4-bedroom detached house · EX17 4HH
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
There’s a lot here that sets this small development apart from the average new build.
Just four individual homes are being created in this lovely rural setting a couple of miles from Cheriton Fitzpaine, each enjoying a generous plot and fantastic countryside views, with Plots 1 and 2 expected to be ready in Spring/Summer 2027.
The houses combine traditional proportions and materials with a contemporary edge, using faced brick, stone and cedar alongside anthracite Velfac double glazing.
At around 1,700 sqft plus garaging, there’s proper space both inside and out, while energy efficiency has been central to the specification.
Air-source heat pumps with underfloor heating, high levels of insulation, solar pv and battery storage are all planned, helping to reduce energy consumption and future running costs.
Reserve early enough in the build and there’s also the opportunity to have some input into the finishing touches, including a choice of kitchen styles, flooring and bathroom tiling.
Cheriton Fitzpaine itself is only a couple of miles away, providing a primary school, community shop, two pubs, doctors’ surgery and an active village community.
Plot 2 is on the lower side of the development, with a particularly good amount of garden wrapping around the house.
The accommodation has been designed with modern family life in mind, balancing open-plan space with rooms that can be closed off when you want them.
The kitchen/dining room is the everyday hub, complete with island and direct access outside, while the separate living room gives you a proper second space to relax.
A utility room keeps laundry and everyday clutter away from the kitchen, there's a ground-floor WC, and the separate study could equally become an occasional fifth bedroom, playroom or hobby space.
Upstairs, all four bedrooms are doubles, the principal having its own en-suite shower room, alongside a well-appointed family bathroom.
The bathrooms will feature tiled finishes, wall-hung WCs, vanity basins and generous showers, while anthracite Velfac glazing complements the mixture of traditional and contemporary materials externally.
Plot 2 also benefits from its own garage and off-road parking. The plot is a major part of the appeal here.
Rather than the tight garden and parking arrangement often associated with modern developments, Plot 2 has been given plenty of breathing room, with a generous private garden, its own parking and garage, and wonderful views across the surrounding countryside.
Further wild meadow land is available by separate negotiation, giving buyers the unusual option of extending their outside space beyond the residential garden.
There's also ample dedicated visitor parking within the development, something that's often forgotten on schemes of this size.
The four eventual homeowners will collectively own and control the residents' management company responsible for the private access, visitor parking and shared infrastructure, keeping responsibility for their immediate surroundings in the hands of the people who actually live here.
For buyers who like the convenience and efficiency of buying new but don't want to feel as though they're moving onto a conventional housing estate, Plot 2 offers a very different proposition.
Agent's Note The computer-generated images and site layout are intended as illustrations of the proposed finished development and should not be relied upon as an exact representation of the completed property, landscaping, boundaries or finishes.
Specification and choices may be subject to build stage and availability. Additional meadow land is available by separate negotiation.
Buyers should satisfy themselves as to the final specification, boundaries and management arrangements prior to reservation. Please see the floorplan for room sizes.
Current Council Tax: Tbc - Mid Devon Utilities: Mains electric, water, telephone & broadband.
Solar pv’s and battery Drainage: Individual private treatment plants Heating: Airsource heat pump to underfloor heating and rads Construction: Timber framed Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Digital Photo Enhancement/Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, blue skies, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Estate Management Charge The communal areas (driveway etc) will be included in a management company passed to the 4 property owners so any annual maintenance charges will be determined by the 4 owners.
Cheriton fitzpaine is a quintessential mid-Devon village.
The village centre is full of character thatch cottages surrounding the church and ancient inn, on the outskirts are newer estates full of families attracted by its modern primary school (ofsted Good).
The village also has a doctor’s surgery, and community-run shop, while ‘Jack’s Acre’ offers local children a large playing field/park maintained by the parish council.
Follow the road leading to the A3072 and the nearby towns of Crediton and Tiverton are around 15 minutes away.
This route also takes you past Thornes Farm Shop with its café, shop selling gifts and field-fresh produce. Directions Use EX17 4HH or the what3words is ///informer.quilt.finds
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 advisors 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 Plot 2, Court Place Farm, Cheriton Fitzpaine, Crediton
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