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See how verdicts work4-bedroom semi-detached house · EX15 3NA
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Charming Mill Conversion in the Heart of the Devon Countryside Enjoy the beauty of the Devon countryside right from your doorstep at Hackpen Mill Lodge, a beautifully presented and generously proportioned former mill, set within a small cluster of individual homes just beyond the sought after village of Ashill.
Spread across three spacious floors, Hackpen Mill Lodge offers a versatile layout with four/five bedrooms, two en-suites, and a wealth of period charm blended seamlessly with modern touches.
From the characterful sitting room with oak flooring and a wood-burning stove to the generous kitchen/dining room featuring a central island, Rayburn, and direct garden access, every space has been thoughtfully designed for comfort and style.
The ground floor level also includes a practical utility room, cloakroom, and excellent storage options.
The principal bedroom suite is a true retreat, complete with a luxurious en-suite bathroom featuring a roll-top bath and walk-in shower.
There are three further double bedrooms, a fifth bedroom/study, and two additional bathrooms. This an ideal home for families, those working from home, or multi-generational living.
Outside, the rear garden has lawn and decking area with pergola over. The klargester biodisc domestic sewage treatment plant is located under the decking.
The rear of the property and parking area are approached via the lane running alongside the property, which continues to the neighbouring farm.
Double timber gates open into a private parking area and a timber framed garage.
The left hand side of the garage belongs to Hackpen Lodge, whilst the right hand side is owned by the neighbouring property.
We understand the neighbouring owners do not access their garage from the front as they benefit from access from their garden and use this space as storage only as they also benefit form parking to the front.
This entire parking area is included within the ownership of Hackpen Lodge, although the neighbouring property has pedestrian access to their garden.
We are also advised that there is an historic vehicular right of access to the neighbouring property; however, this right has not been exercised during our vendor's ownership.
Purchasers should satisfy themselves through their legal enquiries as to the nature and extent of any rights affecting the property. What3words ///brilliant.claw.mere
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
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FAQ
About Hackpen Mill Lodge,, Mill Lane, Cullompton
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