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 · EX4 7BX
Sold STCListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £150,000-£160,000 / NO ONWARD CHAIN Chaucer Grove is conveniently located within close proximity to the City Centre, along with many local amenities on your doorstep, including Polsloe Train Station.
The apartment is located on the top floor and boasts an abundance of natural light throughout. On entering, a spacious entrance hall provides access into all rooms.
The heart of the home is the lovely, open plan kitchen/living/dining room with dual aspect windows and Juliet balcony overlooking greenspace.
The modern fitted kitchen offers ample worktop space and plenty of room for dining table and sofa area. You will find two double bedrooms and a well presented family bathroom.
Outside, the property benefits from one allocated parking space to the rear.
Council Tax Band: B Tenure: Leasehold (109 years) Ground Rent: £220 per year Service Charge: £1,244 per year Danesdale Land Ltd Communal Entrance Communal front door with telecom, property is located on top floor Entrance hall UPVC front door into apartment, carpeted, storage cupboard, radiator Kitchen/Diner/Family Room Two side and one front double glazed window and Juliet balcony.
Kitchen has range of modern wall and base units with integrated oven and hob, space and plumbing for washing machine, space for fridge freezer, inset stainless steel sink with drainer.
Ample room for sofa and dining area, carpeted, radiator Bedroom 1 Rear double glazed window, radiator, carpeted Bedroom 2 Front double glazed window, radiator, carpeted Bathroom Low level WC, wash hand basin, panelled bath with shower over, heated towel rail
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Chaucer Grove, Exeter
Explore nearby
