3-bedroom house · EX13 5AH
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three storey period cottage with attractive character features, generous room sizes, and the benefit of no onward chain.
The Property An interesting three-bedroom property, formerly a sweet shop and converted to residential accommodation around the turn of the century.
The property retains its unusual, curved façade, with sash windows adding to its appeal. The cottage is central to Axminster town with many of the amenities being a short level walk away.
Despite needing some updating and preservation the accommodation benefits from conveniences such a gas fired central heating system and ground floor cloakroom.
Accommodation To the front of the property is a small entrance hallway with cloakroom and door leading through to a spacious split level reception room with stairs rising to the first floor and exposed stone and brick fireplace.
To the rear is the kitchen, fitted with a good range of traditional wall and base units, space for appliances and stable door to the courtyard garden.
To the first floor are two bedrooms with the largest to the front elevation and a modern shower room.
To the second floor is a further bedroom which was added during the property’s conversion to full residential. Outside To the rear of the cottage is a small walled courtyard garden.
Situation 1 Twins Cottages is located along Silver Street and is set between the two main shopping areas with amenities immediately on your doorstep.
Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The town has a selection of national and independent retailers, doctor surgery, and dentists. There is a well supported country produce market held in Trinity Square every Thursday.
The beautiful River Axe Valley with its renowned bird sanctuary towards the southern end of its journey to the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are both at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles. Axminster train station is on the direct London Waterloo to Exeter line.
Directions What3words ///mended.servicing.meanest Services Mains electric, gas, water and drainage. Ultrafast broadband and mobile network coverage is available in the area.
Refer to Ofcom's website for more details.
Local Authority East Devon District Council Tel : Council Tax Band A Material Information The area surrounding the property is at a very low risk from flooding from river, seas, and surface water.
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.
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FAQ
About 1 Twin Cottages, Silver Street, Axminster
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