2-bedroom house · EX20 2HP
Listing removedListed 106 days
Opportunity summary
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About
Stoat Mews, Butts Way, North Tawton A super semi detached two bedroom cottage in a quiet cul-de-sac within easy reach of the town centre and all its amenities.
A good size easy maintenance courtyard to the front leads to the front door and a useful porch. The downstairs is mostly open plan with living room, dining space and a neutral modern fitted kitchen.
Upstairs the main bedroom is spacious and bright with a built in cupboard and some views to the front.
The second bedroom could also accommodate a double bed but would also work well as a home office or hobbies room. The shower room offers a modern double shower cubicle, wash basin and WC.
To the front is a good sized walled courtyard which is paved and easy to maintain. From here there is direct access through a side door to the Workshop and Garage.
These spaces offer ample storage and with power connected also offer a great space for hobbies. There are also two parking spaces alongside the courtyard wall.
The cottage is located in a tucked away location near to the centre of North Tawton and the local park.
There is almost level access into the small town which offers a doctors, vets, Spar shop, café, further shops and Church. There are also 2 public houses.
Situated between the larger towns of Okehampton (7 miles distant) and Crediton (12 miles distant), both offering rail links to Exeter.
The A30 dual carriageway is easily accessible by car providing links to Exeter (23 miles approx) and the coast.
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.
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About 2 Stoats Mews, Butts Way, North Tawton
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