This property has been taken off the market.

23 Bed House For Sale Cutteridge Lane, Exeter, EX4

£2,750,000

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 28th April 2024

Description

THE STABLES The Stables is a stunning house that has been meticulously renovated to an exceptional standard throughout. The house home includes 5 bedrooms, 2 with ensuites, 2 very large lounge area, a fully fitted superb kitchen space and a family bathroom which is also recently modernised. This house comes with charming courtyard at the front of the property, also offering multiple parking spaces. 

THE FARM HOUSE This wonderful property has no end to the opportunities available. Dating back over 400 years but not listed, it offers a much freer approach to any future developments.

Currently set up as a large, South Facing, 6 bedroom family home with 2 Annex's (The Well House and The Studio) that are on AST's The main house has 2 reception rooms and 3 bathrooms and is extremely spacious inside.

The owner has began refurbishing the family home and has replaced the windows with triple glazed UPVC and also replaced the door with a UPVC door. Lead work around the chimney has been completed and the kitchen space has had some wiring updated. First Fix plumbing is in ready for radiators and a new boiler. There is an LPG tank outside of the property. The soffits, fascia and guttering have all been replaced and the walls have been stripped of many years of plaster and plaster board leaving a blank canvas for someone to come and make into their own dream home.

The property will come with a large plot measuring approximately 38mx20m but could be split however the buyer chooses.

The Farm House
 

ADDITIONAL PROPERTIES Harmony
Harmony annex
The Well House
The Farm House
The Studio
Angel Cottage
Cornerstone
Salamander
The Hay Loft
Kunzite
Wood Ball
Sunset View
Honey Corner
The Pottery
The Stables  

INCOME There are 15 properties in total along with the land.
Total income currently generates over £10,000 per month, not including the Farm House or The Stables converted main house. 

LOCATION Cutteridge Farm is situated in a rural position, just 3 miles west of the centre of Exeter. The edge of St Thomas is within 2 miles, which has a good range of day-to-day facilities. Other villages in the locality include Whitestone (1½ miles), Longdown (2 miles) and Ide (2 miles). The property is set at the end of a 'No through' council lane at Cutteridge Farm, which comprises a collection of residential properties. A bridleway continues from the farm over the A30 dual carriageway up to Holcombe Burnell and Longdown. Access to the A30 is 2 miles at the Alphington roundabout, or a similar distance to the west near Pathfinder Village. The land with the property runs down to the edge of the A30 itself.

Located next door to the property is 25 acres of Woodland Trust Land. The Woodland trust as I am sure you are aware protect woodlands for future generations. There are further protected areas within the vicinity of the estate.\t
 

SUMMARY Excellent opportunity to acquire The Stables 6-7 Bedroom House, a large 6 bedroom farm house, block of four one bedroom apartments, multiple annex's, , 2 semi detached houses and a detached bungalow with potential to extend up. This investment opportunity already generates an amazing income in excess of the £10,000 per month not including the Farm House or The Stables.  
Agent Details
Smart Estate Agent
10 Southernhay West Exeter EX1 1JG

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 23 bedroom property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested