2-bedroom house · EX8 5EY
For saleReduced £10.1k (−3.4%) on 18 SepListed 249 days
Opportunity summary
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About
This charming cottage is situated in the historic village of Lympstone and sits just off the main street in the old part of the village with shop, train station and The Swan Inn close by.
Lympstone is a sought after East Devon Village off the River Exe, with a harbour, surrounded by traditional fisherman cottages.
It has selection of pubs, church, village shop, cafes, primary school, railway station and a variety of clubs and societies including an active sailing club.
The accommodation comprises: Solid wood glazed panel stable style door giving access to: Open plan kitchen/dining and sitting room: kitchen/dining area: 4.88m x 3.58m (16'0" x 11'9") narrowing to 7'10" Kitchen area is fitted with patterned work tops; tiled surrounds; cupboards, integrated washer dryer, dishwasher beneath worktops; inset single drainer sink unit with mixer tap; wall mounted cupboards; recessed ceiling spotlighting; feature ceiling beams; tiled flooring; Upvc double glazed window to side aspect; glazed panelled window to front elevation; radiator; dresser unit comprising glass fronted display unit with cupboards and drawer units beneath; bespoke open tread wooden staircase rising to first floor; opening to: Sitting room: 4.27m x 3.12m (14'0" x 10'3") A charming room with exposed ceiling beams; feature wall recess with beam over; Upvc double glazed window; radiator; television point.
First floor landing: Solid wood varnished flooring; cupboard over stairwell recess housing gas boiler for hot water and central heating (new boiler to be fitted March 2026); access to roof space.
Bedroom one: 3.33m x 3.12m (10'11" x 10'3") Solid wood varnished flooring; radiator; Upvc double glazed window; built in wardrobe with adjoining chest of drawer unit.
Bedroom two: 4.06m x 1.78m (13'4" x 5'10") Stripped wood varnished flooring; radiator; built in wardrobe with drawer units beneath; adjoining chest of drawer unit; Upvc double glazed window.
Shower room/WC: 1.85m x 1.68m (6'1" x 5'6") Double width shower cubicle; sliding shower splash screen door; shower unit; vanity style wash hand basin; fitted mirror over; shaver socket; WC with push button flush; stripped wood varnished flooring; window with patterned glass; heated towel rail; ceiling extractor fan; ceiling spotlighting.
Outside: The property is located in the heart of the village centre and is approached via a pebbled side lane off The Strand.
Access to the cottage is via a pedestrian gate to block paved patio area providing an excellent entertaining area with access to substantial garden store and outside lighting.
There is shared access over the patio area for two neighbouring cottages.
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.
Area
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FAQ
About Globe Cottages,2, The Strand, Exmouth
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