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Partridge Cottage, Zeal Monachorum, Crediton, Devon EX17 6DF
Marketed by:
Auction House South West
2 Cattedown Rd, Plymouth PL4 0EG, UK
01752 474200
3 Bed Cottage - Partridge Cottage, Zeal Monachorum, Crediton
Partridge Cottage, Zeal Monachorum, Crediton, Devon EX17 6DF
For Sale
£240,000+
Key Features
3 Bed Cottage
Guide price £240,000+
Lot 4
Current status: For Sale
Suggested strategy: BRRR / Buy-to-Let
Description
3 Bed Cottage at Partridge Cottage, Zeal Monachorum, Crediton, Devon EX17 6DF. Offered in Auction House South West's livestream auction on 9 September 2026. Current catalogue status: For Sale.
Location
The property is located at Partridge Cottage, Zeal Monachorum, Crediton, Devon EX17 6DF. Mapping coordinates are populated from the full postcode/address area rather than the broad postcode district.
Investment Analysis
Investment Snapshot
Guide Price | £240,000+ |
Refurbishment / Works Budget | HB indicative £24,000–£52,800 |
Purchase + Works | £264,000–£292,800 |
Estimated GDV / Value | £312,000–£396,000 |
Estimated Private Rent | £1,325–£1,925 pcm |
Potential Annual Rent | £15,900–£23,100 pa |
Gross Yield on Guide | 6.6%–9.6% |
Suggested Strategy | BRRR / Buy-to-Let |
Strategy Recommendation
Initial strategy: BRRR / Buy-to-Let. Set a maximum bid after checking the legal pack, condition, finance, local rents and comparable sales.
Works Required
Obtain a survey and contractor quotations. Allow for services testing, compliance, decoration and property-specific structural, roofing, damp, kitchen, bathroom, external or development works.
Rental & Market Context
HB figures are indicative appraisal ranges. Verify achievable rent, demand, voids, management costs and resale values using current local evidence.
Sold within approximately 5 miles
Check recent Land Registry sales and closely matched local comparables for type, size, tenure and condition before bidding.
Potential BRRR Position
Refinance potential depends on completed condition, lender valuation, tenure and rental stress testing. Development and commercial assets require specialist lender criteria.
Flip Analysis
Indicative gross spread before transaction and finance costs is approximately £19,200–£132,000. This is not profit and excludes SDLT, fees, finance, holding costs, professional fees, contingency, selling costs and tax.
Investor Risks & Due Diligence
Read the full legal pack and special conditions
Verify tenure, occupancy, planning and title restrictions
Inspect condition and obtain contractor quotations
Confirm finance and insurance availability
Verify rents and recent sold comparables
Allow for buyer premium, administration charges and disbursements
Recommendation
Proceed only where the verified total project cost supports the intended brrr / buy-to-let strategy with adequate contingency and margin.
Strategy Rating
Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆
Auction Details :
Auction House South West
Auction Date :
09/09/26
Lot Number :
004
Property Location:
Partridge Cottage, Zeal Monachorum, Crediton, Devon EX17 6DF
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Build Cost Calculator - Estimate refurbishment, extension and construction costs.
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