2-bedroom terraced house · EX20 3EA
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Some homes are all about the setting, and this charming two-bedroom countryside cottage certainly makes the most of its surroundings.
With beautiful views stretching across open fields towards Dartmoor, plenty of off-road parking and a characterful interior, this is a lovely opportunity for anyone looking to enjoy a quieter pace of life without feeling completely cut off.
Tucked away in the village of Merton, the cottage has a welcoming, traditional feel, with exposed timber beams, natural wood finishes and a particularly attractive stone fireplace at the heart of the living room.
Housing a wood-burning stove, this is a cosy spot to settle down in the evenings, with enough room for comfortable seating and a separate dining area.
The dining space currently accommodates a drop-leaf table, making good use of the room while providing somewhere to sit down together for meals.
The kitchen has a more contemporary finish, with cream shaker-style units, wood-effect worktops and white metro-tiled splashbacks.
Despite its compact layout, everything has been thoughtfully arranged, with an integrated oven, electric hob, extractor hood and space for additional appliances.
Just beyond the kitchen is a useful ground-floor shower room, fitted with a walk-in shower, WC and wash basin. Upstairs, the two bedrooms have their own individual appeal.
The main bedroom comfortably accommodates a double bed alongside bedroom furniture, with a window framing the surrounding countryside.
The second bedroom is currently arranged as a nursery, but offers flexibility for a child's bedroom, guest accommodation or a home office.
Both rooms enjoy attractive rural outlooks, adding to the peaceful feel of the cottage. Outside, the property offers more than you might initially expect.
The enclosed garden has been arranged into different sections, including a paved courtyard, a lawned area and a further gravelled space.
There's room to sit outside, enjoy a barbecue or simply make the most of the fresh country air, while the enclosed layout provides a practical outdoor space for children or pets.
A timber shed offers useful additional storage, currently used as a utility space.
Another real advantage is the generous off-road parking for up to four cars at the rear of the property, something that isn't always easy to find with a traditional cottage.
The rear of the property also boasts a stone outbuilding, perfect for additional storage.
Merton is a rural North Devon village surrounded by rolling countryside, offering an appealing setting for those who enjoy walking, exploring and spending time outdoors.
With a local school nearby and access to the wider North Devon countryside, the location offers a balance of village life and everyday practicality.
The open views towards Dartmoor are a particular highlight, bringing a wonderful sense of countryside living to the property.
Whether you're looking for your first home, somewhere to downsize or simply a cottage with character and countryside on your doorstep, this is a property with plenty to appreciate.
Call now to arrange your viewing! Local Shop - 4.4 miles // Local Pub - 0.1 miles // Local School - 0.2 miles // Parking - Off-Road Parking For Up to Four Cars // Tenure - Freehold
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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