2-bedroom house · EX14 3AB
Listing removedListed 171 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Comprises: This converted barn offers a cosy cottage feel with Oil Fired Central Heating, most windows Double Glazed, with stunning views over the beautiful East Devon Countryside.
Entry into this pleasant and well-presented cottage is via a split stable front door. The Hallway/Dining Area has stone floors and is adjacent to the Galley styled Kitchen with electric oven and hob.
A spacious Sitting Room with wood burning stove enjoying private views over the orchard and open countryside beyond.
Outside there is a Utility Room with space and plumbing for a washing machine and tumble dryer.
Stairs to the first floor where there are 2 well-proportioned Double Bedrooms, each having its own Ensuite Bathroom comprising a panelled bath, WC, and wash hand basin (one having a shower over the bath).
Both Bedrooms have open countryside views to two sides. The Barn is approached via a shared driveway with allocated parking for 2 vehicles.
There is a private decking area at the rear (currently being replaced) with stunning views across the valley. Also, if required, a vegetable garden.
What really sets the cottage apart is a glorious rural setting within easy reach of the A30, mainline train link between Exeter and London from Honiton Station, not forgetting Exeter Airport.
Sat Nav location EX14 3AB. Gittisham is a quaint rural village within commuting distance of Honiton.
Quality restaurant and hotel at The Pig at Coombe and Coombe Garden Centre and Coombe Farm Shop are also close by.
Honiton is the closest town centre with an eclectic mix of independent shops, antique dealers and leading national stores: Tesco, Aldi and Lidl – all approximately 5 minutes away by car.
Key Facts: Rent:£1250 per calendar month, exclusive of utility bills.
Deposit:£1442 Holding Deposit:£288 Total Annual Household Income required to meet affordability:£37,500 Type:Available unfurnished.
Furniture / Appliances: Electric oven and hob Heating:Oil Fired Central Heating with Multi Fuel Stove in Lounge Utilities: Electric, Oil, Council Tax - Water is on a shared supply with private drainage and cost shared between the households.
The oil tank will be measured at the start of the tenancy and should be left filled to the same level at the end of the tenancy.
Council Tax Band: A District:East Devon District Council Terms: Assured Periodic Tenancy Restrictions: One small well behaved dog considered as close to local shoot.
No smoking allowed at the property Availability:Immediately Please contact Cardens Residential on or email to arrange viewings or for further information.
*Holding deposit: The holding deposit is no greater than one weeks rent and once paid reserves a property for the applicant.
If the landlord withdraws the property or declines your application the holding deposit will be refunded in full.
However, the deposit can be forfeited if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or an extended Deadline as mutually agreed).
On signing the tenancy agreement, the Holding Deposit becomes part of the Damage Deposit and will be offset against the total deposit due.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Goldcombe Farmhouse, Gittisham, Honiton
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