We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom detached house · EX15 3QY
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION The property occupies a delightful rural position at Madford, a small hamlet of cottages and farms, lying in the Blackdown Hills Area of Outstanding Natural Beauty, overlooking the historic Dunkeswell Abbey.
Enjoying an elevated position, the property has fine country views and is widely regarded as being some of the most attractive countryside in the county.
The village of Hemyock lies approximately 2 miles to the north and provides a thriving local community with its primary school, parish church, village stores, doctor's surgery and public house, whilst the larger centres of Wellington and Honiton both offer a good range of everyday shopping, banking and scholastic services, including primary and secondary schooling as well as the renowned Wellington School.
Taunton lies within 12.5 miles of the property affording an extensive range of commercial, educational and recreational facilities befitting those of an important regional and administrative centre, together with a wide range of primary, secondary and further education facilities, including three noted public schools.
Despite its rural position the property enjoys easy access to the surrounding districts and further afield with access to the M5 motorway available at Wellington (J26) whilst main line rail services are also available at Taunton, Honiton and Tiverton Parkway.
Access to the A303 trunk route at Honiton provides an easy link to London and the South East, with international airports at Exeter and Bristol.
THE PROPERTY Madford Farm is a wonderful detached property situated to the edge of Hemyock enjoying far-reaching countryside views, with the added benefit of a one-bedroom annexe and a two-bedroom ancillary barn conversion.
The property offers modern and spacious accommodation, ideal for supporting multi-generational family living, with the added benefit of a acre of land.
The oil centrally heated accommodation has an entrance hall which leads to the lovely well-proportioned dining room with a rear aspect towards the gardens, The modern kitchen has plenty of storage, Oil-fired Aga, integral electric oven with hob over, a door leads into the Utility/Boot Room.
The charming sitting room has masses of character with a lovely feature inglenook fireplace with a wood burner, ceiling beams and window seat.
Also, on the ground-floor is a further reception room which could be used as a snug or study and a shower room.
On the first-floor are the five double bedrooms, two en-suite bath/shower rooms and the large triple aspect family bathroom.
One of the most notable features has to be the incredibly large triple aspect first-floor family-room which has many potential uses as a games room/bedroom with a wood burner.
STUDIO Providing ancillary accommodation for a one/two bedroom barn conversion, the recently completed underfloor heated accommodation has a large glass fronted entrance hall with a beautiful new shower room, a door leads into the dual aspect double bedroom.
External French doors lead into the large separate studio area, providing a fantastic work, recreation or entertaining space. This area is surrounded with an elevated timber decked veranda.
GARDENS & GROUNDS Approached from the village lane, double five-bar gates lead onto the brick-paved driveway which provides ample parking and leads to the large Car Port and Store.
To the left of the property, a paved pathway leads to the large lawned gardens interspersed with a variety of mature shrubs and trees which provide year-round color and interest.
The gardens are bordered by a low flower border, vegetable beds and raised beds along the brick wall area.
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 advisers 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

FAQ
About Hemyock, Cullompton, Devon
Explore nearby