2-bedroom semi-detached house · EX15 1DW
For saleListed 205 days
Opportunity summary
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About
A characterful semi-detached cottage requiring updating with a south-westerly facing garden. Situated in a central position within walking distance of the town amenities. No onward chain.
Longdescription - This classic town cottage offers huge potential for those looking for a property to modernise and configure to their own personal taste, within easy walking distance of the sports centre, supermarket and town centre!
The accommodation could be reconfigured and there is good space with two reception rooms downstairs with a decent sized sitting room.
The property is heated with gas central heating, with a back boiler behind the fire in the sitting room, and is double glazed throughout.
Upstairs, there are two double bedrooms, with built in wardrobes.
Outside, there is a small forecourt by the porch, ideal for potted plants and a seat in the afternoon sun, and to the rear, a fantastic garden with a sunny, south-westerly facing patio, bordering the stream or leat.
Wooden steps lead over this to a long area of fenced lawn.
Services: Mains electricity, water, drainage and gas Tenure: Freehold Council Tax: B Local Authority: Mid Devon District Council Cullompton has a range of shops including 'Veyseys', an award-winning butcher's, Tesco, Aldi and Home Bargains supermarkets, take-aways and popular cafes including, 'The Bakehouse', 'The Lime Tree' and 'Nosh'.
Other amenities include two primary schools, Cullompton Community College for secondary education, a contemporary health centre, leisure centre, a library and community centre, a doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
From the town, there are popular walks through the river meadows, adjoining the River Culm, and other routes along the town’s leat, as well as country lanes closer to the property.
Cullompton is ideally placed for commuting, with quick access to Exeter via J28 of the M5 or the B3181 main road through Broadclyst and Pinhoe.
There are regular bus services through the town and rail links at Tiverton Parkway and Honiton stations, to London Paddington (in 2 hours) and London Waterloo, respectively.
The 'Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport. Exeter c.14 miles Taunton c.
23 miles Tiverton c. 7 miles Tiverton Parkway Station c. 6 miles Honiton c. 11 miles Please see the floor plan for the dimensions.
The photos have been taken with a wide angle lens to show more of the rooms.
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 Leatside Cottage, 14 Duke Street, Cullompton
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