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 terraced house · EX10 8SR
Sold STCListed 509 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with NO ONWARD CHAIN this very well presented, spacious, three storey town house enjoys an enviable location on the favoured west side of town.
Just a short stroll from the beach, the property enjoys a south-facing balcony with stunning panoramic views of the surrounding countryside and sea.
On the ground floor there is an entrance hall leading into the office/study room which could also double up as a bedroom or utility and on into the spacious garage which has a utility area and is fitted with an electric up and over door.
Stairs lead to the on the first floor and directly into the heart of the home, the spacious living room which is a large, light room with doors leading onto the south facing balcony offering outstanding panoramic sea and countryside views.
The newly fitted kitchen has a wide range of modern fronted units at both base and eye level with granite worktops and comprises a sink with drainer, electric oven and hob, integrated fridge freezer and dishwasher.
A lovely shower room which is fully tiled and comprises a corner shower cubicle, basin and WC completes this floor.
The three bedrooms are located on the second floor all filled with natural light, along with the family bathroom.
The first bedroom is a spacious double room with built in storage and offers stunning views over the countryside and to the sea.
Bedroom 2 is located at the rear of the property and is another spacious double with storage and views of hills to the east. Bedroom 3 is a well-proportioned single room also benefits from sea views.
The family bathroom is fitted with a modern white suite and comprises a bath with shower over, a vanity style basin and WC with a ladder style radiator.
The property benefits from double glazing and gas fired central heating throughout.
Externally there is a driveway providing off road parking and access to the garage and a lawned garden area for enjoying the outdoor space during the summer months.
A fantastic property presented at a very good level. Inspection recommended in order to fully appreciate. Offered with NO ONWARD CHAIN.
DIRECTIONS VIEWINGS By prior appointment with Redferns SERVICES We understand all mains services are connected.
MOBILE & BROADBAND COVERAGE Broadband is connected to this property, for specific checks, please use checker.ofcom.org.uk OUTGOINGS Council Tax Band E (as per Gov.UK Website at the date of first listing) TENURE Freehold AGENTS NOTE Data protection act of 2017.
We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing a sale.
Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence. IMPORTANT NOTICE 1.
Every care is taken in preparing these particulars but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith but they are for guidance only and intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn.5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective but we endeavour to make our particulars accurate.
If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078 Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD.
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
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FAQ
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