2-bedroom house · EX5 2LD
For saleListed 42 days
Opportunity summary
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About
An attractive 2 bedroom barn conversion located in the East Devon countryside on the edge of Exeter with a lovely sitting room with wood burner, good sized garden to the rear, attached garage and off road parking.
Situation The Old Dairy is situated on the outskirts of the popular village of Aylesbeare, which offers a church, village hall and pub, whilst the popular town of Ottery St Mary is nearby with the renowned Kings School secondary school.
There is good access to Exeter, the A30 dual carriageway and M5 motorway, Exeter International Airport and the World Heritage coastline at Sidmouth to the south.
Accommodation This property offers spacious accommodation, seamlessly blending modern comfort with charming character features.
The kitchen/diner is fitted with contemporary units, providing ample storage space and an electric oven, and enjoys lovely views with direct access to the rear garden.
The sitting room features vaulted ceilings, a woodburning stove, and patio doors leading to the gardens.
The master suite is a peaceful retreat, complete with an ensuite shower room and a range of fitted storage.
Bedroom 2 is also well-proportioned and is conveniently located near the family bathroom, just off the hallway.
Outside The gardens are both charming and incredibly private, predominantly laid to lawn and beautifully complemented by a variety of mature shrubs and flowers.
At one end, a delightful patio area offers the perfect spot for outdoor dining and relaxation.
The property also benefits from an attached garage and allocated parking, ensuring convenience and storage. Services Current Council Tax: E Utilities: Mains electric and water.
Drainage: Private drainage Heating: Lpg heating and wood burner Tenure: Freehold Standard broadband available. EE, O2 and Vodafone mobile networks available (Ofcom).
Directions From Exeter and the M5 motorway, head east on the A3052 towards Sidmouth and after 5 miles turn left onto Harp Lane. Proceed along Harp Lane and at the grass triangle bear left.
Continue along the lane into the barn complex and The Old Dairy is on the right. Agents Note Please note, there is management charge for shared maintenance of £500 per year currently.
There is a covenant stating that you are not allowed to park a car directly in front of the garage.
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 The Old Dairy, Nutwalls Court, Exeter
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