2-bedroom semi-detached house · EX14 3AB
No longer listedListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared private drive with 2 allocated parking spaces. A cosy cottage with many features including exposed walls and beamed ceilings.
Spacious lounge, with wood burner, and stunning views across the valley. A dining area adjacent to the galley style kitchen. An external Utility Room.
Accommodation Comprises: This cosy cottage barn conversion provides comfortable accommodation and has double glazing and Oil-Fired Central Heating.
A quiet, tranquil location with three dwellings and stunning views over the beautiful East Devon Countryside. Entry into this pleasant and well-presented cottage is via a stable front door.
The Hallway/Dining Area has stone floors and is adjacent to the Galley styled Kitchen with electric oven and hob.
A spacious Sitting Room with wood burning stove enjoying private views over the orchard and open countryside beyond.
External Utility Room with space, connections and plumbing for washing machine and tumble drier. Additional limited storage is available on request.
Stairs to the first floor with 2 well-proportioned Double Bedrooms, each having its own Ensuite Bathroom comprising a panelled bath (one having a shower over the bath), WC, and wash hand basin.
Both Bedrooms have open countryside views to two sides. The Barn is approached via a shared private driveway with allocated parking for 2 vehicles.
There is a large private decked area at the rear with views over open countryside. Stone BBQ area. If required there is an overgrown vegetable garden available.
Tenants have access to the enclosed grassed “tennis court” for dogs to exercise and tenants to relax, available and used by all residents using established pathways only.
What really sets the cottage apart is a glorious rural setting within easy reach of the A30, mainline train link between Exeter and London from Honiton Station, not forgetting Exeter Airport.
Sat Nav location EX14 3AB. Honiton provides an eclectic mix of independent shops, antique dealers and leading national stores: Tesco, Aldi and Lidl – approximately 5 minutes away by car.
Honiton also has train links to Exeter and London. Gittisham is a quaint rural village within commuting distance of Honiton.
Highly regarded restaurant and hotel at The Pig at Coombe and a lovely restaurant at Coombe Garden Centre are also close by.
DIRECTIONS: Proceed into Gittisham with The Pig at Coombe on your right continue straight ahead, up the hill (Parsonage Lane) towards Honiton. The entrance will be seen on the left-hand side.
Private driveway leading to 3 dwellings, of which The Barn is one.
Key Facts: Rent:£1,195 per calendar month – excluding utilities Deposit:£1,378 Holding Deposit:£275 Total Annual Household Income required to meet affordability:£35,850 Type:Available unfurnished.
Furniture / Appliances: Electric oven and hob Heating:Oil Fired Central Heating with Wood Burning Stove in Lounge Utilities:Electric (sub meter in the property and landlords calculate the bill), Oil, Council Tax.
Water is a shared supply with private drainage and cost shared between the households.
The oil tank will be measured at the start of the tenancy and to be left filled to the same level at the end of the tenancy.
Council Tax Band: A District:East Devon District Council Terms: Assured Periodic Tenancy Restrictions:Would consider:2 medium size well behaved dogs; House cats.
Availability:Immediately Please contact Cardens Residential on or email to arrange viewings or for further information.
*Holding deposit: The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Goldcombe Farmhouse, Gittisham, Honiton
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