2-bedroom house · EX36 4AR
For saleListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to No.1 Mill Street nestled within the heart of the historic market town of South Molton.
This 2-bedroom, mid-terraced, character cottage has recently been renovated and is perfect for those looking to step onto the property market, or those looking to downsize and enjoy the benefits of living close to the town centre.
Ground floor The open-plan ground floor, with oak effect flooring throughout, has been thoughtfully arranged to accommodate a contemporary lifestyle and modern family living.
This generous and versatile space is flooded with natural light from both the large, double-glazed windows and the modern farmhouse kitchen door leading to the decked cottage courtyard; this open plan living provides the space for entertaining guests whatever the weather.
The cosy lounge area with its feature fireplace is perfect for those autumn nights in watching a great movie with a hot chocolate and the modern kitchen/dining area with its oak effect work surfaces, integrated oven/hob and contemporary storage units will soon have you rustling up a Sunday roast for family & friends.
Completing the ground floor is the staircase to the first floor, with 4 bespoke hand-made under-stair cupboards providing a unique solution for storage of those everyday household items.
Upstairs Moving upstairs, you will find 2-double bedrooms and a large family bathroom.
Bedroom 1 has space for a king-size bed and the tallest of wardrobes due to the very high ceilings within this home.
Bedroom 2, a generous double, benefits from a built-in cupboard, but still retains space for additional bedroom furniture.
The family bathroom boasts not only a full-size bath, but a separate shower cubicle, sink & wc; with a skylight providing this spacious room with natural light.
In the garden The decked cottage courtyard provides a tranquil space to relax with a good book and a glass of wine; there is plenty of room to store bicycles etc in the discrete store just off the decked area.
Around the local area Within the South Molton conservation area, Mill Street is close to the town centre, which provides an excellent range of shopping, lifestyle and educational facilities including the award-winning Pannier Market.
Take the A361 link road West to access the aonb of the North Devon coast and the market town of Barnstaple offering unique leisure & recreational experiences.
Alternatively, head East to the M5 (J27) providing easy access to the city of Exeter or the county town of Taunton. Note: Some images may be virtually staged
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 1, MILL STREET, SOUTH MOLTON
Explore nearby