4-bedroom house · EX11 1AB
Listing removedListed 677 days
Opportunity summary
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About
This larger than average and attractively presented terraced house is believed to have originally been 2 cottages, so that it offers very spacious and versatile accommodation.
The front door gives in to a large reception hall with plenty of space to use as a study or snug.
The main living room is sub-divided by folding doors so that it currently provides a 4th bedroom and a separate sitting room.
The lovely kitchen/breakfast room is L-shaped and features an extensive range of matching units incorporating a sink unit and extensive worktops.
Integrated appliances include twin built-in ovens, a 5 burner gas hob with extractor over, dishwasher, fridge/freezer, an additional fridge, a tumble dryer and a washing machine.
There is a skylight and a sunny breakfast area with double-doors onto the garden. There is also a separate WC.
On the first floor the landing has stripped wooden doors to all of the upstairs rooms which include 3 double bedrooms and a large family bathroom. There is gas central heating and double glazing.
No chain Outside There is a good-sized enclosed rear garden with a patio area and steps up to a lawned area beyond which steps lead to a further area of garden with a small shed and greenhouse.
Directions From our offices in the town square proceed along Mill Street where the house will be found on the left just before the ‘Give Way’.
Location Ottery St Mary, home of the world famous ‘Tar Barrels’, is one of the oldest and most historic towns in Devon and boasts an array of amenities including a range of independent shops – butcher, greengrocer, bakery, chemist, supermarket etc.
There is an excellent range of schools including The Kings School and a first-class medical centre.
The town also has excellent road and rail links with access to the A30, M5 and London ‘Waterloo’ line only a short drive away. The City of Exeter and its International Airport are also close by.
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
Agent & docs
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FAQ
About 71 Mill Street, Ottery St Mary
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