2-bedroom flat · EX14 1NZ
For saleListed 21 days
Opportunity summary
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About
A distinctive and spacious loft apartment in a private town-centre setting, offered with no onward chain. A Characterful Victorian Conversion Period character. Contemporary comfort.
Far-reaching views. An exceptional two-bedroom apartment created from a Victorian schoolhouse and conceived as a light-filled, architect-designed loft.
Exposed beams and brickwork bring warmth and authenticity to the generous interior, while vaulted spaces and far-reaching views create a striking sense of openness.
The accommodation includes a private entrance and courtyard garden, two bedrooms, a substantial open-plan living room, fitted kitchen, galleried landing and study area, bathroom, and a cloakroom/utility area.
Gas central heating is complemented by traditional-style cast-iron School House radiators throughout, together with a Megaflo high-pressure hot-water system.
The Accommodation Ground Floor Entrance Hall Welcoming entrance hall with useful understairs storage cupboards. Utility Room Practical utility space with room for a washing machine and tumble dryer.
Separate WC A conveniently positioned cloakroom.
First Floor Main Bathroom Well-proportioned bathroom with bath and overhead shower, WC and wash hand basin, together with ample space for cupboards or shelving.
Second Floor A dramatic upper level with vaulted ceilings and Velux windows throughout. Galleried Landing / Study Area An adaptable open space, ideal for home working or quiet reading.
Hallway With built-in storage cupboards. School House Loft occupies a discreet position just off Honiton High Street, opposite St Paul’s Church.
This central setting places the historic town’s schools, independent shops, restaurants, cafés and public houses within easy reach.
Honiton railway station is within comfortable walking distance and provides a direct service to Exeter and London Waterloo. The A30 is also readily accessible, linking to Exeter and the M5.
Exeter offers a mainline service to London Paddington, an international airport, and an extensive range of shopping and leisure facilities.
The town lies immediately south of the Blackdown Hills, a designated Area of Outstanding Natural Beauty, and approximately ten miles from Sidmouth and the spectacular Jurassic Coast World Heritage Site.
The apartment has its own private entrance opening to a generously sized courtyard garden-an appealing outdoor retreat in the heart of town.
Value & comps
No previous sales on record.
Returns
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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 1, Old School Court, Devon
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