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See how verdicts work3-bedroom house · EX20 4BU
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This characterful detached three bedroom cottage, believed to date back approximately 400 years, is traditionally constructed of cob and stone and offers a rare opportunity to renovate and re-imagine a home rich in history and charm.
Full of original features and with generous proportions throughout, the property provides excellent scope for a buyer to truly put their own stamp on a beautiful period home.
The ground floor accommodation is well arranged and flows naturally.
The living room is particularly inviting, measuring over 22 feet in length, and is a wonderfully homely space centred around a striking stone fireplace with a cosy log burner.
Wooden stairs rise from the lounge, adding to the cottage character and leading to the first floor.
The spacious kitchen measures over 18 feet in length and also benefits from a log burner, firmly establishing it as the heart of the home.
Featuring lovely old beams and ample space for a dining table or future redesign, the kitchen offers both charm and versatility.
A long hallway provides a practical and welcoming entrance, with access to a useful utility space, ideal for everyday storage, coats and boots.
The ground floor is further complemented by a full sized bathroom, adding flexibility for family living or guests. To the first floor, the layout continues to impress.
A generous landing provides access to three good sized bedrooms, all with pleasing proportions.
Bedroom one is particularly spacious, while the remaining bedrooms offer flexibility for family use, guest accommodation or home working.
A second full sized bathroom serves the first floor, enhancing the practicality of the home. The property sits within a very large plot and enjoys panoramic views across rolling farmland.
Parking is available, and the grounds offer further potential, subject to the necessary consents. With approximately 1,265 sq ft of accommodation, this is a home of both substance and character.
Combining period features, spacious rooms, and a thoughtful layout, the cottage presents a rare opportunity to restore and personalise a truly special country property.
While it requires renovation, it offers the chance to blend historic charm with modern living, creating a home that is uniquely your own.
Nestled in the heart of the rolling Devon countryside, Lewdown is a welcoming rural village that combines charm, convenience, and a strong sense of community.
Surrounded by farmland and open fields, the area offers a peaceful way of life while remaining well connected to nearby towns and amenities.
With its historic roots and traditional village feel, Lewdown is home to a popular local pub, a well-regarded primary school, and a variety of community events throughout the year.
The surrounding landscape provides endless opportunities for walking, cycling, and exploring, with Dartmoor National Park just a short drive away for more dramatic scenery and outdoor adventures.
Lewdown enjoys excellent road links via the A30, offering easy access to Okehampton, Launceston, and the city of Exeter beyond.
For those seeking a friendly village atmosphere, beautiful countryside, and convenient transport connections, Lewdown offers the perfect balance of rural tranquillity and accessibility.
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
Agent & docs

FAQ
About Lewdown, Okehampton, Devon
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