4-bedroom semi-detached house · EX20 2NG
Listing removedListed 255 days
Opportunity summary
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About
This substantial family residence is well positioned for village lifestyle, location is key here where the property is situated a short walk from the popular Taw River Inn and village store/café.
Close by in the neighbouring village of South Zeal are Primary School & Pre School facilities. Dartmoor National Park and numerous rural walks are also on your door step.
There are convenient road links towards the A30 dual carriageway providing access to the Cathedral City Of Exeter, M5 and beyond.
The internal accommodation is spacious and well balanced throughout which offers multiple reception rooms and 4 or 5 bedrooms.
The gardens wrap around the property which are level and house a useful two storey barn/workshop.
Council Tax Band: D (West Devon Borough Council) Tenure: Freehold Property Location Sticklepath is a large village located about 3.5 miles east of Okehampton, within the District of West Devon.
Lying in the valley of the River Taw, close to a crossing point, it is on the major route from Exeter to Okehampton and on to Launceston.
The name is said to be derived from the old ‘stickle’ or steep path that the route followed until improvement around 1829.
Entrance Porch Entrance Hall Snug 3.927m x 3.93m Living Room/Dining Room 3.482m x 3.509m Kitchen/Dining/Family Room 3.753m x 4.684m Conservatory 3.54m x 1.52m First Floor Landing 1.63m x 6.79m Bedroom 3.766m x 2.522m Bathroom 2.467m x 2.56m Bedroom 5.232m x 3.932m Bedroom 3.474m x 3.461m Loft room 3.986m x 5.191m Work Shop 2.41m x 3.58m Material Information Services: Mains - Water, Sewage & Electricity.
Broadband: Standard & Superfast Likely (OFCOM) Mobile: All carriers limited (OFCOM)
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 Southernwood, Willey Lane, Okehampton
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