3-bedroom house · EX17 6AP
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in Mid Devon, Nymet Rowland is a hidden gem not too far from Lapford and the A377 yet away from the main road in a peaceful and somewhat traditional Devon village.
Situated next to the church, this courtyard of modern farm buildings has full planning for replacement dwellings and is ready to go.
Planning was granted by Mid Devon under reference 24/00618/PNCOU for five new build, detached homes of 137 – 143 sqm each.
Each will share the courtyard access and each will have it’s own parking and gardens. The full planning documents can be found on the Mid Devon planning website using the above reference.
Worth noting is that the adjacent traditional barns also have planning for conversion into three dwellings and this site is also for sale at the time of writing.
Although adjacent, the two sites can be accessed and serviced independently but someone may wish to do all eight homes together.
VIEWINGS: Strictly with the agent please as the barns are still in use for agriculture at this time.
Current Council Tax: NA Utilities: Mains electric, water Drainage: NA Heating: NA Construction: Stone/cob Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential ID verification and anti-money laundering checks, as required by law.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Digital Photo Enhancement/Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, blue skies, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
NYMET ROWLAND is a small village set among Devon’s rolling hills and is thought to have started life as Norman manor, as per the Domesday Book listing of 1086.
Since then, the village has seen several new additions, including a well patronised village hall, but is still regarded as a smaller village when compared with, say, its close neighbour Lapford, which has a pub, primary school and garage with shop.
In the 1870’s the village had a sojourn with the national press who published the antics of a family referred to as the ‘Nymet Savages’.
Today, Nymet is a peaceful village favoured for its proximity to a good road system and Lapford station, both of which offer excellent access to towns further afield.
DIRECTIONS : Upon entering Nymet Rowland from the A377 at Lapford Cross, follow the country lane through the village and you’ll see the church on the right, the entrance to the yard is just before you reach the church on the right.
Value & comps
No previous sales on record.
Returns
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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 Nymet Rowland, Crediton, EX17
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