1-bedroom detached house · EX17 3QF
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Tractor Shed is located on the grounds of the former convent Near Posbury and is a bespoke, one bed property offering tranquil rural location with outside space, parking and lovely views as well as the convenience of being able to access Crediton in 10 minutes and the centre of Exeter inside 30 minutes.
The purpose built property offers an ideal retreat with open plan living space and kitchen along with good sized double bedroom, shower room and separate wc.
The property is presented in excellent condition throughout and enjoys lots of natural light.
The property is also fully double glazed with air source heat pump along with solar panels and battery power storage.
Outside, there is parking for two cars, patio walkway around the outside and planted borders.
Terms: Available - Now Rent - £850pcm Deposit - £850 Protected with the Deposit Protection Scheme (dps) EPC - tbc Heating - Air source heat pump with solar and battery install Partially furnished or unfurnished Pets - Considered Utilities - Bore hole and septic tank Council Tax - Band A Parking - Yes Tenancy Type - Assured Periodic Tenancy Broadband - Check local providers and speeds at Mobile Signal - Coverage varies by network.
Check your provider at Redress Scheme - Helmores is a member of The Property Ombudsman (TPO) Client Money Protection - Helmores is covered by Propertymark Client Money Protection Tenant Checks - All applicants will undergo full referencing and must meet Right to Rent requirements.
Government guidance : Tenant Fees - No other tenant fees apply under the Tenant Fees Act 2019.
Directions: For sat nav purposes, please use the postcode or property address What3words - ///elsewhere.served.alongside
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Tractor Shed, Crediton
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