1-bedroom house · EX36 4RY
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully preserved Grade II listed cottage in the heart of one of North Devon's most attractive villages, equally suited as a permanent home, weekend retreat or holiday cottage.
Sitting/dining room, kitchen, bathroom, landing/bed 2 and double bedroom. EPC exempt.
Situation April Cottage is located in the small village of Knowstone which has the renowned Masons Arms thatched inn.
The village is just over a mile from the A361 (North Devon link road) and is well positioned with good access to Barnstaple and the coastal resorts as well as the Exmoor National Park only a short distance to the north.
The A361 also links to Tiverton and the M5 (Junction 27) to the south east where there is a main line rail station linking to London Paddington.
The thriving market town of South Molton is about 9 miles and offers an excellent range of day to day amenities including schooling up to secondary level, a wide variety of shops, banking facilities, churches and regular livestock and award winning pannier markets.
Description Of rendered stone and cob construction under a newly thatched roof, April Cottage is a charming Grade II listed cottage with much charm and character set in the heart of the village.
Considered perfect as a weekend retreat or second home, the cottage also has possibilities to be used as a rented holiday cottage if required.
Accommodation A glazed door leads directly into the living / dining room with exposed beams and an inglenook fireplace with a bread oven and wood burning stove. Turning stairs lead to the first floor.
A door leads through to the kitchen which has a range of base units with worktop over, stainless steel sink unit, space and plumbing for washing machine. Electric cooker and space for fridge freezer.
A door leads into the bathroom with a panelled bath, WC and wash basin. On the first floor there is a sizeable landing with room for a single bed if required and a window has lovely views to the rear.
Off the landing is a small walk-in storage room. There is one double bedroom with an outlook to the front.
Outside Close to the cottage on the other side of the road is a row of stone and cob outhouses that provide very useful storage for logs/bins etc.. April Cottage owns the first one on the left.
Services And Other Information Mains electricity, water and drainage. Electric night storage heating. Standard and Ultrafast broadband are available.
Moble coverage is available for all major networks. (Ofcom) The property does not have a garden. Parking is available on street along the road.
Viewing Strictly by confirmed prior appointment please through the sole selling agents, Stags on . Directions From South Molton head east on the A361 (North Devon Link Road).
After about 8 miles at Moortown Cross turn left signposted for Knowstone. Continue over the cattle grid and take the next left turn signposted for Knowstone.
Follow the road down to the village and at the T junction turn right. The cottage will be found soon after on the left. What3words Ref: Briskly.deflation.firepower
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.
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About April Cottage, South Molton
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