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See how verdicts work5-bedroom bungalow · EX20 3LJ
For saleReduced £25k (−4.5%) on 20 MayListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perched in an elevated position with sweeping views across Hatherleigh and towards Dartmoor, this unique five-bedroom detached Norwegian timber home is a hidden gem set within beautifully landscaped gardens of approximately half an acre.
Complete with a versatile 2,900 sq ft commercial outbuilding, this property offers an exceptional lifestyle opportunity for those seeking tranquillity, character, and the flexibility to live and work from home — all within walking distance of a thriving market town.
Material Information/Utilities Water - Mains connectionDrains - Private (cesspit may require upgrading)Electric - Mains & Solar PanelsHeating - OilBroadband - Super Fast and Standard available Mobile - All carriers available (OFCOM)Council Tax Band - B EPC - CConstruction: Timber built dwelling.
The warehouse/commercial building is concrete frame.
Details Set in a commanding elevated position, this distinctive five-bedroom detached Norwegian timber house offers panoramic countryside views in every direction — from the rolling landscape of Dartmoor to the heart of historic Hatherleigh.
Built around 45 years ago, the home combines warmth and rustic charm with spacious, light-filled interiors.
With a view, the outside space is both private and inspiring.The accommodation includes a welcoming double-aspect living room with far-reaching views from every window, and a central wood-burning stove that creates a cosy focal point.
A generously sized kitchen/breakfast room sits at the heart of the home, complete with an oil-fired Aga, ample workspace, and room for family dining.
The layout provides flexibility for family living, guest accommodation, or home working. Outside, the property truly comes into its own.
The established gardens span approximately half an acre and include mature trees, wildflower areas, a greenhouse, and a small Consumer Protection from Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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
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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

FAQ
About Hatherleigh, Okehampton, Devon, EX20
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