3-bedroom house · EX13 5UA
For saleReduced £20k (−6.2%) on 23 OctListed 176 days
Opportunity summary
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About
A well proportioned three bedroom semi detached house now in need of some general improvement occupying good size grounds providing ample parking and rural views.
The Property Marabe comprises a three bedroom semi-detached house which has been in the same family ownership for nearly 60 years, built with rendered elevations under a slate roof.
Although it enjoys an oil fired central heating system and partial double glazing some general improvement and updating may now be appropriate.
There are two principal reception rooms, one of which enjoys an inglenook-style fireplace alongside a UPVC double glazed conservatory with the further potential of enlargement subject to any necessary consents.
On the first floor are three double bedrooms, all of which enjoy rural views over open countryside.
A particular feature is the site and situ occupying a level site providing ample parking and various outbuildings all of which adjoin countryside.
Situation The property is nestled in a delightful semi-rural setting with views over the surrounding countryside, close to the Devon/Dorset border on the southern outskirts of this popular village.
Hawkchurch has an active community with many societies, primary school, village inn, holiday resort and spa, 12th century church and recently expanded community shop.
The Jurassic Coast World Heritage site and famed resort of Lyme Regis are about 6 miles away.
This popular resort with its famous Cobb and sandy beach, provides a range of independent shops and restaurants.
The market town of Axminster (4 miles) offers all the facilities one would expect from a small market town including supermarkets, doctor’s surgery and recreational facilities including a sports centre and swimming pool.
A main line station providing access to London Waterloo and the home of River Cottage HQ situated in the nearby Trinity Hill area.
Despite its tranquil setting this property is well placed with excellent transport connections both east and west with the A30/A303 and the A35 coast roads.
The Cathedral city of Exeter is easily accessible with its excellent shopping facilities, theatres, national league sports clubs, international airport and access to the M5.
Outside The property is approached by a gravel driveway providing ample parking leading to the detached garage.
The majority of the grounds lie to the side of the property with an area of lawn and various gravel terraced areas incorporating numerous outbuildings whilst backing onto open countryside.
Local Authority East Devon District Council Blackdown House, Border Road, Heathpark Industrial Estate, Honiton, EX14 1EJ.
Tel : Council Tax Band C Services Mains Electric & Water Private drainage Superfast broadband and mobile network coverage are available in the area.
Please refer to Ofcom's website for further details. Material Information The property is at very low risk of flooding from both rivers & seas and surface water.
Source- Our client is unsure that the current private drainage system complies with BSEN12566-3.
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 Marabe, Castle Cross, Axminster
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