2-bedroom terraced house · EX20 3HY
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Hatherleigh, this charming 18th Century terraced cottage offers a wonderful blend of period character, modern improvements and practical living space.
The property has been thoughtfully renovated while retaining many of the features that give a home of this age its appeal, including a particularly impressive inglenook fireplace with multi fuel stove.
Offered to the market with no onward chain, this is an excellent opportunity for a first time buyer, those looking for a low maintenance second home, or a property with holiday letting potential.
On entering, the welcoming sitting room immediately sets the tone, with the inglenook fireplace providing a superb focal point and creating a cosy atmosphere.
The room flows through towards the kitchen, creating a sociable and practical layout.
The kitchen has been fitted with a range of base and wall mounted units, work surfaces, inset sink, electric hob and oven, together with integrated appliances and additional white goods included within the sale.
To the rear of the ground floor is a useful lobby with access to the covered courtyard, alongside a downstairs WC, adding an important degree of practicality to the accommodation.
Upstairs, the property provides two well proportioned double bedrooms, with the front bedroom enjoying views towards Bridge Street and the second bedroom overlooking the rear.
Both retain the character expected of a period cottage while offering comfortable accommodation.
The first floor is completed by a modern shower room with a double shower enclosure, wash hand basin and WC.
A particularly useful feature is the loft space, which is accessed via a pull down ladder and has been part boarded, insulated, powered and lit.
Currently used as a craft workshop, this versatile area provides excellent additional space for hobbies, home working, storage or creative pursuits, subject to any necessary consents.
Outside, the property benefits from a covered rear courtyard, providing a private and sheltered area that could be used for seating, storage or planting.
The courtyard also incorporates a built in BBQ cowl and chimney, offering further flexibility for outdoor use.
The location is a major attraction, with Hatherleigh's market square, independent shops, cafés, pubs and everyday amenities all within easy walking distance.
The town also provides an excellent base for exploring the surrounding Devon countryside, with Dartmoor and a wealth of walking and cycling routes within easy reach.
Overall, 23 Bridge Street is a characterful and versatile cottage, combining period charm with useful modern accommodation and an enviable town centre position.
With no onward chain, this is a property that warrants an early internal inspection.
Hatherleigh is a historic market town in central Devon, known for its scenic location at the meeting point of the Rivers Lew and Torridge.
With over a thousand years of history, the town features traditional architecture, including the famous Rams Head sculptures in the town square, and has a vibrant arts scene, with works from local artists decorating its streets.
The weekly Tuesday market is a highlight, where locals and visitors gather to shop and socialize.
The town also hosts an annual carnival in November, featuring unique customs such as the burning of tar barrels and a jazz band procession.
Situated along the Tarka Trail, Hatherleigh offers beautiful walking and cycling opportunities, with nearby Belvedere Castle providing panoramic views of Dartmoor and Exmoor.
With its rich heritage, active arts community, and regular cultural events, Hatherleigh offers a delightful mix of rural charm and modern life, making it an attractive destination for both residents and visitors.
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.
Area
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FAQ
About Bridge Street, Hatherleigh, Okehampton
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