We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · EX18 7BL
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled just steps from the heart of Chulmleigh, this enchanting two-bedroom character cottage, “The Old Buttery,” offers a unique blend of charm and modern comforts.
Boasting a quiet yet central position, it is ideally suited for first-time buyers, savvy investors, or those seeking a picturesque holiday home in delightful rural Devon.
Traditional rendered elevations under a classic slate roof evoke the property's storied heritage, while inside, contemporary living awaits.
The recently decorated ground floor features an inviting living room with impressive double-glazed windows, deep sills brimming with character, and plenty of natural light.
There is ample space for a corner sofa set beneath the accent feature wall, making an ideal spot to relax and unwind after a day exploring the area.
Wood-effect flooring perfectly complements the neutral décor, and a clever under-stairs cupboard provides practical storage solutions.
The stylishly fitted kitchen provides everything for the modern home cook, including an integrated oven, hob, and dishwasher, with designated space for a washing machine.
Flowing effortlessly from the kitchen is the boutique dining area—a unique highlight enhanced by another characterful feature wall, ideal for entertaining or intimate evenings at home.
Upstairs, the landing offers access to the insulated roof void.
There are two charming bedrooms: bedroom one is a generous double, dual-aspect with a dormer window to the front and a Velux skylight to the rear; bedroom two, also a double, features its own dormer window for the perfect peaceful outlook.
The bathroom presents a white suite with panelled bath and shower attachment, pedestal washbasin, close-coupled W.C. and tiled surrounds.
Outside, unrestricted on-road parking directly in front of the cottage offers convenient and flexible options.
Surrounding the property is the lively town of Chulmleigh, celebrated for its welcoming community, attractive independent shops, two pubs, and outstanding schooling at Chulmleigh Academy, catering for children from ages 3 to 16.
Practical amenities include a health centre, dental surgery, library, and local sports centre, while keen golfers will value both the short course in town and nearby clubs, including Libbaton and High Bullen.
For travel, Eggesford railway station, less than two miles away, offers regular rail links to Exeter and Barnstaple.
Larger centres such as South Molton and Crediton provide extensive shopping, entertainment, and comprehensive facilities.
For commuters, the M5 (Junction 27), Tiverton Parkway mainline station, and Exeter International Airport are all within easy reach—making regional and national travel smooth and straightforward.
The wider significance of Devon's countryside provides opportunities for walking, cycling, fishing in local rivers, tennis, golf, rugby, sailing, and exploring the dramatic North Devon coast—less than an hour away.
With NO ONWARD CHAIN, this delightful property is a rare find in excellent condition, brimming with charm and ready for immediate occupation.
Viewing is highly recommended to appreciate everything “The Old Buttery” and its enticing surroundings have to offer. Contact us today to secure your appointment.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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

FAQ
About 1 Leigh Road, Chulmleigh, Devon, EX18
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