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 work4-bedroom house · EX8 1TN
Listing removedReduced £20k (−6.7%) on 8 AugListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this attractive bay-fronted home is ideally located within easy, level walking distance of Exmouth town centre, the train station, seafront, and local schools.
The property offers 3 4 bedrooms and benefits from gas central heating (via a combi boiler) and uPVC double glazing throughout.
While now requiring some modernisation, it provides a fantastic opportunity to create a well appointed family home.
The ground floor comprises a bay-fronted living room, a versatile fourth bedroom or additional reception room, a kitchen/dining room, and a bathroom.
Upstairs, there are 3 further bedrooms and a cloakroom. Subject to the necessary planning permissions, there is potential to convert the loft to provide additional living space.
Externally, the property features a good sized rear courtyard and a detached double garage, with vehicle access via Park Lane.
Early viewing is highly recommended to fully appreciate the potential on offer.
Accommodation Ground Floor uPVC double glazed front entrance door leading to: Entrance Porch Half glazed door leading to: Entrance Hall Staircase rising to first floor with useful under stairs storage cupboard that houses the electric meter, gas meter and trip switch fuse box.
Radiator. Smoke alarm. Doors leading to reception room / bedroom 4, kitchen / dining room and: Living Room - 14'7" (4.45m) Into Bay x 11'6" (3.51m) Walk - in uPVC double glazed bay window to front.
Fitted coal effect gas fire with a marble hearth and a wooden mantle with surround. Radiator. Picture rail. Reception Room / Bedroom 4 - 11'2" (3.4m) x 9'3" (2.82m) Window to kitchen / dining room.
Radiator. Kitchen / Dining Room - 14'9" (4.5m) x 13'1" (3.99m) uPVC double glazed external door leading to rear garden with uPVC double glazed window adjacent.
Range of cupboard and drawer storage units with work surfaces. Stainless steel single sink and drainer unit. Gas and electric cooker points. Space and plumbing for washing machine.
Space for fridge / freezer etc. Ample space for dining table and chairs. Radiator. Door leading to: Bathroom Obscure uPVC double glazed window to rear.
White suite of panelled bath with mixer tap and shower attachment, tiling to ceiling height. Pedestal wash hand basin.
Cupboard housing the gas fire Combi boiler that supplies the central heating and domestic hot water.
First Floor Landing Access to loft storage space that, subject to the correct planning permissions, could be converted to provide further living accommodation. UPVC double glazed window to side.
Smoke alarm. Doors leading to: Bedroom 1 - 15'2" (4.62m) x 14'7" (4.45m) Into Bay uPVC double glazed walk - in bay window to front and further uPVC double glazed window to front. Radiator.
Bedroom 2 - 11'2" (3.4m) x 9'5" (2.87m) uPVC double glazed window to rear. Radiator. Bedroom 3 - 11'6" (3.51m) Into Bay x 7'11" (2.41m) Walk - in uPVC double glazed bay window to rear. Radiator.
Cloakroom Obscure uPVC double glazed window to side. White suite of low level WC and wall mounted wash hand basin. Radiator.
Externally Front Garden There is a small area of paved Front Garden with pathway to front entrance door and low brick wall boundaries.
Rear Garden The property has a good sized, enclosed and easy to maintain Courtyard garden. Laid to flagsone patio, this is an ideal space for outdoor dining and sitting during the fine weather.
Outside water tap. Brick wall boundaries. To the rear of the garden is: Double Garage - 17'4" (5.28m) x 15'5" (4.7m) Up and over door to front and personal door adjacent, both leading to Park Lane.
Further personal door leading to rear garden with uPVC double glaze window adjacent. Power and light connected. Tenure The property is freehold Services All mains services are connected.
The property is on a water meter.
Council Tax Band C Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Note These are draft particulars and are awaiting vendors verification Directions From our prominent Town Centre office, proceed down Rolle Street, past The Strand Gardens, turning right at the roundabout onto The Parade.
Continue into Exeter Road. After passing the Park Hotel, take the second right into Park Road. The property will be found on the right hand side, clearly identified by our For Sale sign.
What3words /// hobby.trunk.rigid Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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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 18, Park Road, Exmouth
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