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 · EX16 4BN
Sold STCListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom bungalow offers generous off-road parking, including a long private driveway.
The front door opens into a welcoming entrance hallway, complete with a built-in storage cupboard, ideal for coats and footwear and utility room.
Positioned at the front of the property, are two double bedrooms. The spacious lounge features a sliding door that leads into the conservatory.
This additional living space enjoys pleasant views of the rear garden, making it an ideal spot for relaxation.
The kitchen is well-equipped with a comprehensive range of wall and base units, space for an oven, and plumbing for a washing machine.
Adjacent to the kitchen, a useful side utility area offers additional storage and space for a fridge/freezer or condenser tumble dryer as required.
Between the Kitchen and the two bedrooms in the family bathroom. Externally, the enclosed rear garden is mainly laid to lawn, complemented by a small patio seating area.
A large storage shed provides additional practicality.
Council Tax: Band B - Mid Devon Services: Mains Water, Mains Electric and Main Gas Broadband: Fibre to the Cabinet Broadband Available Within This Postcode Mobile Signal: You are likely to get good coverage.
Tenure: Freehold Directions:- Using the what3words app, search:- lame.hike.alone PLEASE NOTE: Our business is supervised by HMRC for anti-money laundering purposes.
If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To satisfy our obligations we use an external company to undertake automated ID verification, AML compliance and source of funds checks. A charge of £25.00
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
FAQ
About Bonville Crescent, Tiverton, Devon, EX16
Explore nearby
