3-bedroom house · EX8 5LX
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grade II Listed cottage which is believed to date back to the 16th Century and is the middle one of three of the five original farm workers cottages.
Retaining a wealth of period feature including exposed beams and timbers.
Another feature to the property is the use of exposed brickwork, Maple wood parquet flooring and a wood burning stove in the Lounge.
Situated on the edge of the popular village of Lympstone which lies on the eastern shores of the Exe Estuary with a thriving community of clubs and societies and has the benefit of several Public Houses, Primary School, various shops and Cafe as well as a Post office and Doctors Surgery.
Access to Exeter or Exmouth can been sought from the local rail links. Lympstone also boasts a sailing club. Entrance A paved path leads across the rear courtyard garden to the wooden entrance door.
Entrance Hall Parquet style flooring. Window to side, radiator, large storage cupboard housing the gas fired boiler.
Doors to: Cloakroom- 4'5" x 2'6" (1.35m x 0.76m) Window to the side, low level W.C, corner wall mounted basin with tiled splashback.
Open Plan Lounge/Diner/Kitchen 18'9" x 17'2" (5.71m x 5.23m) A wonderfully characterful, double aspect room, exposed beams and Maplewood parquet flooring, The Kitchen Area has a range of high gloss base and wall units, sink and drainer with mixer tap, tiled splashback, electric oven with gas hob and extractor above, space for fridge/freezer, space and plumbing for washing machine, inset ceiling spotlights, exposed brick fire place with fitted wood burning stove on a slate hearth, two radiators.
Elm wood winding staircase rising to: First floor Landing Doors to: Bedroom 1 - 13'8" x 9'7" (4.16m x 2.92m) Two sealed unit double glazed windows to the rear, radiator.
Bedroom 2 - 11'9" x 10'9" (3.58m x 3.28m) Two sealed unit double glazed windows to the rear, radiator.
Bedroom 3 - 13'6" x 6'1" (4.12m x 2.92m) Window to front, exposed brickwork to part of one of the walls, radiator, access to loft Bathroom - 8'2" x 6'6" (2.48m x 1.98m) Modern white suite comprising bath with mains fed shower over, pedestal wash hand basin, low level W.C, partially tiled walls, wall hung mirror, heated towel rail, extractor.
Outside Olde Hollow is approached via the block paved driveway which provides parking for two vehicles, on the opposite side of the driveway there is further parking for two vehicles.
Double Garage/Workshop 22'9 (6.93m) x 18'8 (5.69m). With up and over door. Power and light supply. Cold Water tap.
Garden Mainly laid to lawn with plant and shrub borders, patio area, raised decked seating area, garden shed, Council Tax - Band C approx £2188 What3words/// botanists.standing.limes Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help irrelevant of which estate agent you finally buy through.
For a free initial, no obligation chat please contact us on to arrange an appointment. Your home may be repossessed if you do not keep up repayments on your mortgage.
Meredith Morgan Taylor Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority (fca).
The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of the property are based on information supplied by the seller.
The agent has not had sight of the title documents. A buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Please note that all personal information provided by customers wishing to receive information and/or services from Meadows Estate Agents will be processed by the estate agent, the Meadows Estate Agents for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party.
If you do not wish your personal information to be used for any of these purposes, please notify Meadows Estate Agents.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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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