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See how verdicts work3-bedroom detached house · EX36 3QW
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A character cottage set in a large plot of mature gardens. Living/dining room, sitting room/snug, kitchen, utility/boot room, bathroom and three bedrooms.
Highly accessible location and scope for modernisation. Parking for multiple vehicles and useful outbuilding/workshop.
EPC Band D Situation And Amenities - Woodbine Cottage is set in an accessible location only one mile from the village of Bishops Nympton which has a good village shop/Post Office, village hall and primary school.
The popular market town of South Molton is approximately 3 miles to the west and provides a good range of range of amenities, including an award winning pannier market, independent shops, cafes and restaurants, Sainsbury’s supermarket, health centre and cottage hospital.
The larger town of Barnstaple is approximately 14 miles, with a wide range of high street shops, retail parks and large supermarkets.
The A361 is only a short distance away and provides trunk road access to Tiverton to the east and further on to the M5 and Tiverton Parkway train station (London Paddington 2 hours).
Description - Primarily of rendered stone/cob construction under an artificial slate roof, Woodbine Cottage is an appealing period cottage (not listed) which does offer scope for modernisation.
The cottage is set in a large plot of mature gardens and grounds of closely approaching half an acre with a useful outbuilding/workshop and plenty of parking for multiple vehicles.
Accommodation - An OPEN PORCH with seating has a front door leading into the double aspect LIVING/DINING ROOM with exposed wall and ceiling timbers and a large stone fireplace with bread oven and wood burning stove, glazed double doors to the gardens and door and stairs to the first floor.
To the lower side is a double aspect SITTING ROOM/SNUG with fireplace and bread oven.
The KITCHEN/BREAKFAST ROOM has a tiled floor, window seat and is fitted with a modern range of units with worktops over, matching wall units, stainless steel sink, space for electric cooker with hood above and under-stairs cupboard.
Off this room is a UTILITY/BOOT ROOM with plumbing for washing machine, door to outside and door into a CLOAKROOM with WC.
Off the living/dining room is a BATHROOM fitted with a panelled bath, bidet, WC and pedestal wash basin.
On the FIRST FLOOR the LANDING leads to THREE DOUBLE BEDROOMS with bedroom 1 having fitted bedroom furniture and bedroom 2 a window seat and airing cupboard.
Outside - The property is approached off a country lane that passes by the front of the cottage.
To the higher side, vehicular access leads to a large parking area for multiple vehicles and to a useful and adaptable OUTBUILDING/WORKSHOP.
The large mature gardens and grounds lie to the rear and lower side of the cottage and are mainly laid to grass/lawn with mature shrub borders and bounded by mature trees. Aluminium framed GREENHOUSE.
In total the property extends to 0.47 ACRES.
Services And Further Information - Mains electricity and water, private drainage system (believed to be septic tank and soakaway - compliance with General Binding Rules is unknown.
Purchasers to satisfy themselves with their own inspection.). Multi-fuel stove with back boiler providing hot water and central heating via radiators.
Mobile - Coverage available from all major providers (Ofcom). Broadband - Standard broadband is available (Ofcom).
Viewing - Strictly by confirmed prior appointment please through the sole selling agents, Stags on .
Directions - From South Molton proceed eastwards out of town on the B3227 and continue for about two miles.
At Bishmill Gate roundabout take the 3rd exit towards Tiverton and continue for about a mile and turn right signposted to Newtown and 'Services'.
Follow this road around to the left, passing the entrance to the service station, and take the next right turn. The property will be found soon after on the right.
What3words Ref: hammocks.pines.served
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
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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
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FAQ
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