2-bedroom terraced house · EX15 1JP
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Watch the Seddons' Video Tour* A two bedroom character cottage, situated just off the High Street with two double bedrooms and open plan living accommodation downstairs. No onward chain.
No parking and no outside space. Longdescription - This character cottage would make a perfect first home or investment and offers well-appointed accommodation in a central position.
Downstairs offers an open plan living/dining room and kitchen with modern kitchen units fitted and space for appliances.
Upstairs there are two good double bedrooms with family bathroom incorporating a white suite with shower over the bath. Services: mains water, electric and drainage.
Tenure: Freehold Council Tax: Band A Local Authority: Mid Devon District Council The cottage lies in the centre of Cullompton, which has a range of shops including 'Veyseys', an award-winning butcher's, Costa Coffee, Tesco, Aldi and Home Bargains supermarkets, take-aways and popular cafes including, 'The Bakehouse', 'The Lime Tree' and 'Nosh'.
Other amenities include two primary schools, Cullompton Community College for secondary education, a contemporary health centre, a library and community centre, a doctor's surgery, a veterinary practice, churches, sports clubs, pubs, and recreation facilities.
From the town, there are popular walks through the river meadows, adjoining the River Culm, and other routes along the town’s leat and surrounding country lanes.
Cullompton is ideally placed for commuting, with quick access to Exeter via J28 of the M5 or the B3181 main road through Broadclyst and Pinhoe.
There are regular bus services through the town and rail links at Tiverton Parkway and Honiton stations, to London Paddington (in 2 hours) and London Waterloo, respectively.
The 'Falcon' coach service also stops in the town, providing economic travel between Plymouth and Bristol, with stops in between, including Bristol Airport. Exeter c.14 miles Taunton c.
23 miles Tiverton c. 7 miles Tiverton Parkway Station c. 6 miles Honiton c. 11 miles Please see the floor plan for the dimensions.
The internal photos have been taken with a wide-angle lens to show more of the rooms.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
FAQ
About Middle Mill Lane, Cullompton, Devon
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