House · EX37 9NS
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A highly attractive block of mature broadleaved woodland on the edge of the sought-after village of Chittlehamholt. 3.64 acres in all. Good access.
Situation Chittle Wood is situated on the eastern edge of the popular North Devon village of Chittlehamholt, nestled above the attractive Mole Valley.
The village benefits from a well-regarded public house, The Exeter Inn and a community shop.
The popular market town of South Molton is only 6 miles and the regional centre of Barnstaple is about 12 miles.
Description Extending to approximately 3.64 acres (1.47 hectares), Chittle Wood is an attractive parcel of mature mixed broadleaved woodland, offering an excellent opportunity to acquire an easily managed amenity woodland in a peaceful rural setting.
The woodland is particularly notable for its impressive mature oak trees, many of which are tall, straight-grown specimens that dominate the canopy and provide real character.
These are complemented by a variety of native broadleaved species including hazel, ash, birch and holly, creating an attractive and diverse woodland environment.
The woodland is easy to explore, while the open canopy in places allows light to reach the woodland floor, supporting seasonal displays of bluebells, ferns, wood anemones and wild garlic.
The woodland enjoys good access via a gated entrance. Access The woodland is accessed via a short track from the village.
Tenure The woodland is owned freehold and vacant possession will be available upon completion.
Wayleaves And Rights Of Way The woodland is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.
A public footpath leads through and beyond the woodland. Viewing Viewings by appointment through the sole selling agents, Stags on .
Directions From the centre of Chittlehamholt, diagonally opposite the turning for Portsmouth Arms, continue along a track marked with a public footpath sign.
The entrance to the woodland will be found on the left after about 150m. What3words Ref: Fitter.adults.quote
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.
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