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 · EX2 5EJ
Sold STCListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom bungalow situated in the popular residential area of Heavitree and set with in the Maltings Development.
The property is within close proximity to local shops, supermarkets, RD&E Hospital and local bus route.
The property benefits from good size living accommodation and spacious garden with allocated parking space and is being offered with NO ONWARD CHAIN.
EPC D, Council Tax Band B, Freehold FRONT DOOR TO.. ENTRANCE HALL: Electric heater, storage cupboard. LOUNGE: 4.9m x 3.8m (16'1" x 12'6") , Double glazed door to the conservatory, electric heater.
KITCHEN: 2.6m x 2.4m (8'6" x 7'10") , Base cupboards and drawers with worktop over, built in oven and hob with hood over, wall mounted cupboards, space for slim line dishwasher, space for fridge freezer, double glazed window to the front.
CONSERVATORY: 4.4m x 2.7m (14'5" x 8'10") , Double glazed windows and double glazed doors to the garden, electric heater.
BEDROOM 1: 3.6m x 3.1m (11'10" x 10'2") , Double glazed window to the rear, electric heater. BEDROOM 2: 3.1m x 2.3m (10'2" x 7'7") , Double glazed window, electric heater.
SHOWER ROOM: Close coupled WC, pedestal wash hand basin, shower cubicle, double glazed window.
OUTSIDE: The garden is a particular feature of this property with a good size patio area with raised flowerbeds perfect for planting and growing your own produce.There is also a handy timber storage shed and greenhouse.
MANAGEMENT CHARGE: There is a monthly service charge currently set at for the period 1st January - 31st January - £161.80 AGENTS NOTE: *Electric heating.
We have been advised by the management company that there is no gas supply to the development *There is a minimum age restriction of 60 years and over.
IMPORTANT INFORMATION: Limited seller information This property is being sold without an occupier or previous owner available to provide the usual property information.
As such, we are unable to offer first-hand details regarding its condition, any alterations, boundaries, neighbour relations, or other matters that would typically be answered by an owner-occupier.
Consequently, our knowledge of the property is more limited than in a standard owner-occupied sale, and some material information may not be known.
While we will take all reasonable steps to supply accurate information, prospective buyers are strongly advised to carry out all standard checks, inspections, and searches.
Buyers should also inform their Solicitor of this situation and obtain appropriate legal advice.
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 The Maltings, Heavitree, EX2
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