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 detached house · EX7 9JL
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market for the first time in 33 years, and only the second time since its construction in the early 1960s, is this spacious property set on a double width plot enjoying stunning sea and countryside views.
The property does require modernisation throughout but is stacked with original features and offers a fantastic opportunity for someone to add their own style and spec.
The property has lapsed planning permission for further redevelopment/extension.
The accommodation briefly comprises; entrance porch, reception hall, cloakroom WC, three bedrooms, master with en-suite shower room, balcony, spacious sitting room diner, kitchen, large family bathroom, garage, front and rear gardens, driveway parking.
Obscure glazed timber front door opening into the... Entrance porch With glazed door opening into the... Reception hall With doors to principal rooms. Window to side aspect. Useful storage cupboard.
Door through to... Cloakroom/WC With low level WC, pedestal wash hand basin. Window to side. Door through to... Bedroom one With uPVC double glazed window to rear. Power points, radiator. Door to...
En-suite shower room With obscure uPVC double glazed window to side. Low level WC, pedestal wash hand basin, shower enclosure with wall mounted electric shower. Door through to...
Spacious sitting room/diner With large windows to front enjoying stunning sea and countryside views. Space for large dining table and chairs. Radiators, power points. Door through to...
Inner hallway Doors to...
Kitchen With a range of matching base units with roll top work surface, inset stainless steel sink drainer, doored serving hatch through into the dining area, large window to front enjoying stunning sea and countryside views, space for electric cooker and fridge freezer, radiator.
Door to useful pantry cupboard with timber shelving. A glazed door gives assess out to the porch. Bedroom two With uPVC windows to rear and side. Range of built in wardrobes with sliding doors.
Wash hand basin. Family bathroom With uPVC double glazed window to rear.
Coloured suite comprising low level WC, inset wash hand basin into vanity unit, panelled bath with shower attachment over, tiled splash backs, large storage cupboard, vanity light and shaver socket.
Integral garage With sliding roller timber door, space and plumbing for washing machine, gas boiler. Door to cloakroom WC with low level WC, wall mounted wash hand basin. Stairs at the rear lead to...
Bedroom/studio With window to front enjoying stunning sea and coastal views and a large window to rear enjoying views of the garden. Door opening to balcony also enjoying the fabulous views.
Door giving access through to... Large loft area Fully boarded, providing plenty of storage.
Outside The front and back gardens are mature and landscaped with a range of fruit trees and a wide terrace spanning the front of the property with wisteria balustrade.
The back garden features include patio, rockery, lawn, timber summer house, vegetable patches and steps up to a further "hidden garden" area.
To the front there is a horseshoe driveway providing parking for numerous vehicles.
EPC Rating: D Front Garden The front garden is mature and landscaped with a range of fruit trees and a wide terrace spanning the front of the property with wisteria balustrade.
Rear Garden The back garden is mature and landscaped with a range of fruit trees. Patio, rockery, lawn, timber summer house, vegetable patches and steps up to a further "hidden garden" area.
Parking - Driveway Horseshoe driveway providing parking for numerous vehicles. Parking - Garage Garage with space and plumbing for washing machine, gas boiler
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 10 Meldrum Close, Dawlish
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