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See how verdicts work3-bedroom detached house · EX24 6HW
Sold STCReduced £50k (−10%) on 23 SepListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Victorian Coach House forming 2 and 1 bedroom cottages. No onward chain. Quiet rural hamlet close to Holyford Woods.
Situation Set within a small hamlet along a quiet no through road for vehicles, just under a mile from the centre of Colyford, this appealing Victorian former coach house is currently arranged as two cottages and offers a flexible opportunity for income/ multi-generational living.
Reconfiguration may also be an option, subject to any necessary consents within the curtilage of a grade II listed building.
Colyford provides an active and welcoming community with a good range of day-to-day amenities including two village inns, a café, post office and general store, parish church and village hall, and is well placed for access to the highly regarded Colyton Grammar School.
The A3052 coast road is readily accessible, connecting east to Lyme Regis and west to Sidmouth and Exeter.
The surrounding area is particularly attractive, with footpaths leading south towards the coast at Seaton as well as nearby Holyford Woods nature reserve.
Description Currently run as popular furnished holiday lets, the two cottages have previously been used for longer term residential lets.
Unrestricted in their use, one or both offer a full residential option.
This lovely property of stone construction under a clay tiled roof, displays attractive character features including timber windows, internal exposed stone and two wood burners.
The larger 'Coach House' property provides a double aspect sitting room with wood burning stove, spacious fitted kitchen dining room with a tiled floor on the ground floor.
On the first floor are two good size double bedrooms, and a family bathroom.
The adjoining independent 'Gardener’s Cottage' has been recently refurbished to offer open-plan living with fitted kitchen, log burner, slate flooring and exposed stone walling, together with a ground floor cloakroom.
On the first floor is a large double bedroom with fitted cupboards and an en suite bathroom. Outside There is a small lawned area to the front adjacent to the lane.
To the rear are attractive partly enclosed patio areas with mature shrubs. There is gravel area for parking. Part of the property is located within a flood risk zone.
Services Services: Mains water and electricity. Shared private drainage - treatment plant. Superfast broadband up to 41 Mbps.
Mobile coverage is generally good outdoors across EE, Three and Vodafone (Ofcom).
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 The Coach House and Gardener's Cottage, Holyford Farm, Colyton
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