2-bedroom house · EX24 6LB
For saleListed 378 days
Opportunity summary
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About
Ref: 1196564, Corner Cottage, King Street, Colyton Corner Cottage is a Grade II listed home with origins in the 18th century and a later early 19th-century extension, set in the historic heart of Colyton.
This is a house of character and individuality, with flagstone floors, exposed stonework, sash windows, and a large brick fireplace all contributing to its sense of heritage.
Accommodation extends across three floors and includes two en-suite double bedrooms, a study with roof terrace access, and welcoming living spaces, while outside there is a private courtyard garden, a roof terrace, and a garage.
The Property as It Stands The cottage is entered via a courtyard and traditional stable door leading to the hallway.
The galley kitchen offers fitted units, integrated oven and hob, and space for appliances.
From here, the house opens into a larger kitchen/dining room, featuring a Countrychef range cooker and a partial exposed painted stone wall, with space for a dining table.
A sliding door leads through to the lounge—a generous and atmospheric reception room with flagstone flooring, exposed stone, and a large open fireplace.
A ground floor bathroom with shower and WC completes this level.
The first floor is home to a spacious principal bedroom with feature fireplace and en-suite bathroom, along with a separate study or dressing room that opens directly onto the roof terrace.
On the top floor, a further large bedroom with exposed painted purlins and wooden floorboards provides a light and characterful retreat, served by an en-suite cloakroom.
The outside space is both private and practical, with a walled courtyard garden and a rare roof terrace providing elevated outdoor seating.
The attached garage offers parking, storage, and excellent scope for future reconfiguration.
Colyton and Surroundings Colyton is a small but thriving town in East Devon, steeped in history and surrounded by beautiful countryside.
Its medieval street pattern and historic architecture give it a distinctive character, while its welcoming community, independent shops, cafés, pubs, and regular events make it an attractive place to live.
A primary school and Colyton Grammar School—one of England’s top-performing grammar schools—are both nearby, making the area popular with families.
For everyday needs, Seaton is just 3 miles away, with supermarkets, a wide range of shops, and the beach on the Jurassic Coast.
Axminster lies 6 miles to the east, providing a mainline railway station with regular services to Exeter and London Waterloo.
The cathedral city of Exeter is around 20 miles away, offering a full range of cultural, retail, and transport facilities, including an international airport.
Lyme Regis and Beer are both within easy reach for coastal days out, while the East Devon Area of Outstanding Natural Beauty stretches all around.
Vision and Potential Corner Cottage is ready to be lived in as it stands, but it also offers exciting potential to reimagine its layout and unlock additional light and flow.
Subject to planning permission, the under-utilised garage could be incorporated into the living accommodation in more than one way: Option 1: Re-open the blocked entrance between the kitchen/dining area and remove the ground floor bathroom, creating a larger open space flowing directly into the garage.
With bi-fold doors opening to the courtyard, this could become a bright and spacious dining room. The galley kitchen would then become a utility or ground floor WC.
Option 2: Combine the existing lounge and kitchen/dining room into one large living space, while remodelling the garage and bathroom into a modern kitchen/dining area.
The galley kitchen would again serve as a utility or WC.
Both options would create a home that respects its historic character while being perfectly suited to modern living, with the potential for light, open, and flexible spaces that make the most of the setting.
At a Glance Grade II Listed cottage with 18th-century origins and 19th-century extension Three floors of accommodation with character features Two double bedrooms, both with en-suites Study/dressing room with roof terrace access Spacious lounge with open fireplace and flagstone floor Private walled courtyard garden Roof terrace above garage Garage with power and light Central Colyton location close to shops, cafés, and schools Only 3 miles from the Jurassic Coast at Seaton Around 6 miles to Axminster (mainline rail) and 20 miles to Exeter Excellent potential for reconfiguration (subject to planning)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Corner Cottage, King Street, Colyton
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