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 · EX5 5AA
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Huge plot - must see! 2/3 bedrooms, 2 bathrooms, private allotment, far reaching country views, garage, original features, workshop.
Charming Grade II Listed Property on a Generous Plot – The Devon Dream Welcome to this quintessential Devon retreat – a charming Grade II listed thatched cottage set on an expansive plot in the peaceful village of Half Moon, just 15 minutes from Exeter city centre and local amenities.
This property perfectly balances rural tranquillity with city convenience.
Brimming with character, the home boasts a beautifully maintained thatched roof, original period features, and a stunning fireplace..
Outdoor Living at Its Best If you love the outdoors, this is the home for you.
Enjoy far-reaching countryside views, sheep for neighbours, and a generous allotment where you can grow your own vegetables.
The grounds include an established grapevine, plum tree, and an abundance of berry bushes – with space for many more.
A traditional lawn and patio area provide the perfect setting for al fresco dining. The plot also includes multiple flexible-use spaces and a detached outbuilding.
Currently used as a workshop, this could easily be transformed into a summerhouse, home office, or creative studio. Flexible Interior Spaces The property is best accessed from the rear driveway.
Inside, you'll find a versatile layout with multiple rooms that have served various purposes over the years.
The current lounge opens out to the garden via double doors and connects to a downstairs bathroom – this area was previously used as an annex, ideal for multigenerational living.
A large conservatory overlooks adjacent fields and is currently used as an entertaining space, though it once served as the main lounge.
The kitchen has been sympathetically modernised, retaining its original charm while offering ample storage, worktop space, and access to a large walk-in pantry.
An open-plan area connects the dining room with a cosy office nook and features the stunning fireplace mentioned earlier – a warm and inviting heart of the home.
Upstairs Living Upstairs, there are two generous double bedrooms, a family bathroom, and multiple storage cupboards.
Additional Features Garage and off-road parking for 3+ cars Beautifully maintained thatched roof Peaceful village location with easy access to Exeter Potential for annex or home office use This home offers the perfect blend of character, charm, and rural lifestyle – a true slice of the Devon dream.
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.
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FAQ
About Rose Cottage, Exeter
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