Lot 4 - Oak Cottage, Snodwell Farm, Post Lane, Cotleigh, Honiton, Devon, EX14 9HZ
- Unconditional Online Auction Sale
- Guide Price* : £19,000+
- Bedrooms: 4
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Lot 4 - Character Cottage for Owner Occupation/Investment
Description
ONLINE AUCTION from 16th DECEMBER - 18th DECEMBER 2025
Oak Cottage, a beautiful characteristic property set in a popular area of Devon. Offering off road parking, gardens and courtyard and charm, set in close proximity to the local town of Honiton, Devon. Exiting from the lounge/kitchen area to the rear courtyard where you will be in view of the outdoor pool area and fields beyond. This courtyard can be fully fenced, allowing enclosed space for a bbq area, seating area and also a private hot tub should you wish to install one.
This cottage is a 4 bedroom cottage and is set over two storeys, plenty of space to offer throughout the cottage with its unique layout, and has the original metal spiral staircase leading up to the bedroom upstairs as well as an office, bathroom AND an ensuite,
Stunning beams in the lounge and kitchen area with stone walls, which keeps its original character along with it’s original fire place. There is a lean 2 leading out from the kitchen adding an additional space for storage etc which has a w/c. Walking through the rest of the property, there is what was once a very large library/reading room to the left when entering the property, going through the old country style kitchen and the lounge area, you can then access the hallway into another bedroom area – which also has its own bathroom facilities. Down the hallway again you will find another double bedroom with it’s own bathroom area as well as a bath. Continuing through the long hallway, you will come to a large utility room with added storage space in yet another room. You can enter/exit the property via the utility area door. You really need to come and view this property to see the potential and character it has to offer and also how big the property is. There are not many properties like this around offering original features and character.
Fantastic views to the rear of the surrounding Devon countryside, log burner and even use of a communal outdoor swimming pool. The property boasts all of its original features, it will make a beautiful second home or to 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 should you wish to invest short term. Modernisation is required but the property would offer a great return.
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. There are not many 4 bedroom properties available in the to holiday let area. This property could potentially sleep up to 8-10 guests. A 4 bedroom property refurbished to a good standard would be in high demand and are unique.
As a holiday let and refurbished to a high standard the property could generate a Gross rental income of approximately £67,000 per annum with the property accepting pets and adding a hot tub. This would make Winter and Summer staycation appealing to Dog owners and the appeal of the hot tub, log burner, the space it has to offer and also the characteristics of the building.
Lease Start Date
26/11/2025
Lease Duration
999 years (999 years unexpired)
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 lettings@paulfoshlettings.com for invaluable advice.
Tenure
Advised Leasehold - 999 years to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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- Terms and Conditions for Unconditional and Conditional Online Auctions
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- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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