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See how verdicts work4-bedroom house · EX36 3DF
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description About the property A substantial and beautifully presented semi-detached family home providing adaptable and spacious four bedroomed accommodation, set back from East Street, enjoying a south facing rear garden and off road parking.
As the name suggests, in the mid 1800's the property was used as a school room in conjunction with a private boarding school in neighbouring Rossiter House.
The large well proportioned rooms offer a wonderful balance of period and modern features.
The accommodation on the ground floor briefly comprises entrance hall, dining room (recently used as a ground floor bedroom), large sitting room with doors to the rear, smartly appointed kitchen/breakfast room and a useful ground floor wet-room.
On the first floor are four good sized double bedrooms, one currently used as a first floor living room, together with a well appointed family bathroom.
The property is approached over a long gravelled garden area, whilst to the rear is a fully enclosed south facing garden and patio which offers a good degree of privacy.
Beyond the rear garden is a private parking area for up to three vehicles accessed via East Street. For layout and approximate room measurements please see the enclosed floorplan.
Virtual Tour Available. The area The property is located in an extremely convenient position, just a short distance form the town amenities.
South Molton itself offers an excellent range of everyday services including shops, schools, restaurants, and bank, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.
The town also enjoys a traditional country pannier market twice weekly. Services & outgoings The property is connected to all mains services North Devon Council - Band B (Approx.
£1,635 per annum).
EPC Rating - D Directions From South Molton town head east on East Street in the direction of Tiverton and the pedestrian gated entrance to number 93 is on the right hand side just before Eastleigh Care Home.
Alternatively, you can drive from East Street beside Eastleigh Care Home and turn right which leads to the rear of the property.
Digital media What3Words Location - ///flag.arose.surface 360 virtural tour available Property Reference - #RS0106 Council Tax Band: B (North Devon Council) Tenure: Freehold
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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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
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FAQ
About The Old School Rooms, South Molton
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