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 workStudio flat · EX4 4JN
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented studio apartment offers an inviting living space, ideally suited to individuals seeking comfort and convenience.
Situated within a central location in Exeter, Devon, this studio flat benefits from well-proportioned accommodation that is both adaptable and practical.
The property comprises one principal open-plan living area, designed to optimise available space for both relaxation and daily living. A well-appointed bathroom completes the internal accommodation.
Heating is provided by modern electric heaters, offering a reliable solution for maintaining a comfortable environment throughout the year.
The building is held on a leasehold tenure, providing security of occupation for prospective purchasers or investors.
This apartment represents a strong investment opportunity, delivering the advantages of city-centre living and the prospect of sustained demand.
Local area Nestled in the heart of Exeter, Devon, this property enjoys a prime central location, placing a wide range of amenities and essential services within easy reach.
Residents benefit from convenient access to public transportation, reputable educational institutions, and an array of shopping and dining options.
The area is well regarded for its vibrant atmosphere, while still providing peaceful residential surroundings and excellent connectivity to the wider Devon region.
Lease: 125 years from 1st January 2005 EPC rating: B.
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
.png){kind=logo}
FAQ
About 43 Marcus House, New North Road, Exeter
Explore nearby
