1-bedroom terraced house · EX8 5LP
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming Grade II Listed one bedroom cottage located in this highly desirable estuary village with a lovely sitting room with wood burner, ensuite bedroom and a South facing garden with garden room.
Situation - Bakers Cottages is located on Longmeadow Road in the highly sought-after estuary village of Lympstone.
This vibrant and historic village offers a range of local amenities including a well-regarded primary school, post office, village store, pubs, and a train station providing direct links to Exeter.
The Exe Estuary Trail, ideal for walking and cycling, runs nearby, while the coastal town of Exmouth is just a short drive away, offering a wider range of shops, leisure facilities, and sandy beaches.
Accommodation - Bakers Cottages is an attractive terrace of Grade II Listed houses dating back to the early 17th Century.
Located a short walk into the centre of this highly desirable estuary village, number 2 is a one bedroom cottage on the market for the first time in many years.
The main living space is a lovely sitting room with a log effect gas stove set in a large inglenook fire place and there are a number of exposed beams.
A window looks to the front and there is a spiral staircase rising to the first floor.
Leading off the sitting room is a galley kitchen with a gas hob, sink and a fridge freezer is located in the alcove by the fireplace.
On the first floor, the staircase opens into the bedroom which is a good sized double with windows to the front are rear and there is an ensuite with bath, W.C and hand wash basin.
Outside - One of the features of the cottage is the garden which a very good size with a Southerly aspect and is bordered by an attractive spring fed stream at the bottom.
Leading off the house is a paved seating area and a detached, oak framed garden studio that provides a very useful additional living space.
Currently used as a summer house the garden studio has power and water and could be used as an occasional second bedroom or a home office and there is plumbing and space for a washing machine and tumble dryer.
French doors open into the bottom section of garden and an attractive decked seating area.
Services - Utilities: Mains gas, water and electricity Drainage: Mains drainage Heating: Gas central heating from a combi boiler and radiators Current council tax band: A Tenure: Freehold Standard, Superfast and ultrafast broadband available O2, Three, EE and Vodafone mobile networks available (Ofcom) Directions - What Three Words: ///gasp.mashing.ditching Agents Note - The vendor advises that 3 small stems of Japanese Knotweed were found at the bottom of the garden in Spring 2026.
A survey was carried out by Southwest Knotweed Ltd in April and the surveyor noted that the Japanese Knotweed presents no immediate threat to the main property due to the distance.
A 10-year Insurance backed guarantee and treatment program has been put in place to ensure the knotweed is dealt with correctly.
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 advisors 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 Longmeadow Road, Lympstone, Exmouth
Explore nearby