5-bedroom house · EX5 4ED
For saleReduced £50k (−6.1%) on 21 JunListed 234 days
Opportunity summary
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About
A detached three/four bedroom thatched cottage offering a wealth of characterful accommodation with exceptional views across the surrounding Devon countryside.
The property benefits from a detached one-bedroom annexe and several outbuildings and enjoys beautiful gardens that extend to just under half an acre.
The cottage lies in a popular village in the desirable Exe Valley, just four miles north of Exeter.
On the ground floor, the entrance hall leads to two beautifully presented reception rooms of similar proportions, currently used as a sitting room and drawing room.
Both benefit from south-facing aspects with plenty of natural light, as well as impressive original fireplaces fitted with wood burning stoves.
From the sitting room there is access to the conservatory which features three sets of French doors that open onto the garden and offer panoramic views across the surrounding countryside.
The ground floor also includes a useful study or potential fifth bedroom, a formal dining room and a well-equipped kitchen, with shaker-style fitted units, terracotta floor tiles, a split butler sink and a range cooker.
The kitchen also features exposed timber beams overhead and French doors that open onto a terrace. A cloakroom completes the accommodation on the ground floor.
Upstairs, there are three well-proportioned double bedrooms including a generous principal suite with built-in storage and an en suite shower room fitted with dual washbasins and a walk-in rainfall shower.
The first floor also has a family bathroom with an over-bath shower.
The detached annexe provides further attractive and versatile accommodation, featuring an additional bedroom complete with an en suite shower room.
Ideal for multi-generational living or guest accommodation, the annexe provides a flexible space to suit a variety of needs.
The house is set on a generous plot with gardens extending to just under half an acre.
The entrance for vehicles is at the rear, where five-bar wooden gates open to a driveway with parking space for several cars, and access to the detached carport, workshop and store.
The garden at the rear has an area of lawn bordered by mature trees and hedgerows, with a garden office at the end of the plot, which has bi-fold doors opening to a deck that overlooks the surrounding fields.
At the side of the house there is a large patio area for al fresco dining, while at the front, the garden includes further rolling lawns, mature trees, a vegetable garden with raised beds and a greenhouse.
The property lies just outside the small village community of Stoke Canon in the Exe Valley, just four miles north of Exeter.
The village offers several local amenities, including a village shop and post office, a local pub, a parish church and a primary school.
The popular village of Brampford Speke is also close by offering further amenities including a well-regarded pub, The Agricultural Inn.
The immediate area also offers many walking, riding and cycling routes to explore. For other everyday needs, the vibrant and thriving city of Exeter is close-at-hand.
The city offers great business facilities together with open-air markets, restaurants, cafés and wine bars.
Exeter is also well served with a good range of leisure and cultural amenities, including theatres, museums, galleries and cinemas and substantial shopping facilities.
The property benefits from easy access to the M5 motorway, while Exeter St. David’s provides regular mainline rail services towards London Paddington, taking just over two hours.
Exeter Airport offers an ever increasing number of flights to domestic and international destinations. Local Authority: East Devon District Council Services: Mains electricity and gas. Private water.
New thatch to front elevation 5 years ago Private drainage which is compliant with current regulations (new septic tank installed March 2026).
Mobile and Broadband checker: Information can be found here Council Tax: Band E EPC Rating: D Wayleaves and easements: The property is sold subject to any wayleaves or easements, whether mentioned in these particulars or not
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 Steers Cottage,, Stoke Canon, Devon
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