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 semi-detached house · EX16 5BR
Listing removedListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three-bedroom semi-detached home is located in the Westexe area, within walking distance of the park, two primary schools, and the town centre.
The spacious lounge features neutral décor, creating a bright and airy atmosphere that's perfect for relaxing or entertaining.
Large windows allow natural light to flood the room, while the layout offers flexibility for a variety of furniture arrangements.
The modern kitchen is fitted with white cabinetry, a built-in oven, black glass extractor hood, and a tiled backsplash.
Wood-effect worktops provide generous workspace, complemented by a stainless steel sink positioned beneath a large window that fills the room with natural light also with large patio doors leading into the rear garden.
Upstairs offers three well-proportioned bedrooms and a contemporary family bathroom with a shower over the bath. Outside, the property benefits from a driveway with parking for two vehicles.
The front garden is attractively landscaped with gravel, shrubs, and flowering plants. To the rear, an enclosed garden includes a generous patio area ideal for outdoor furniture.
The property also benefits from a spacious garage, ideal for secure parking or additional storage Council Tax: Band C - Mid Devon Services: Mains water, Mains electric and Main Gas Broadband: Full Fibre Broadband Within This Postcode, Fibre to the Premises.
Mobile Signal: You are likely to get good coverage.
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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
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FAQ
About 7 Cottey Brook
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