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 work1-bedroom flat · EX5 7GL
Listing removedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A superb opportunity to acquire this modern and well-presented ground floor apartment, ideally situated within the sought-after and rapidly growing town of Cranbrook.
Offering stylish and low-maintenance living, this attractive one-bedroom home is perfect for first-time buyers, professional commuters, downsizers, investors, and those seeking a convenient lock-up-and-leave property.
The accommodation comprises a spacious double bedroom, a contemporary bathroom, and a bright open-plan kitchen/living area which provides an excellent space for both relaxing and entertaining.
The property further benefits from its own allocated parking space and enjoys a convenient ground floor position.
Cranbrook has become one of East Devon's most popular residential locations, offering an excellent range of everyday amenities within easy reach.
Residents can enjoy shopping at the nearby Morrisons supermarket, whilst additional convenience shopping is available at the Co-operative Food store on Younghayes Road.
A variety of cafés, restaurants and takeaways serve the local community, including Esquires Coffee, Denleys Essence of Indian, and Cranbrook Kebab House.
For dining and socialising, The Cranberry Farm pub and restaurant is a popular local destination.
Families are well catered for with a number of highly regarded schools nearby, including Cranbrook Education Campus, which provides both primary and secondary education, St Martin's CofE Primary & Nursery School, Rockbeare Church of England Primary School & Pre-School, Clyst Vale Community College in nearby Broadclyst, and Whimple Primary School.
The property enjoys excellent transport connections, making it particularly appealing to commuters.
Cranbrook Railway Station is within easy reach and provides regular services into Exeter city centre in approximately 10 minutes, with onward connections to London Waterloo via the South Western Railway network.
Pinhoe Station and Exeter St David's Station offer further regional and national rail connections.
Road links are exceptional, with convenient access to the A30 and M5 motorway providing straightforward travel throughout Devon, Cornwall, Somerset and beyond.
Exeter Airport is located just a short drive away, offering both domestic and international flights.
The surrounding area offers easy access to the neighbouring villages and communities of Rockbeare, Broadclyst, Whimple and Clyst Honiton, whilst the Cathedral City of Exeter lies approximately seven miles to the west, providing extensive shopping, leisure, dining and employment opportunities.
Combining modern accommodation, excellent amenities and outstanding transport links, this attractive ground floor apartment represents an ideal purchase for first-time buyers looking to step onto the property ladder, professional commuters working in Exeter or beyond, investors seeking a strong rental opportunity, and downsizers looking for a manageable home within a thriving community.
* This development is subject to a management charge. By law, we are required to conduct anti-money laundering checks on all potential buyers and we take this responsibility very seriously.
If your offer to purchase a property is accepted (subject to contract), you will need to satisfy the requirements set out in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To comply with these obligations, we work with an independent third-party provider, Coadjute, to complete id verification, aml checks, and source of funds checks.
A non-refundable fee of £27 plus VAT (per person) applies for these checks and Coadute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Council Tax Band: A Tenure: Leasehold (995 years) Service Charge: £132 per month 995 years left on lease
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.
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FAQ
About 3 Osprey House, Kingfisher Rise, Cranbrook
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