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See how verdicts work6-bedroom house · EX20 3NP
Listing removedListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elmfield is an elegant and spacious late Georgian/early Victorian house, situated in the heart of the village.
The house is listed as being of architectural or historical interest, Grade II, and stated as being 'c 1830–40'.
It has sash windows beneath a hipped slate roof and well-proportioned, high-ceilinged room s typical of the architectural period, complemented by newly laid 17th-century oak floorboards.
The spacious, well presented and comfortable family accommodation has considerable character and charm, with many period features retained, such as attractive fireplaces, decorative cornicing and ceiling moulds, window shutters and exposed boarded floors.
Either side of the entrance hall are the drawing and dining rooms and, to the rear, is the large sitting room with four oven aga and French doors to the terrace and gardens.
Steps descend to the cellar and the staircase rises to the first floor with principle suite having bedroom with fitted wardrobe cupboards and walk-in dressing cupboard.
There are four further bedrooms and a study with fitted bookcases. Wrought iron double gates open to the entrance driveway and parking area in front of the house.
To the left of the house, within the driveway, is the double garage building.
French doors from the sitting room open to a stone paved terrace and extensive mature gardens to the rear of the house, featuring level lawns and a variety of ornamental trees and shrubs, from which there are lovely views of Dartmoor.
The gardens also include a small workshop used for storage, a vegetable garden, a fruit cage, an orchard, and a greenhouse.
Northlew is a small, attractive, quiet village in the heart of the unspoiled rolling countryside of West Devon.
The village has a church, The Green Dragon pub, a primary school, and a post office which is open every Monday and Friday.
About 5 miles away is the small town of Hatherleigh with a range of local amenities including supermarket, shops, café, pubs, doctor's and vet's surgeries and two garages.
The town of Okehampton is also within easy reach with more extensive facilities including shops, pubs and restaurants, secondary school, leisure centre, doctor's and dentist's surgeries and supermarkets, including Waitrose.
There is a selection of private schools in the area including Mount House at Tavistock, Shebbear College, West Buckland and Exeter School and Maynards for girls.
The area offers many beautiful walks, including the Tarka Trail, and about 8 miles to the south lies Dartmoor National Park, famed for its spectacular scenery and opportunities for walking, cycling, riding, and fishing.
To the north are Exmoor National Park and the stunning coastlines of North Devon and Cornwall, with their sandy surf beaches, rugged cliffs, and hidden coves.
The A30 can be accessed at Okehampton, providing routes west into Cornwall and east to the university and cathedral city of Exeter, which offers access to the M5 motorway, mainline rail connections to London (Paddington and Waterloo), and an airport.
Okehampton also has a train station on the recently reopened branch line, with regular services to Exeter.
Additionally, Plymouth, with its renowned Theatre Royal, Barbican and Hoe, is approximately 34 miles away.
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 Station Road, Okehampton
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