4 bedroom cottage for sale

FOR SALE BY AUCTION - -Lot 3 - Cottage for Homeowner Investment / Occupation
ONLINE AUCTION 7th OCTOBER - 9th OCTOBER 2025

Molly's Cottage is steeped in history and character and is an incredible opportunity to purchase a one of its kind detached cottage with off road parking, gardens and courtyard and charm set in close proximity to the local town of Honiton, Devon. It is set over two storeys meaning ample space and also off road parking with front and rear gardens.

Molly's boasts 4 bedrooms, 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, with exposed beams internally and exposed stonework but offers an incredible place to live in residentially, 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 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. The feedback on the property was there is a shortage of 4+ bedroom properties available to holiday let market currently and there is a large proportion of stock available is 1-3 bedrooms. This meaning, a 4 bedroom property refurbished to a good standard would be in high demand.

As a holiday let and refurbished to a high standard Molly's could generate a Gross rental income of approximately £47,000 per annum with the property accepting pets and adding a hot tub. This would make Molly's a Winter and Summer staycation appealing to Dog owners and the appeal of the hot tub.

VIRTUAL TOUR

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession