2-bedroom terraced house · EX11 1AB
For saleListed 498 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this charming two-bedroom period cottage located within a level walk of the facilities of the much favoured town centre of Ottery St Mary.
The accommodation comprises an entrance porch leading into a spacious open-plan lounge/dining room, featuring two characterful brick fireplaces—one housing a woodburner.
A door from the living area opens into the kitchen, which is fitted with units and worktops and has a further door providing access to the garden.Upstairs, the landing opens directly into bedroom one, which showcases an exposed brick chimney breast.
There are also doors to bedroom two and the bathroom suite. The property has double-glazed windows. Viewing is recommended.
No chain Outside To the rear is a small, walled courtyard with steps up to an attractive garden on two levels, gravelled with an abundance of plants and shrubs and a summerhouse.
There is also a small shed which houses the plumbing for a washing machine. There is also a right of access for this property to a shed (2.48m x 2.54m) (it’s the middle one).
Directions From the square, walk down Mill Street and the property is on your left.
Location Ottery St Mary is a charming and historic town nestled in the heart of East Devon, surrounded by picturesque countryside and within easy reach of the stunning Jurassic Coast.
Best known as the birthplace of the poet Samuel Taylor Coleridge, the town boasts a rich heritage and a strong sense of community.
It offers a variety of independent shops, cafés, and essential amenities, along with highly regarded schools, including The King’s School.
Residents benefit from excellent transport links, with convenient access to the A30 for Exeter and the M5, and regular bus services connecting surrounding towns and villages.
Ottery’s unique traditions, such as the world-famous Tar Barrels event, add to its character and appeal, making it a desirable place to live for families, professionals, and retirees alike.
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 Mill Cottage, 47 Mill Street, Ottery St Mary
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