3-bedroom detached house · EX16 5BD
Listing removedListed 57 days
Opportunity summary
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About
Springfield Lodge is a detached historic lodge featuring beautiful National Trust-style gardens, situated within comfortable walking distance of the town centre while remaining peacefully tucked away.
Truly an oasis!
Springfield Lodge is a detached historic gatehouse that formerly served Newplace - a distinguished Grade II listed 18th-century residence on the edge of Tiverton with roots tracing back centuries.
Ideally positioned within comfortable walking distance of the town centre, the property remains exceptionally tucked away, offering complete seclusion from the pace of modern life.
The property has been exceptionally well-maintained and updated by the current vendors, who have done a magnificent job of retaining and replicating the original charm and character of the time in which it was built.
A charming recessed porch provides access to the traditional entrance lobby with stairs leading to the first floor, and we suspect, the original tiled floor.
Situated to one side of the stairwell, the tranquil and cosy sitting room is perfect for an evening retreat - just perfect for keeping cosy in front of the fire on those wintery days.
The larger of the living spaces was once two rooms, the current owners having opened this through into a light and airy living space, which at one end serves as a dining room situated next to the kitchen, and at a relaxing space at the other end provides a great spot for sitting down with a good book.
The kitchen was no doubt added to the property some years ago, and offers plenty of working space and storage, room for a breakfast table, and complemented by an adjoining utility area, a rear porch, and a cloakroom.
A turning staircase leads up to the attractive first-floor landing, which opens to three well-proportioned double bedrooms.
These rooms are all served by a family bathroom featuring a luxurious roll-top bath and a separate standalone shower cubicle.
The exterior features a striking red brick facade adorned with decorative gables and a private driveway approach.
Offering ample parking, the property includes a carport, additional parking spaces, and generous room for visitors right outside. The gardens truly are an oasis!
I can only liken these to a miniature version of National Trust gardens with well-trained plants and shrubs that have clearly been invested in by the owners, who have created a beautiful mix of shaded, sheltered areas, seating, as well as fruit and vegetables.
Featuring an exquisitely trained espalier pear tree against the back wall, an extended arbour passageway flanked by low-lying evergreen hedging, a rich mix of flowering plants, shrubs, and topiary, and a tranquil water feature providing a peaceful background sound.
There are also some useful brick-built potting sheds, and a couple of greenhouses which will remain.
For those who appreciate the outdoors, magnificent country walks are readily accessible right on the doorstep.
Just over the hill lies Little Silver, a hidden valley featuring tranquil woodland that stretches up toward Buzzards-a protected haven renowned for sightings of otters, diverse wildlife, and seasonal displays of bluebells.
Complementing this rural seclusion, the historic market town of Tiverton provides a vibrant array of local clubs, comprehensive shopping facilities, essential social amenities, and well-regarded schooling.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Springfield Lodge, Seven Crosses Road, Devon
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