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See how verdicts work2-bedroom house · EX17 6PE
For saleListed 581 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled at the end of the village, Wood Lane offers a peaceful location, yet remains close to the heart of the village and nearby walks.
Morchard Bishop, one of the larger villages in Mid Devon, boasts a fantastic community spirit, a local shop, regular events, and a well-regarded pub serving delicious food.
The area is well connected with a bus service running five times a day to Crediton and Exeter, and nearby stations on the Tarka Line offer easy access to Crediton, Exeter, and Barnstaple via rail.
The cottage itself is Grade II listed, thatched and full of character. Having lived here for nearly 40 years, the current owners have enjoyed the peace and quiet of this tucked away home.
With origins as far back as the 1700’s, the history is clear to see. It’s a very pretty home and the roof was rethatched about 3 years ago providing plenty of life ahead.
Throughout, the character is evident with exposed timbers, interesting nooks and a wonderful fireplace to the living room.
As it's an old cottage, it probably isn’t suitable for tall people with some ceilings and doorways being lower than that of a modern house, but this just adds to the character.
The layout offers a kitchen/breakfast room with solid worktops and built in storage, a Rayburn (providing heat and cooking) and an electric cooker for the summer months.
There’s a cosy living room with wood burner and a ground floor family bathroom. On the first floor are the 2 double bedrooms with built in storage and a charming landing area.
Outside, the pretty front garden sets it back from the private lane (only passing traffic is that of the handful of neighbours beyond) and leads around to the side where it opens into a surprising side/rear garden.
Complete with a lovely large greenhouse, summer house and a covered seating area, there’s plenty of outside space to enjoy.
There’s areas of lawn and paving too to choose your spot for alfresco dining. Just a short walk away, on Wood Lane is a garage which is available by separate negotiation.
It’s in need of a little tlc but provides an excellent footprint for an improved garage or storage should it be desired by the new owner.
Subject to situation, the cottage maybe sold with no chain – ask the agents for clarification. 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.
Please see the floorplan for room sizes.
Current Council Tax: Band B – Mid Devon Approx Age: 1700’s Construction Notes: Cob and Thatch Utilities: Mains electric, water, telephone & broadband Drainage: Mains Heating: Electric and Wood burner (plus Rayburn in kitchen) Listed: Yes Grade II Conservation Area: Yes Tenure: Freehold morchard bishop is a village and civil parish set in the sumptuous hills and valleys of Mid-Devon, halfway between the North and South of the County, 7 miles west of Crediton and 14 miles from the regional capital, Exeter.
The showpiece is the spectacular 16th Century Church of St Mary's, one of two churches in the village.
This small but thriving community, with a population of just under 1000 has a primary school, doctor's surgery and local shops.
Those who lead an active lifestyle can take advantage of the football, netball and outdoor tennis clubs as well as enjoying a game of bowls on the Green.
At the centre is the friendly London Inn, loved for its generous servings of delicious, locally sourced food.
Dating back 400 years, this traditional pub was once a stop for passing coaches when the main road from Exeter ran through the village.
Today, the nearby railway station at Morchard Road carries passengers from Exeter to Barnstaple along the scenic Tarka Line.
Dartmoor and Exmoor, areas of outstanding natural beauty are within 30 minutes' drive.
Directions For sat-nav use EX17 6PE and the What3Words address is ///shave.presenter.long but if you want the traditional directions, please read on.
Enter Morchard Bishop from the A377 at Morchard Road and proceed past The London Inn (on your right). At the memorial, take the right fork and proceed to the bottom of the hill.
You’ll pass Old Rectory Gardens on your right and shortly after is a lane off to the right. The property is up the lane on the left.
For viewings, please don’t drive up the little lane, park nearby and it’s only a short walk.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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FAQ
About 4 Wood Lane Cottages Wood Lane, Crediton
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