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See how verdicts work3-bedroom terraced house · EX20 1BY
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This elegant 3 bedroom town centre home is a true one-of-a-kind. Tucked behind an unassuming corridor on East Street lies March Court, a tranquil oasis in the heart of Okehampton.
This property is the largest of a handful here, and it is a light and bright 3 bedroom period cottage.
Once through the front door there is a spacious reception room with fireplace to the left and a second spacious reception room to the right with a study nook under the stairs.
Beyond this second reception room is the kitchen with modern units and appliances. Upstairs are the 3 bedrooms, all of which are well proportioned doubles, and a modern family bathroom.
From the landing is ladder access to the boarded loft, which has two velux windows providing natural light.
Attached to the cottage is a 1 up / 1 down ‘shed’ that was formerly used as a commercial unit and today provides a fantastic workshop space; it also has potential to be converted to additional accommodation space subject to the necessary consents.
On the opposite side of the cottage there has been planning approved historically for a two bedroom cottage to be rebuilt (buyers should make their own enquiries with the local planning authorities), which would make an ideal source of income from rental, Air BnB, or similar.
The property sits within a plot that measures approximately 0.3 acres in total, almost unheard of in a town centre location such as this.
The walled gardens have been beautifully landscaped, and there are numerous areas to sit and enjoy the outdoors.
The main garden is laid to lawn and has a wide range of ornamental plantings, a mature apple tree and a summer house for damp days.
Within the garden is a stone barn with a recently replaced roof and a wood store.
Up a short path is a former gardener’s WC and shed, with the driveway providing parking for 3+ cars and double garage just beyond.
The property is located in the heart of the vibrant town of Okehampton just steps from the town’s amenities, which include 3 supermarkets and a wide variety of shops and services.
Okehampton is also the walking centre of Dartmoor with its wild landscape and space to roam accessible from the edge of town.
A rail link provides connectivity to Exeter and the main Penzance to London Paddington line, and the A30 corridor is on the doorstep.
The city of Exeter offers an extensive commercial and retail centre as well as additional road and air links.
Agents Note: The property is in a tucked away town centre location that is generally extremely quiet, but due to its location there are occasions when events in town can be heard in the garden.
See West Devon Planning Ref: 4461/2003/OKE for more information on the new build cottage opportunity.
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

FAQ
About March Court, Okehampton, EX20 1BY
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