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See how verdicts work3-bedroom detached house · EX18 7HL
For saleReduced £30k (−9.2%) on 21 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful Grade II Listed country cottage situated in a popular village location, three bedroomed accommodation with garden and parking. Offered for sale with no onward chain.
Situated in the heart of this popular village, Bank Cottage provides prospective purchasers the opportunity to acquire a delightful detached character home providing versatile three bedroomed family accommodation.
The accommodation is entered through the porch with space for hanging your coats and boots. The porch leads through to the dual aspect living room that is a real feature of the property.
A spacious room that floods with natural light, and oozing in character with a stone ingle nook fireplace with an open fire and exposed beams and space for a dining table.
Please note typically of a traditional cottage the ceiling is of low height. The lounge leads through to the galley style kitchen.
There is a range of base and drawer units, tiled splashback, built in oven, hob with extractor hood and Belfast sink.
A door leads to the utility area, which has base units, stainless steel sink and drainer and access to the side of the property.
There is a versatile downstairs bedroom, which can be used as a study or home office.
To complete the downstairs accommodation is the family bathroom, with bath, shower cubicle, WC and wash hand basin.
To the first floor stairs lead to the galleried landing, where you will find two double bedrooms., with the main bedroom enjoying countryside views.
Outside Situated to the side of the property is a private gated driveway providing parking for two vehicles, which leads to a useful outbuilding/workshop.
To the rear of the property is a good sized lawned area with a range of shrubs and trees and a small wildlife pond.
Services & outgoings We understand that all mains electric, water and drainage services are connected to the property. Oil fired central heating.
Chawleigh is a quiet semi-rural village nestled in the heart of central Devon overlooking the Little Dart and Taw Valleys.
The village itself benefits from a post office/general store, as well as two local public houses.
Lying just over a mile to the north west is the small town of Chulmleigh providing a thriving and very active local community which has managed to retain a good range of local services, including highly regarded primary and secondary schools, a sports centre, post office, various shops, a health centre, dentist, public houses and restaurants, and a historic town hall.
Despite its rural position the property still enjoys easy access to the surrounding districts and further afield with the larger centres of South Molton, Crediton and Exeter providing an extensive range of every day shopping, banking, recreational and educational facilities.
From South Molton the A361 North Devon link road provides easy access to the M5 motorway (Junction 27).
There are nearby rail stations on the Barnstaple to Exeter (Tarka) line at Eggesford and Lapford. There is also a regular bus service to Crediton and Exeter.
Mainline intercity rail links are available at Exeter and Tiverton Parkway, with international airports at Exeter and Bristol.
The area provides a wealth of recreational activities including walking, horse riding, cycling, fishing on the rivers Mole and Taw, hunting, shooting and nearby golf courses at Chulmleigh, High Bullen and Libbaton.
To the north the Exmoor National Park offers beautiful moorland scenery with many foot and bridle paths, whilst the stunning North Devon coast is easily accessible.
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 Bank Cottage,, Chawleigh, Devon
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