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See how verdicts work4-bedroom bungalow · EX16 9JZ
For saleListed 192 days
Opportunity summary
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About
A superb holiday lodge with river frontage and gardens of approximately one acre, situated in the beautiful Exe Valley. Holiday let use only.
Valley Lodge is situated in an idyllic, rural location on the banks of the River Exe in the pretty hamlet of Oakfordbridge.
The property lies in a highly desirable holiday location close to the Exmoor National Park and is conveniently located within 3 miles of Bampton and 5 miles of Dulverton, both providing excellent local amenities including some lovely shops, pubs, eateries, primary schools, veterinary and doctor surgeries.
This whole area is renowned for its outstanding natural beauty with its beautiful deep wooded valleys and heather moors ideal for riding, walking, fishing, wildlife, and sailing on Wimbleball Lake.
The property is easily accessible with Junction 27 of the M5 and its adjoining Tiverton Parkway Station just 13 miles away or a 25 minute drive.
Valley Lodge is a superb, single storey wooden lodge, situated in an elevated position on the banks of the River Exe in the beautiful Exe Valley.
This four bedroom lodge has a traditional log cabin style finish throughout with a large garden and extensive river frontage.
The accommodation is deceptively spacious and has a light and airy feel with all rooms reaching into the eaves.
There is a generous open plan living area with kitchen comprising white fitted units with a double oven and space for dishwasher and fridge.
A particular delight is the master bedroom with an en-suite bathroom and double doors that open on to a veranda with views over the River and beyond.
In addition, there are three further bedrooms, all served by a family bathroom with both a bath and separate shower.
In addition, situated off the hallway, there is a cloakroom, utility cupboard and a useful storage cupboard. The lodge benefits from propane central heating, cavity wall insulation and double glazing.
The property is approached over a shared private drive. To the front of the property there is a parking area with space for several vehicles.
Outside the property is a large, gravelled terrace, ideal for sitting out and enjoying the delightful outlook over the garden and river.
The gardens provide a most private and tranquil setting, mostly laid to lawn with frontage to the River Exe. The garden adjoins a further area of land which also has frontage to the River Exe.
Please see the floor plan for the dimensions. Internal photos have been taken with a wide angle lens to show more of the rooms. Agents Note: The property is restricted to holiday let useage only.
Further information is available from the selling agents. Planning Permission no. 06/01287/full. Mid Devon District Council. Services: Mains water, electricity and private drainage.
Propane gas for central heating. Tenure: Freehold Local Authority: Mid Devon District Council, Tiverton. Flooding: The property is located in Flood Zone 3.
Please contact the selling agent for further details.
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.
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FAQ
About Valley Lodge, Wonham, Tiverton
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