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 flat · EX7 9EX
For saleReduced £10k (−3.8%) on 18 AugListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A 2 double bedroom second floor seafront apartment with lovely sea views and allocated parking space.
The property benefits from an en suite shower room off the main bedroom, gas central heating, double glazing and good internal condition throughout. Leasehold, council tax band - D and EPC - B.
Front door to L shaped entrance hall: Radiator, fuse box, telephone point, fitted cupboards and doors to: Kitchen/lounge/dining room: A spacious living space with 2 windows to the front with lovely views over the coastline and sea, 2 radiators, feature fireplace, fitted kitchen with base and eye level units, gas hob with extractor hood over, eye level oven, plumbing for a washing machine, dishwasher and fridge/freezer, spot lights and stainless steel sink unit.
Bedroom 1: UPVC double glazed window to the rear, radiator, fitted wardrobe and door to: En suite shower room: Suite comprising shower enclosure, pedestal wash hand basin, WC, part tiled walls, extractor fan and heated towel rail.
Bedroom 2: UPVC double glazed window to the rear, radiator and tv point. Bathroom: Suite comprising panelled bath, WC, pedestal wash hand basin, part tiled walls, radiator and extractor fan.
Outside: To the rear of the property is an allocated parking space.
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
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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 Flat 11 Great Cliff, Marine Parade, Dawlish
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