We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · EX8 5AJ
Listing removedListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the edge of the Nutwell estate and believed to have been a former worker's cottage, this delightful house is set in grounds of a third of an acre and has beautiful views over neighbouring fields and to the Exe Estuary.
The cottage has a good size kitchen, a spacious sitting room leading through to a dining room.
Off the dining room is a recently constructed downstairs utility room and WC with shower and a separate door to the driveway.
Upstairs there are two double bedrooms both with en suites, a third (single) bedroom currently used as an office. Outside, the grounds of the house are to the side; mainly laid to lawn.
The driveway leads to the large garage and parking area. There are also a number of sheds and a large summerhouse. The garden enjoys wonderful views over the neighbouring field.
Situation Located on the edge of the sought-after estuary village of Lympstone which offers ease of access to both the seaside town of Exmouth and the Cathedral City of Exeter.
The village has a well-established local Primary school in the middle of the village, with St Peter’s independent school on its outskirts.
There is a well-regarded doctor’s surgery, two churches, four pubs, one cafe, a hairdressers and a village shop with extended opening hours.
A Michelin star restaurant and boutique hotel is a near neighbour.
Lympstone supports a wide selection of clubs and societies: Sailing and tennis clubs, an active gardening club, film society and other societies bringing live music and drama to the village and fostering home-grown talent.
The half-hourly Avocet line train service, with its beautiful views across the River Exe, links the village with Exeter’s two main stations: Exeter St David’s with its fast train service to London Paddington and Exeter Central with its service to Waterloo.
Exeter Central station is at the heart of Exeter’s lively shopping centre. The M5 at Junction 30 is just 8 miles away.
The Exe Estuary Trail; 26 miles of cycleway along both sides of the Rive Exe, is a much-enjoyed addition to Lympstone’s many attractions.
Directions From Topsham, head towards Exton via Station Road and Elm Grove Road and at the St. George & Dragon Inn roundabout (after passing Darts Farm on your left), turn right onto the A376.
Pass Ebford and Exton and continue past Lympstone Commando base on your right.
The entrance to Nutwell Cottages will be found a short distance along on the right hand side, once you have passed the Toby Carvery on your left.
What3Words: ///painted.parked.guessing Services The vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity and water.
Private drainage system/septic tank located within the property boundaries, understood to be of brick construction and shared by 1 and 2 Nutwell Cottages.
The soakaway is located in the adjoining field to the North. Maintenance – last serviced and emptied by Hydrorod on 11 April 2025 at a cost of £350 shared between 1 and 2 Nutwell Cottages.
The vendor advises that the septic tank is not compliant with the current General Binding Rules, and they are in the process of obtaining a quote to rectify this.
Please ask agent for further information. Electric underfloor heating in principal en-suite. Telephone landline not connected. Broadband: Under contract with Sky.
Estimated Standard speed 7 Mbps and Ultrafast speed 1800 Mbps. Mobile signal: Several networks currently showing as available at the property including O2, EE, and Vodafone.
Agents Note The neighbouring property at 1 Nutwell Cottages has a pedestrian and vehicular right of access across the driveway through the wooden gate.
Agents Note Please note the vendor is an employee of Wilkinson Grant and Company Ltd Agents Note The wood burner in the sitting room requires updating and should not be used in its current state.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 2 Nutwell Cottages,, Exmouth Road, Lympstone
Explore nearby