3-bedroom detached house · EX22 7BG
Sold STCReduced £30k (−4.6%) on 20 MayListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Canal Cottage enjoys a wonderfully peaceful rural setting on the outskirts of Chilsworthy, occupying a distinctive position along the former bank of the Bude Canal and offering a rare combination of character, refinement and land.
Approached by a long private tarmac driveway of about 500 metres, the property immediately feels private and secluded, while the recent refurbishment completed in 2024 has brought a fresh, stylish finish throughout.
Inside, the house has a warm and welcoming feel, with a layout that balances everyday practicality with comfortable living.
The kitchen and dining room forms an impressive heart of the home, finished with Delabole slate flooring, Silestone quartz work surfaces, a Belfast sink and ample space for dining and gathering.
A separate utility room adds convenience, while the sitting room opens beautifully from the main living space and benefits from a wood burning stove, wood flooring and plenty of natural light from its dual aspect.
Upstairs, all three bedrooms are generous doubles, each with useful fitted storage that helps the accommodation feel well considered and easy to live in.
The family bathroom has been attractively appointed, with a walk-in shower, separate bath, vanity storage and a backlit mirror adding to the polished finish.
Outside, the appeal continues with formal gardens, an illuminated patio and open countryside beyond, creating an ideal setting for relaxation and entertaining.
The wider grounds extend to about 6 acres and include a productive vegetable garden with raised beds and a greenhouse, a substantial former agricultural barn with scope for future use subject to any necessary consent, and a 5.4 acre paddock that may suit a variety of lifestyle needs.
Agents Note: There is also a right of way over the driveway in favour of the neighbouring properties, Canal Barn and Canal Dairy, for access to their homes.
From Bude proceed towards Holsworthy on the A388. As you enter Holsworthy turn left signposted Chilsworthy, just after the M & S shop on the right.
Follow this road, as you enter the village the entrance to the drive can be found on the left-hand side marked with a Webbers For Sale board. What3Words: slyly.verge.tastes
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
FAQ
About Chilsworthy, Holsworthy, Devon, EX22
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