We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · EX4 1SD
Listing removedReduced £13k (−4.9%) on 17 SepListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well presented three bedroom property with good size living accommodation with front and rear gardens.
The property is positioned in a popular residential area and is within close proximity to local shop, schools and Barley Valley Nature Reserve. EPC C, Council Tax Band C, Freehold. Front door to..
hallway: Stairs to first floor landing, door to.. Lounge: 6.0m x 3.5m (19'8" x 11'6") , Double glazed window to the front, radiator, double glazed doors to the rear garden, door to..
Kitchen: 6.2m x 3.4m (20'4" x 11'2") , Base cupboards and drawers with worktop over, one and a half bowl sink and drainer, space for cooker, space for washing machine, space for tumble dryer, space for fridge freezer, wall mounted cupboards, under stairs storage cupboard, door to the front, double glazed windows to the rear, door to the rear garden.
First floor landing: Loft access, storage cupboard housing wall mounted boiler, door to.. Bedroom 1: 3.5m x 3.1m (11'6" x 10'2") , Double glazed window to the front, radiator, storage cupboard.
Bedroom 2: 4.1m x 2.8m (13'5" x 9'2") , Double glazed window to the rear, radiator. Bedroom 3: 3.2m x 2.0m (10'6" x 6'7") , Double glazed window to the front, radiator.
Bathroom: Close coupled WC, wash hand baisn, panelled bath with shower over, radiator, obscure double glazed window to the rear.
Outside: To the rear is a decked area, steps leading down to laid to lawn, with mature plants and shrubs border.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 5, Redhills Close, Exeter
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