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 work2-bedroom detached house · EX11 1TE
Sold STCReduced £20k (−5.8%) on 25 OctListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kennaway Road is situated on the eastern outskirts of the town yet is still within a level walking distance of the town centre and its excellent amenities including a range of independent shops, restaurants, pubs, medical centre, dentist, supermarket, primary school and the highly regarded Kings Secondary School.
The A30 dual carriageway is just a five minute drive and provides swift access to the Cathedral City of Exeter, M5 and the coast.
The property itself has been just been constructed by the highly regarded local developers Headon Construction and benefits from the latest thermal and environmental standards as well as being wonderfully and stylishly finished throughout.
The accommodation itself is light and airy throughout and includes a spacious entrance hallway with tiled flooring which continues throughout the majority of the ground floor.
There is also a large storage cupboard for coats and shoes and a further very useful laundry cupboard with plumbing for a washing machine and additional storage space.
The dual aspect and open plan kitchen/dining/family room provides a wonderful space to cook, dine and socialise together.
The kitchen itself has been well fitted with a range of navy blue storage cupboards and drawers with complimenting worksurfaces and an inset Belfast sink.
There are modern integrated appliances including a fridge freezer, dishwasher, eye level oven/grill and an induction hob with extractor hood over.
The remainder of the room provides ample space for a dining table and chairs as well further space for lounge furniture, television etc.
Bi-fold doors provide access out onto the patio as well as pleasant aspect of the garden.
The ground floor bedroom is a good size and would therefore lend itself to being used and separate lounge if prefered or as an occasional bedroom/study.
The ground floor is concluded by a shower room fitted with a stylish white suite including a walk in shower and a heated towel rail.
On the first floor there is a small landing area with a storage cupboard and the generously sized master bedroom which again provides ample space for bedroom furniture and benefits from a luxury ensuite bathroom including a large bath with shower over.
An air source heat provides the central heating and hot water, the ground floor enjoys underfloor heating and the first floor modern radiators, there are uPVC glazed windows and doors throughout all providing a highly energy efficient home to run.
To the outside the house is approached via a gravelled driveway which provides off road parking, with adjacent flower beds and a covered pathway leading to the front door.
There is an EV charging point and side access the rear garden on both sides of the house.
The westerly facing rear garden enjoys an excellent degree of sunlight, is level and mainly laid to lawn with well stocked flower beds and a paved patio providing an ideal space for outside dining entertaining in the summer months.
VIEWINGS By prior appointment with Redferns on SERVICES We understand all mains services are connected OUTGOINGS Council Tax Band - To be confirmed.
TENURE Freehold MOBILE & BROADBAND COVERAGE Broadband is not connected to this property. For specific checks, please use checker.ofcom.org.uk AGENTS NOTE: Data Protection Act of 2017.
We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing to a sale.
Photographic identification such as a passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence. IMPORTANT NOTICE 1.
Every care is taken in preparing these particulars, but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith, but they are for guidance only and are intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give, and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn. 5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective, but we endeavour to make our particulars accurate.
If there are any points of particular importance, please contact us before viewing, and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited, Registered in England and Wales 4817078. Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD
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
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FAQ
About Kennaway Road, Ottery St. Mary, Devon, EX11 1TE
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