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 detached house · EX14 4SN
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Grade II listed cottage with outbuildings, set in 0.66 acres of gardens and orchard.
Situation The property enjoys a peaceful rural position above the village of Luppitt, within the Blackdown Hills National Landscape and easy access to footpaths and bridleways.
Luppitt is a lovely community with a parish church, small pub and village hall, while the nearby market town of Honiton offers a wide range of amenities, schooling, and a mainline railway station to London Waterloo.
Description This charming Grade II listed cottage, dates from the early 17th century, is cob and stone under a recently re-thatched roof (2017).
The property retains a wealth of period features, including exposed beams and an inglenook fireplace, while benefitting from sympathetic improvements and recent Listed Building Consent (Ref 25/0657/lbc) for kitchen and dining enhancements.
The accommodation includes a spacious living room with wood burner, separate dining room, and a well-fitted kitchen.
Upstairs are two generous double bedrooms and a family bathroom, with a ground floor bedroom and en suite shower.
Outside Approached via an old Devon lane there is parking for three vehicles, a large timber garage and two outbuildings. The gardens and grounds extend to approx.
0.66 acres including a lovely orchard/copse area with rural views. Services Private water (shared spring and well), mains electricity, private drainage (treatment plant). Oil-fired central heating.
Standard and Ultrafast fibre broadband available (up to 1000 Mbps). Vodafone and O2 mobile networks available (Ofcom). Directions What3words Location ///unloaded.holly.trip
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
.png){kind=logo}
FAQ
About Shelves Cottage, Honiton
Explore nearby
