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See how verdicts work2-bedroom house · EX17 6NZ
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This characterful three-storey cottage has a surprisingly special feature beyond its traditional interior – a south-facing rear garden that has been thoughtfully developed into a series of spaces for relaxing, entertaining and growing.
With a stream crossed by its own decking bridge, several seating areas, a substantial insulated log cabin and areas for chickens and vegetables, the garden is very much part of the way of life here.
The cottage itself has a welcoming lounge with exposed beams and an ornate fireplace, while the kitchen has been extended to the side to create a bright space with a vaulted ceiling, Velux windows and patio doors opening onto the garden.
It has grey fitted and freestanding units, solid wood worktops, a composite sink, oven and four-ring induction hob.
The first floor has a double bedroom with built-in storage and a bathroom with bath and shower over, together with a deep-set window seat overlooking the garden.
The top floor provides a further attic-style double bedroom, with exposed beams and useful storage tucked into the eaves.
Outside, steps lead down through raised beds to the timber decking bridge crossing the stream and into the main garden, which is largely lawned and arranged with several sunny seating areas.
The substantial insulated log cabin has UPVC double glazing, a covered veranda, double stainless-steel sink with running water and a separate shower room with WC, basin and electric shower.
It offers excellent flexibility as a home office, hobby space, entertaining room or guest accommodation. The garden leads to open countryside with views down through the valley.
There is also a well-maintained large chicken coop, raised vegetable beds, composting area with an apple tree, while a rear patio provides a lovely spot to catch the evening sun.
Beneath the house is a large underground storage area, adding further useful space.
The property has UPVC double glazing throughout, mains water and drainage, and a modern Samsung air source heat pump.
Not Grade II listed, the cottage combines traditional character with a remarkably versatile garden, making it particularly appealing to anyone who values outdoor living, growing their own and having useful space away from the main house.
Please see the floorplan for room sizes.
Current Council Tax: Band B - Mid Devon 2026/27 - £2006.13 Utilities: Mains electric, water, telephone & broadband Broadband within this postcode: Superfast 80Mbps Drainage: Mains drainage Heating: Air source central heating Construction: Cob/Stone Listed: No Conservation Area: Yes 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.
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.
Morchard bishop is a popular village, sitting amid a network of more than 60 footpaths and bridleways including the Two Moors Way, for which it is the mid-way point.
Famous for having the longest row of thatched, terraced cottages in England, Morchard is a popular village not least because of its C of E primary school (ofsted Good), excellent pub, doctor’s surgery, and community run shop.
There’s a thriving community scene offering a variety of events and activities ranging from the monthly produce market to sporting clubs.
Nearby is Morchard Road where you can catch a train on the scenic Tarka Line to Barnstaple or Exeter.
For a wider range of shops and amenities Crediton and Exeter are 7-miles and 15-miles away respectively. A regular daily bus service from the village also provides access to both these towns.
Directions From the A377 at Morchard Road, take the road up to the village, bear left at the war memorial and continue around to Chulmleigh Road. The cottage is the last on the row on the left.
For Sat Nav: EX17 6NZ What3Words: ///expires.spend.adjusting EPC Rating: C
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.
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FAQ
About 10 Chulmleigh Road, Crediton
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