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 bungalow · TA23 0RG
Sold STCListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SPACIOUS THREE-BEDROOM DETACHED BUNGALOW - with large loft room, large garden, garage and off road parking located in this popular West Country village.
Of cavity wall construction under a pitched roof, this spacious property has been lovingly maintained by the current owner and retains the original wooden flooring throughout.
Modern additions of an air source heat pump and solar panels means that she has been able to get rid of the original oil fired central heating and enjoy extremely low heating costs.
Other benefits include off road parking with a detached garage and a large, beautifully maintained garden.
The accommodation is spread over two floors and briefly comprises a spacious hallway with stairs to the first floor, two double bedrooms, a large lounge diner, kitchen with utility room and the bathroom.
The lounge diner is a particular feature of the property and is a lovely, airy room with large shallow bay to the front enjoying lovely views over the front garden and a dining area with window to the side.
There is also a fireplace with space for a wood burning stove.
From the dining area there is access to the kitchen which overlooks the rear garden and has a utility room alongside with door to the garden and a good-sized storage room which does have plumbing for a wc if needed.
To the first floor there is a large bedroom, currently used as an artist’s studio.
This room has an en-suite wc, a large storage room and a large wardrobe area together with two windows affording lovely views over the rear garden.
There is also a large loft room which has two velux windows and some restricted head height. Outside, the gardens are a particular feature of this property.
The front garden has been planted with trees and shrubs affording a high degree of privacy. A framework has been erected by the client so that an awning can be put up to provide shade.
Alongside the front garden there is a driveway providing off road parking leading to the garage.
The rear garden is a particular feature of this property and has been planted by the current owner with many unusual and specimen trees and shrubs creating a wonderland of discovery with a lovely stream running through.
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 Roadwater, Watchet
Explore nearby