2-bedroom house · EX14 3HU
For saleReduced £13.5k (−4.1%) on 26 SepListed 161 days
Opportunity summary
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About
An elegant, attached two-bedroom period cottage, set in one of East Devon’s most sought-after villages and complemented by impressive green credentials.
Discreetly positioned in the heart of Payhembury, the cottage is pleasantly tucked back from the road, offering a sense of privacy while remaining moments from the village’s everyday amenities.
Lovingly maintained by the current owner, the home retains an abundance of character features and a warm, unmistakably ‘cottage’ atmosphere, creating a welcoming setting for both day-to-day living and entertaining.
The ground floor is arranged around an entrance hall with staircase to the first floor, leading through to a generous sitting room centred on an attractive inglenook fireplace with inset wood-burning stove, ideal for cosy evenings in every season.
From both the hallway and the sitting room, a long farmhouse-style kitchen provides ample space for dining, with a characterful Rayburn (oil fired, currently not connected) as a focal point.
Practicality is well considered, with a pantry cupboard and a modern oil-fired central heating boiler, while the sitting room also opens to a covered patio area that extends the living space into the rear garden.
Upstairs, the landing gives access to useful storage, two well-proportioned double bedrooms, including one with fitted wardrobes, and a smart shower room featuring a walk-in shower enclosure.
Further highlights include double-glazed windows, oil-fired central heating with radiators throughout, and an owned solar array, helping to reduce running costs while enhancing the home’s environmental appeal.
The property is centrally located in the thriving rural village of Payhembury, beside the community-run village store.
Village amenities include a shop and post office, village hall, pub, garage, tennis courts, playground and well-regarded primary school, all within about 200m.
Payhembury also has a 13th Century church and falls within the catchment for The King’s School, with a bus service from nearby Feniton (2 miles) to Colyton Grammar School.
The village hosts a range of community events and offers immediate access to the surrounding countryside.
Despite its rural setting, it is well connected, with the A30 at Honiton 6 miles away, M5 junction 28 within 8 miles, rail services from Feniton and Tiverton Parkway to Exeter, London, the Midlands and the North, and Exeter Airport about 12 miles away.
Honiton and Cullompton provide a good range of everyday facilities, while Exeter is just 16 miles away and the south-west coast around 14 miles.
A side pathway leads to the front door and continues to the rear garden.
The rear garden is beautifully tended, with a covered patio ideal for outdoor dining, timber sheds and a greenhouse for storage and growing space, and mature planting adding colour and structure.
Mature trees and an open outlook over the field behind create a peaceful setting.
Value & comps
No previous sales on record.
Returns
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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 Rose Cottage,, Payhembury, Devon
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