Guide price
£19,000
6 bed farmhouse for saleFarm House, Snodwell Farm, Post Lane, Cotleigh, Honiton, Devon EX14
6 beds
- Auction
- Freehold
Paul Fosh Auctions
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About this property
Advised Freehold - to be verified by solicitor note: A monthly payment of £45 towards upkeep of lane and communal areas.
To be sold with vacant possession. Investors If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a...
For sale by online auction - Lot 3 - House for homeowner occupation / investment
Bidding opens: 02/09/2025 12:00
Auction scheduled to end: 04/09/2025 17:06
online auction from 2nd September - 4th September 2025
The Farmhouse is an incredible opportunity to purchase a one of its kind property full of character and charm set in close proximity to the local town of Honiton in Devon. It is set over three storeys meaning ample space, and also off road parking with front and rear gardens. The farmhouse is Grade II listed and boasts 6 bedrooms, fantastic views to the rear of the surrounding Devon countryside, log burner and even use of a communal outdoor swimming pool, along with it's own library. The property boasts all of its original features with exposed beams internally and exposed stonework but offers an incredible place to live in residentially or use as a second home or rent out to the local holiday market and create a fantastic income opportunity .
The property offers a great opportunity to buy, renovate and sell back on to the open market. Modernisation is required but would offer a great return with sales of large properties of this size selling locally in excess of £650,000.
Another fantastic market for this property would be to use as a bolt hole / holiday let with it being set in the heart of the Devonshire countryside. Figures from a national holiday let company for a 6 bedroom holiday let in this area that accepts dogs and has access to a pool and is open for let in summer and winter season would be looking at an approximate gross income of £77,800, if it was refurbished to a high standard. The feedback on the property was there is a shortage of 5+ bedroom properties available to holiday let market currently and there is a large proportion of stock available is 1-3 bedrooms. This meaning, a 6 bedroom property refurbished to a good standard would be in high demand.
Virtual tour
Tenure:
Advised Freehold - to be verified by solicitor
note: A monthly payment of £45 towards upkeep of lane and communal areas.
Tenancies:
To be sold with vacant possession.
Investors If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email for invaluable advice.
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