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 house · EX17 2EJ
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the edge of Crediton, 56 Queen Elizabeth Drive enjoys lovely views out across the rooftops towards the surrounding countryside, with Dartmoor visible on the horizon on a clear day.
This modern terraced home offers a flexible layout arranged over three floors and is ideal for a range of buyers wanting practical space with very little left to do.
The accommodation is well presented throughout with modern kitchen and bathroom fittings, mains gas central heating and double glazing all adding to the ease of living.
Plus with the addition of solar pv’s, running costs should be reduced too.
On the ground floor is the integral garage, which already benefits from plumbing for a WC should a future owner wish to explore alternative uses, subject to any necessary permissions.
Also on this floor is a useful office/hobby room, ideal for working from home, storage, hobbies or occasional guest use depending on requirements.
The first floor is likely to become the real hub of the home.
The kitchen/dining room is well fitted with good storage and workspace, while the living room sits to the rear with doors opening directly onto the garden, creating a bright and sociable living space.
On the top floor are two bedrooms along with the family bathroom.
Outside, the rear garden has been designed with ease of maintenance in mind, combining paved and gravel seating areas ideal for year round use, alongside raised planting beds adding colour and interest.
To the front is off-road parking in addition to the garage.
Overall, this is a really well balanced modern home in a convenient edge of town location, combining practicality, flexibility and far reaching views. Please see the floorplan for room sizes.
Current Council Tax: Band C - Mid Devon Utilities: Mains electric, gas, water, telephone & broadband and solar PVs Broadband within this postcode: Superfast Enabled Drainage: Mains drainage Heating: Mains gas central heating Construction: Standard Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Digital Photo Enhancement/Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, blue skies, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Crediton An ancient market town, with a contemporary feel – only a short, 20-minute drive nw from the city of Exeter.
Set in the Vale of the River Creedy, amongst gentle, rolling hills and verdant pastures. Sincerely picture postcard.
Once the capital of Devon, Crediton is famed for its inspiring sandstone church and for being the birthplace of Saint Boniface in 680 ad.
Its high street is a vibrant place, abuzz with trade –artisan coffee shops, roaring pubs, a farmers’ market and bakeries, jam-packed with mouthwatering delights.
For those commuting it has hassle free transport links into Exeter and for schooling a prestigious community college (Queen Elizabeth’s) – with an Ofsted “outstanding” sixth form.
In addition, it boasts a brilliant gym & leisure centre for New Year’s resolutions, two supermarkets for the weekly shop and a trading estate for any practical needs.
All neatly held in a single valley.
Directions Use EX17 2EJ or the what3words is ///paths.wants.catapult From Crediton High Street, head towards Copplestone along Western Road, pass the hospital on your left and take the last right into Queen Elizabeth Drive where the property will be found on the right towards the top.
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
About 56, Queen Elizabeth Drive, Crediton, EX17
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