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See how verdicts work4-bedroom house · EX15 3JX
Listing removedReduced £5k (−1.8%) on 2 SepListed 186 days
Opportunity summary
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About
*Watch the Video Tour* A traditional, period, semi-detached cottage requiring some updating, lying in a convenient location on the outskirts of Culmstock.
With a large, detached garden, perfect for country living, some hens and fruit and vegetable production.
Pines Corner is named after the distinct Scot’s pine trees in front of it and has a pretty honeysuckle arch and path leading to the front door.
The original cottage is believed to date back around 300 years and was significantly extended around 1985 to provide extra bedrooms, living space and an enclosed, walled garden for a growing family.
The cottage offers very comfortable, much loved accommodation which has recently had a new roof and additional insulation to the original part, improving the warmth of the stone and cob walls, and with a wood burner in the sitting room is very cosy in the winter, yet nice and cool in the hot summer months.
The kitchen is the social hub of the accommodation and is fitted in an original oak style with ample cupboard storage, work surface, an integrated double oven with ceramic hob and extractor hood over, and space for appliances.
There is also space for a large dining table and chairs and from the kitchen, the utility room, with cloakroom to one side, leads to the rear garden.
Upstairs, there are four bedrooms, two doubles with fitted wardrobes and two singles, one of which is used as a TV room but would also make a useful home office.
The family bathroom has a separate bath and shower cubicle and whilst functional, is ready to be modernised to taste.
Adjoining the cottage, there is a walled garden, laid to lawn, with a gate leading out to the road and side access.
A short step from the cottage, across the road, there is an area of detached garden, approximately 0.1 acres, which has been used principally for vegetable and soft fruit production over the years and has some sheds which require repair or replacement.
Opposite the cottage, there is a parking area, see Agent’s notes below. Services: Mains water and electricity. Private treatment plant drainage. Tenure: Freehold.
Council Tax: Band D Local Authority - Mid Devon District Council Agent’s notes: Pines Corner has a ‘Certificate of Lawfulness for the existing use of land for the use of storage and parking in excess of 10 years’ (Mid Devon District Council reference 16/01241/clu) for the parking area opposite.
Seddons can provide more detail on this, which should be confirmed by any prospective purchaser’s solicitor.
The garden has the modern treatment plant for the cottage within its bounds and the neighbour’s septic tank.
Pines Corner lies a third of a mile from the village of Culmstock, on the road to Hemyock, in the Culm Valley, beneath the Blackdown Hills, which is designated as an Area of Outstanding Natural Beauty and renowned for country walks along the River Culm, horse riding, mountain biking and challenging road cycling.
The village has a great sense of community typified by the thriving local amenities including The Strand Stores cafe, deli and shop, Culmstock Cricket Club, a recreation field and children's play park, the popular ‘Culm Valley Inn’ and the primary school, which feeds into nearby Uffculme School, Ofsted rated 'Good' or 'Outstanding' in the four assessed categories.
The M5 is quickly accessible, ideal for commuting from this tranquil village location to Exeter, Taunton and London and Tiverton Parkway Station at Sampford Peverell offers regular services to London Paddington, in 2 hours.
Exeter c. 22 miles Junction 27 M5 c. 6 miles Tiverton Parkway Station c. 7 miles Junction 28 M5/Cullompton c. 10 miles Wellington c. 7 miles Taunton c.
16 miles Please see the floor plan for the dimensions. The internal photos have been taken with a wide-angle lens to show more of the rooms.
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 Pines Corner, Cullompton
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