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 house · EX4 3BL
Listing removedListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful one bedroom period cottage offered for sale in good condition, conveniently situated within the heart of the City Centre, ideal for those working in the City.
The property has a quirky feel to it with a Kitchen and Bathroom on the ground floor, Lounge on the first floor and Bedroom on the top floor.
No onward chain Descripton A characterful one bedroom period cottage offered for sale in good condition, conveniently situated within the heart of the City Centre, ideal for those working in the City.
The property has a quirky feel to it with a Kitchen and Bathroom on the ground floor, Lounge on the first floor and Bedroom on the top floor.
No onward chain entrance Wrought iron gate leading to Courtyard area.
Steps up to wooden front door, partly glazed leading straight into: Kitchen 8' 10'' x 7' 9'' (2.71m x 2.37m) Wooden window to front elevation, fitted range of eye and base level units, built-in electric oven with hob above, extractor fan.
Plumbing for a washing machine, further appliance space, stainless steel sink with a single drainer, tiled splashback, tiled flooring. Electric heater.
Door leading through to: Bathroom 4' 8'' x 8' 2'' (1.43m x 2.51m) Three piece suite benefiting from a panel enclosed bath, wash hand basin, low level WC. Part tiled walls, Extractor fan.
First floor Stairs from Kitchen leading up to: First Floor Living Room 12' 10'' x 9' 0'' (3.92m x 2.77m) Wooden window to front elevation. Separate window to rear elevation.
Inset fireplace with electric fire. Built-in storage cupboard with shelving. Telephone point. Electric heater.
Second floor Stairs from Living Room leading up to: Bedroom 13' 0'' x 9' 0'' (3.98m x 2.76m) Window to front elevation. Double window to rear elevation. Further window to side elevation.
Electric heater. Service charge The property has a service charge of £437 per annum for the external communal areas.
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
.png){kind=logo}
FAQ
About Shaplands House, 8, The Mint, Exeter
Explore nearby
