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See how verdicts work2-bedroom house · EX20 4DL
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away within the centre of this Devon village is this end of terrace period cottage, in need of modernisation and updating.
Offering characterful accommodation with two double bedrooms, together with off road parking and large enclosed rear gardens. No onward chain.
A gabled entrance porch leads into a lounge/diner with impressive stone fireplace with heavy beam over, housing a multi-fuel stove.
Other features include exposed beams, timber window seat, slate floors and timber latch doors.
A timber partition separates this room which could be used for a dining table or study area with stairs rising to the first floor.
A door leads from the lounge, into the kitchen with base units and space for appliances, windows to side and front.
Further door into a rear utility/store, where the boiler is situated, however currently not functioning, and a door leading to outside.
From here a further door into the ground floor bathroom, with electric shower over the bath, WC and basin. On the first floor are two double bedrooms.
Outside, approached over an unmade lane shared by the terrace of three cottages, leads to an off road parking area.
A timber gate gives access to the rear garden, laid to lawn with many established shrubs and small trees, former vegetable plot and useful store shed.
Gabled Entrance Porch Lounge/Diner (6.01m x 3.90m (19'8" x 12'9")) Kitchen (4.39m x 2.28m max.
(14'4" x 7'5" max.)) Utility/Boiler Room (1.80m x 1.52m plus storage (5'10" x 4'11" plus sto) Ground Floor Bathroom (2.60m x 1.66m (8'6" x 5'5")) First Floor Bedroom 1 (3.79m x 3.50m (12'5" x 11'5")) Bedroom 2 (2.93m x 2.39m (9'7" x 7'10")) Services Mains water, electricity and drainage.
Oil fired Boiler and Tank not functioning. Epc E41 Tenure Freehold Local Authority West Devon Borough Council - Tax Band B.
Situation Lewdown with its pretty village green, is well served by local amenities including a public house and part time shop, and Primary Schools in Lewtrenchard and the nearby village of Lifton, where there is also a popular shop and post office, well known Strawberry Fields, Doctors Surgery and renowned fishing hotel, The Arundel Arms.
Lewdown also offers good access to the three market towns of Tavistock, Okehampton and Launceston, all offering a far larger range of amenities.
The A30 is accessed via Lifton or Sourton and provides a direct route to the West into Cornwall and East into Devon and the city of Exeter.
There are numerous local attractions within easy reach, which include beautiful walks and opportunities for sailing enthusiasts at Roadford Lake.
Directions From Tavistock, pass through Chillaton and continue on to the village of Lewdown, upon reaching the village at the 'T' junction, cross over into an unmade lane and the cottage will be found ahead of you.
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.
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FAQ
About 1 Muse Hill Cottages, Okehampton
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