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 work3-bedroom house · EX18 7EU
For saleReduced £25k (−6.3%) on 2 OctListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom barn conversion set within a small collection of similar properties, offering a quieter rural setting with lovely countryside walks nearby.
The property combines period character with a practical layout, creating a home that feels both comfortable and manageable.
The main living space includes a lounge and dining area centred around a wood-burning stove, bringing warmth and a natural focal point to the room.
A few steps lead up to the kitchen, which is fitted with cream shaker-style units and benefits from a vaulted ceiling that adds both height and light to the space.
Upstairs, there are three bedrooms along with a bathroom fitted with a roll-top style bath and shower over.
Outside, the private garden is a particularly attractive feature, with established planting and a mature wisteria adding character and colour through the warmer months.
The property also includes an additional wooded area, while nearby footpaths provide easy access to countryside walks and open views.
The house benefits from mains water, while heating is provided through a combination of electric systems and the wood-burning stove, which has been regularly maintained.
Parking includes two allocated spaces directly outside the property, with additional visitor parking available nearby.
The wider development is managed collectively, with an annual management charge of approximately £360 covering the upkeep of communal areas including the driveway and shared treatment plant.
Overall, this is a well-kept barn conversion that offers character, privacy and a strong rural feel. Please see the floorplan for room sizes.
Current Council Tax: Band D - Mid Devon 2026/27 - £2615.37 Utilities: Mains electric, water, telephone & broadband Broadband within this postcode: Ultrafast 1800Mbps Drainage: Private shared treatment plant Heating: Electric & woodburning stove Construction: Stone Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Estate Management Charge This property is subject to a management charge, which contributes towards the maintenance and upkeep of communal areas and shared spaces.
Private Drainage: We’re informed by the seller that the property has a private drainage system, which they advise is in working order.
Buyers should satisfy themselves regarding its type, condition and regulatory compliance with their conveyancer.
Chawleigh , positioned almost equidistant between Exeter and Barnstaple, is ideal for those seeking the tranquillity of a pretty Devon village with easy access to some of the county’s larger towns.
The village has a pub and a shop with Post Office for everyday essentials, for a larger set of facilities the market town of Chulmleigh is 2 miles away.
The village offers a variety of activities and events for parishioners while, for a fresh-air fix, Eggesford Forest is a couple of miles away giving super walking and riding opportunities.
Eggesford also has a station for trains to Barnstaple and Exeter, overlooking the tracks is an independently-run café and farm shop.
Directions : From the A377 at Eggesford Station take the road to Chawleigh, bear around to the left when you get close to the village, then Moortown can be found along to the left, continue down and Willow Cottage can be found at the very end.
For Sat Nav: EX18 7EU What3Words: ///sleeper.both.slyly
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 1 Moortown, Chulmleigh
Explore nearby