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 · EX18 7BX
Listing removedListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ABOUT THE PROPERTY Sun Cottage is a deceptively spacious Grade II Listed home with charming period features and offers three double bedrooms.
This is an unfinished renovation project, which has undergone significant works and provides an opportunity for prospective purchasers to finish to their standard.
The cottage occupies a tucked away position within the heart of Chulmleigh. Parking is available close by within the town and there is no garden with the property.
This cottage is for sale by modern method online auction. For layout and approximate room measurements please see the enclosed floorplan.
THE AREA Chulmleigh is a traditional town with a thriving community, providing an excellent range of everyday amenities including shops, post office, health centre, dentist, pubs and restaurants, a church, a community sports centre and the Chulmleigh Academy Trust with primary schooling and community college.
SERVICES & OUTGOINGS We understand that Sun Cottage is connected to mains water, electricity and drainage. North Devon Council - Band A (approx.
£ 1,567 per annum 2024/25) EPC - Exempt Tenure - Freehold DIRECTIONS From Chulmleigh town centre turn south beside the Town Hall heading towards the church and war memorial .
Sun Cottage is on the right hand side before reaching the war memorial.
DIGITAL MEDIA LINKS What 3 Words Location - ///crumple.suggested.piglets IMPORTANT NOTICE These sale particulars have been prepared as a general guide.
They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property.
To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.
A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase.
We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.
COPYRIGHT © 2025 MICHAEL ADEY PROPERTY Council Tax Band: A (North Devon Council) Tenure: Freehold
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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About Sun Cottage, Chulmleigh
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