommodate a lounge, utility room, and home office, while a sympathetic timber-framed extension will enhance the building’s original character.
Significant preparatory work has already been completed, with conditions from a previous planning application (20/0199/ful) discharged, including those relating to archaeology, fencing, landscaping, and courtyard surface finishes.
A new private access road has been approved as part of the scheme, ensuring a sweeping and exclusive approach.
This barn presents an opportunity to create a bespoke family home in a peaceful yet accessible East Devon setting.
For those wishing to explore a grand design concept, there may be scope (subject to the necessary consents) to combine with Lot 2 to form one impressive single residence.
Location Lower Cheriton sits within beautiful East Devon countryside, yet enjoys excellent transport links.
The A30 and M5 are within easy reach, Exeter Airport offers flights to the UK and Europe, and Tiverton Parkway provides direct services to London Paddington in under 2 hours 30 minutes.
The Jurassic Coast, a unesco World Heritage site, lies only a short drive away. Tenure: Freehold Local Authority: East Devon District Council cil: Enquire with agent
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 Lot 1, Lower Cheriton Farm Barns, Cheriton Farm, Honiton
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