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See how verdicts work3-bedroom terraced house · EX13 7LN
For saleListed 56 days
Opportunity summary
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About
An impressive three bedroom modern property set in a delightful former mill development which has been recently refurbished and comes with parking for three vehicles.
The Property Built in 2004 and set within this small community on the northern outskirts of Axminster, Walnut Cottage forms part of a select development of former mill buildings and sympathetically constructed modern homes.
The Weycroft Mill development occupies an ancient site which has almost certainly been used for milling since before the Domesday Survey of 1086.
The water mill, mill buildings and mill house of 18th and 19th century origins remain in situ and form part of the residential development.
Walnut Cottage is a spacious courtyard house which has been tastefully modernised by the current owners and features a stunning contemporary kitchen, remodelled bathroom and EV charging facility.
Accommodation To the front of the property is an open sided oak porch and stable door which leads into a central hallway with staircase rising to the first floor accommodation and the downstairs cloakroom which has been finished in a nautical theme with pebbled flooring.
The dual aspect sitting room includes a woodburning stove and doors leading out to the garden, while on the opposite side of the hallway is the beautifully finished kitchen/dining room.
Fitted by Axminster Kitchens, the kitchen includes a good selection of contemporary units, Neff integral appliances, and ample space for a dining table.
To the first floor are three good size bedrooms, all with partial vaulted ceilings and a master suite benefiting from a fitted wardrobes and luxury en suite bathroom.
The remaining bedrooms have use of the remodelled wet room. Outside To the front of the property is a parking space for one vehicle and EV charger.
Being set in a slightly elevated position, steps up to a paved front garden where there is an ornamental pond, mature shrubs and outside tap.
To the rear is a level paved garden with established shrubs, garden shed and a gated rear access where a shared pathway leads to communal parking area where Walnut Cottage has two further private parking spaces.
Situation Weycroft sits beside the River Axe and is a small historic parish on the northern outskirts of the Axminster town.
Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The beautiful Axe Valley with its renowned bird sanctuary reaches the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles. Axminster itself offers a selection of shops including supermarket, schooling and train station that is on the direct line to London Waterloo and Exeter.
Trinity Square, by the Minster, is home to a weekly outdoor produce market. Directions What3words ///rich.wrist.wizards Services Mains electric, gas and water. Shared private drainage.
Superfast broadband and mobile network coverage available in the area. Refer to Ofcom's website for more details.
Local Authority East Devon District Council Tel : Council Tax Band D Material Information The area surrounding the property is at high risk from flooding from rivers and seas, and very low from surface water, however our clients have confirmed that the cottage has not experienced any water ingress during their ownership.
The development is subject to a yearly management fee for the upkeep of the communal areas and private drainage system.
The 2026/27 charge was £500 per annum and is managed by Weycroft Mill Management Limited.
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 Walnut Cottage, Axminster
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