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 work2-bedroom property · EX34 7AN
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE HOME This pre-owned Omar Newmarket (36'x20') park home is perfect for those looking for a detached, easy to maintain, bungalow style retirement property in a modern secluded development.
The home has a spacious kitchen and living room, two double bedrooms, an en suite and a bathroom. The home also has decking with partial sea views.
There is no onward chain and the vendors can be flexible for a quick completion.
THE PARK Set in the rolling hills of North Devon, this park is a modern and welcoming residential development for the over 45s is short drive from the award winning beach of Woolacombe Bay, meaning every day living here feels like being on holiday!
From the park you will have stunning views of the surrounding countryside and the Atlantic Ocean. The home is pet friendly.
THE AREA A bus stop is located just outside of the park, providing great transport links to the surrounding area.
Whether that is taking a shopping trip into Barnstable or a day trip to Croyde and the stunning coast there.
The village of Woolacombe is just a short walk away, there you can find your local amenities as well as pubs, restaurants and leisure activities.
Woolacombe is steeped in history - a typical Edwardian and Victorian coastal resort town dominated by large villa style houses and grand hotels, it was first recorded in the Domesday book as Wolnecoma in 1086.
At the time, the valley was thickly wooded and there were no inhabitants living in Woolacombe yet, even the parish of Mortehoe was little more than a single farm.
This park is the perfect base to explore the past while enjoying all the benefits that Park Home living can offer.
LOCAL AMENITIES - Local pharmacy: 1.4 miles - Local bus stop: 400 meters - Barnstable: 12 miles - Woolacombe: 1.2 miles - Garage with shop: Short walk from park HOUSE TO SELL?
Hassle-free property Part-Exchange is available from recommended part-exchange specialists Quickmove Properties, with no estate agent fees, no solicitors fees and no market uncertainty.
Site fees: £375 per month Please note that the site fee (also known as 'pitch fee', or 'ground rent') is subject to change and reviewed annually.
Ground rent can only be increased in line with the Consumer Price Index. For more information, please get in touch.
Tenure: 'Virtual Freehold' 'Virtual Freehold' means that when buying a park home, you purchase the physical property outright and lease the land it sits on in perpetuity, for the entirety of the time the home is sited.
These properties are not mortgageable. Please consult a solicitor for further information. NOTE: The information in this property listing is correct to the best of our knowledge.
We recommend any potential purchaser is aware of all details including park rules and conditions before sale completion.
We also recommend consulting the Mobile Homes Act 2013 for conditions of any future sale of this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About Woolacombe, Devon, EX34
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