5-bedroom detached house · EX14 9BS
For saleListed 45 days
Opportunity summary
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About
A four-bedroom barn conversion with versatile living accommodation, located in the centre of a sought-after village Situation Parkhayes is situated in the heart of the popular village of Stockland, in a conservation area within the Blackdown Hills aonb.
The village has a wonderful community, with a community owned pub, church, village hall and well respected primary school.
The nearby market towns of Honiton and Axminster offer a good range of amenities and train stations on the London Waterloo line.
The A30 provides access to the M5 and Exeter, which has excellent facilities and an international airport.
Description An exceptional and stylish conversion of a period barn, blending characterful features with well-designed living space.
The ground floor accommodation is entered via an entrance hall, leading through to a spacious kitchen-dining room with central island and oil-fired range cooker.
The main sitting room features a wood-burning stove and a door opening directly onto the garden. Stairs rise from the sitting room to a generous double bedroom with bathroom.
A vaulted landing overlooking the kitchen-dining area leads to three further bedrooms, one with en-suite facilities, along with plumbing in place for two additional bathrooms.
The principal bedroom benefits from a dressing room and access to a private balcony.
A second staircase returns to the ground floor entrance hall, where there is a useful utility room and downstairs WC.
This area also provides access to an additional sitting room, shower room and study, previously used as ancillary accommodation. A door from the study opens directly into the garage.
Outside Parkhayes is approached via a private driveway, providing ample parking for several vehicles, and benefits from an integral garage.
The gardens are predominantly laid to lawn, bordered by a variety of established shrubs and bushes, creating a pleasant and well-enclosed setting.
A stream gently runs through the garden, complete with a charming footbridge. An outbuilding within the grounds has been thoughtfully converted to provide ancillary accommodation.
Annexe The current owners have converted the garden outbuilding into a well-appointed and beautifully presented annexe, currently used as Airbnb accommodation.
Comprising of a double bedroom, shower room and open-plan kitchen/living area. Services Mains water and electric. Oil central heating and wood burner. Sewage treatment plant.
Superfast broadband available. Outdoor mobile signal with all major networks (Ofcom, 2026)
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.
Area
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FAQ
About Parkhayes, Stockland, Honiton
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