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See how verdicts work3-bedroom house · EX14 9EG
For saleReduced £24k (−8.8%) on 15 AugListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 3 bedroom semi-detached home situated on the edge of one of East Devon’s most popular villages being sold with the benefit of no chain.
This home is believed to have been built back in the 1930’s and offers generous accommodation. The current vendors started a refurbishment programme on the property which now just needs finishing off.
This offers any would be buyer the chance to buy a very affordable home in a wonderful village to make it their own.
The accommodation includes on the ground floor, an entrance hallway with stairs off to the first floor, a door to the lounge which includes a fireplace with woodburning stove, and a door into the kitchen/ Dining room.
A door leads from the kitchen to a lobby area with access to the bathroom and from the kitchen there are patio doors into a conservatory.
Upstairs there are 3 good sized bedrooms all benefitting from far reaching rural views The property further benefits from double glazed windows, external doors and electric heaters.
Cokers Elm lies on the edge of the sought-after conservation village of Stockland, set within the Blackdown Hills National Landscape.
The village offers a well-regarded primary school and pre-school, village hall with regular events, popular public house and historic church. Dalwood (approx.
3 miles south) has a community-run shop and pub, while Honiton (about 6 miles south west) provides a wide range of shops, leisure facilities and a mainline rail link to London Waterloo.
Exeter is around 22 miles west, offering excellent shopping, transport links, M5 access and an international airport.
The Jurassic Coast at Lyme Bay is just 9 miles south, renowned for its spectacular coastal walks. A real feature of this property is its outside space.
To the front there is a beautifully presented garden mainly laid to lawn with well stocked borders and hedging. From here you get magnificent far reaching rural views.
To the rear is a smaller garden with a side space ideally for wood storage, a large, corrugated shed, a patio and lawn. Again, from the rear you get amazing rural views. Parking.
The property has a communal parking area at the end of the lane just a short walk from the house.
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
Agent & docs
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FAQ
About 4, Cokers Elm, Honiton
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