2-bedroom house · EX31 4EY
For saleReduced £10k (−2.9%) on 20 MayListed 420 days
Opportunity summary
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About
No onward chain. Enjoying breathtaking rural views, Primrose Bank Cottage is a charming two-bedroom home set in the heart of the Devon countryside.
With beamed ceilings, an inglenook fireplace and two-thirds of an acre of gardens, woodland and outbuildings, it combines character and tranquillity with excellent potential to extend (STPP).
Description - Primrose Bank is a charming two-bedroom cottage set in the heart of the Devon countryside, full of traditional character and original features including beamed ceilings and a delightful inglenook fireplace.
The ground floor offers a spacious living/dining room with exposed beams, slate flooring and feature fireplace, together with a well-equipped kitchen.
Upstairs, there are two double bedrooms enjoying far-reaching countryside views, along with a modern bathroom fitted with a three-piece suite.
Outside, the cottage is approached via off-road parking and sits within approximately two-thirds of an acre of beautifully maintained gardens.
These include sweeping lawns, an elevated decking area perfect for entertaining, and 2 outbuildings that take full advantage of the panoramic views.
The garden also features a section of woodland and an array of mature herbaceous plants and shrubs.
The property also offers excellent scope for extension, subject to the necessary planning consents (planning was granted in principle when last purchased), making it an exciting opportunity for buyers seeking a countryside retreat with further potential.
Lounge/Dining Room - 6.55 x 3.35 (21'5" x 10'11") - Kitchen - 3.33 x 1.63 (10'11" x 5'4") - Bedroom 1 - 3.35 x 3.56 (10'11" x 11'8") - Bedroom 2 - 3.20 x 2.18 (10'5" x 7'1") - Bathroom - 2.29 x 1.68 (7'6" x 5'6") - Gardens / Parking - The property benefits from a two third of an acre plot consisting of large lawned area with range of broad leaf trees and path leading to elevated decking area commanding stunning views across surrounding countryside.
There is also a range of outbuildings and large wooded coppice area. There is also off road parking for 2 cars.
Information - Age - 1900 Tenure - Freehold Heating - LPG Heating and Water Drainage - Mains Windows - UPVC double glazing throughout Council Tax - Tax band C EPC Rating - D Nearest Town - Barnstaple 4.5 miles Nearest Bus Stop - Muddiford Inn - 1 minute walk Seller's position - No onward chain Note - For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
Some photographs may have been taken using a wide angle lens. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings, if there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.
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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