3-bedroom house · EX17 6DF
Listing removedReduced £75k (−18.8%) on 16 JulListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zeal Monachorum, Crediton This delightful grade II listed cottage offers a wealth of charm and character with exposed beams and inglenook fireplace in the principal living room.
There are two reception rooms and a kitchen/breakfast room with walk-in pantry on the ground floor and on the first floor are three bedrooms and family bathroom.
The property has undergone a good degree of sympathetic modernisation and improvement but requires the last few finishing touches.
The house and all rooms enjoy a southerly aspect and have far reaching views over the village, surrounding countryside and towards Dartmoor National Park in the distance.
To the front of the property a wrought iron gate gives access to a cobbled path to the front of the house.
A couple of steps lead to a south facing, generous level lawn garden and at the far end of the house is a useful workshop.
A few minutes walk from the cottage is a further area of level garden and parking and a detached garage/workshop Situated in the heart of the village, a short walk from the village church and the Waie Inn, which offers a wide range of sporting facilities from swimming pool to squash and tennis courts.
The nearby village of Bow offers a medical centre and Coop supermarket along with garden centre, and the towns of Crediton, North Tawton and Okehampton are all easily accessible by car.
The Cathedral city of Exeter is some 17 miles away.
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
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FAQ
About Partridge Cottage, -, Crediton
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