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See how verdicts work3-bedroom house · EX10 0BH
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This handsome detached Grade II listed residence occupies a generously sized, mostly level plot, enjoying large southerly facing gardens and is conveniently positioned within a short distance of a selection of amenities offered within the village.
The property is believed to have been originally constructed in the 18th century forming part of Clinton Devon Estates until 1975.
There is a modern gas fired central heating and hot water system, partial rewiring and the installation of double glazed windows.
The property was re thatched in 2012 with further works carried out to the ridges in 2020.
The accommodation is consistently well proportioned throughout briefly comprising of a rear entrance porch with pitch slate tiled roof and tiled flooring leading to a hallway with stairs rising to the first floor.
The living room is a comfortably sized reception area with a fabulous inglenook fireplace with oak bressummer fitted with a wood burning stove positioned on a raised brick hearth and surround including an original bakers oven.
A separate room adjoins the living area currently set up as a games room but would serve very well as a study or occasional ground floor bedroom.
The dining room is a generously sized, dual aspect, reception room with windows overlooking both the front and across the rear gardens and second fireplace with tiled hearth and surround and wooden mantle.
The room will accommodate a full dining suite with additional space for extra living room furniture if required.
The kitchen/breakfast room is another superbly sized, triple aspect room perfectly designed for modern family living.
The kitchen has an extensive range of base and wall mounted cream fronted units with island worksurface and breakfast bar.
There is plenty of room for an additional breakfast table and southerly facing sliding doors offering direct access onto the rear gardens.
There are three double bedrooms and a bathroom at first floor level.
Bedroom 1 is a comfortably sized double bedroom with southerly facing window overlooking the rear gardens, cast iron fireplace and large walk in cupboard.
Bedroom 2 is another comfortable double room also with southerly facing window and cast iron fireplace.
Bedroom 3 is a standard double room with northerly facing window with deep sil overlooking the front.
The luxurious bathroom has been refitted in recent years comprising a modern white suite with large corner shower cubicle, panelled bath with overhead shower attachment, wash basin with surrounding storage and vanity unit and low level wc with concealed cistern.
The property is more frequently accessed from the rear where the parking is located.
There is an oak framed double open bay garage with a pitched slate tiled roof and gravelled driveway offering off road parking for several vehicles.
Beyond the driveway is a gate which opens onto the rear gardens and a stone tiled path that cuts through the lawn towards the back door.
A concrete path leads around the entire property with access to the front. The southerly facing rear gardens are mostly laid to lawn and enjoy a great degree of privacy.
The southern boundary is screened by tall hedging with a selection of specimen shrubs and trees which have been thoughtfully positioned across the plot.
The gardens are relatively flat and offer the perfect space for entertaining. A fabulous opportunity to acquire a family sized home on a generous plot. Early inspection recommended.
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.
Area
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FAQ
About Parsons Farm, Exeter Road, Sidmouth
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