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 house · EX2 8SF
Listing removedReduced £15k (−4.8%) on 8 AugListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented semi-detached house with 2/3 bedrooms, situated on a spacious corner plot and available for sale with no onward chain.
The property has potential for extension, subject to obtaining planning permission.
The house provides excellent access to local amenities, such as a doctor's surgery, a regular bus service, a public house, and a convenience store.
Additionally, it is conveniently located to access the major road network surrounding the city and central Exeter.
The interior of the property is light and airy, featuring an entrance hall, a living room, a separate dining room (currently utilised as a third bedroom), a modern kitchen, and a conservatory.
The first floor includes two bedrooms, one of which has access to eaves storage, along with a modern bathroom.
Externally, there is an enclosed rear garden, primarily laid to lawn with planting borders.
A section of the garden has decorative stone chippings, and there is gated access to both the front and side.
The front garden is planted with a variety of mature shrubs, and the private driveway offers off-road parking. Adjacent to the house is a single garage with an up-and-over door.
Early internal viewing is highly recommended. Material Information Construction notes: Brick. Utilities: Mains electricity, gas, water, and drainage. Current broadband provider: TalkTalk.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents. Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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
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FAQ
About 11, Mandrake Close, Exeter
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