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 bungalow · EX20 1HZ
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description **No Onward Chain Attached** Scope to improve this hugely convenient located detached property benefiting a single garage and parking.
As per many of the Castle Road properties on this side, they are elevated off road level but from here the centre of Okehampton town is a short and level walk away.
The property itself comprises a spacious sitting room with woodburning stove, two bedrooms, shower room, kitchen, utility room with WC and a conservatory with a south facing aspect onto a private side garden.
The whole is double glazed and heating is via a gas central heating system. EPC rating tbc.
Council Tax Band: C (West Devon Borough Council) Tenure: Freehold Property Location Castle Road is a minor road that is located within the heart of town and offers its residents ease of access to the full range of the town's amenities.
A mixture of period terraced cottages along with more substantial detached property. Treetops looks out onto Castle Road allotments.
A pleasant situation that also provides access to Oakhampton Castle and the popular Old Park.
Entrance Hall (4.04m x 1.20m) Kitchen (3.92m x 3.03m) Conservatory (2.54m x 3.35m) Utility Room/WC (2.21m x 1.48m) Rear Hall (1.68m x 1.34m) Sitting Room (6.48m x 3.02m) Bedroom 2 (2.91m x 3.34m) Bedroom 1 (3.01m x 2.98m) Bathroom (1.97m x 2.02m) Outside From road level you access to the garage and parking bay.
The property is accessed via a flight of steps and slopes that meander through the front garden. From here there are pleasant views over the allotments.
There is side access to the rear outside space of Treetops and the private south facing side garden. A sizeable plot for the green fingered to get stuck into and transform.
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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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 Treetops, Okehampton
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