3-bedroom terraced house · EX15 3SL
For saleReduced £20k (−6.3%) on 21 JunListed 241 days
Opportunity summary
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About
The house is situated in a slightly elevated position in this ever-popular village with delightful views across the river meadows and river Culm on the other side of the road.
It is set well back from the road itself and the front garden offers potential to create additional off-road parking if so desired (subject to any necessary planning consent).
The accommodation benefits from Calor gas-fired central heating (from a communal and individually metered supply) UPVC double glazing. The hall has a cloakroom with a washbasin and WC.
The dining room overlooks the rear garden and has a door onto the patio. It opens into the dual-aspect sitting room and has French doors to the rear garden.
The kitchen/breakfast room is very well-fitted with matching modern units which include a stainless-steel sink unit set within roll-edged worktops with tiled splashbacks, an integrated electric oven, a gas hob, downlighters, plumbing for a washing machine and space for a fridge freezer.
Upstairs there is a spacious landing and three bedrooms all with attractive open views. The bathroom incorporates a white suite with a shower over the bath.
Outside To the rear there is an enclosed garden with a patio and a private driveway accessed via a pair of timber gates to Rack Field Drive.
It includes a superb summerhouse with a wood burner and a very useful adjoining store. The spacious garage includes the gas central heating boiler.
Location Hemyock is situated in the beautiful Blackdown Hills, designated a ‘National Landscape’, and is just 8 miles north of Honiton (on the A30/A303) and 10 miles from Taunton and the M5.
Rail links to London are available at both Honiton, Tiverton Parkway, and at Taunton.
Excellent local amenities include a pub, church, a highly-rated doctors surgery, primary school, an outdoor bowling club, Post Office, general stores and bus stops with connections to Honiton and Taunton.
The village also offers the Blackdown Healthy Living Centre which provides offers Pilates, yoga, massage therapists, and other clubs and classes.
Directions From the church and ‘The Catherine Wheel’ pub in the village centre, proceed along Fore Street (signposted parish hall). Continue through the village into Station Road.
Follow the road to the edge of the village, cross over the river bridge and turn next right into Lower Millhayes. No.8 will be found on the left after the turning into Rack Field Drive.
What3words; Passport.rebel.cope
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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About 8 Lower Millhayes, Hemyock, Cullompton
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