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 · EX17 2AG
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5 Prince of Wales Road is one of those bungalows where you can move in and enjoy it from day one.
It's been very well looked after inside and out, with a modern kitchen and shower room, mains gas central heating and double glazing, while the gardens have been thoughtfully landscaped to make them both attractive and easy to use.
It's tucked away in a residential cul-de-sac, but importantly there's a pedestrian footpath linking Prince of Wales Road through to Deep Lane, giving an easy route on foot towards Crediton High Street, its shops, cafés and everyday amenities.
The layout currently works as two bedrooms, with an open dining area providing useful additional living space and opening directly onto the rear garden.
If three bedrooms are more important, this area could be reinstated as a separate room, giving the bungalow a useful degree of flexibility without needing to extend.
The main living room is a comfortable space, while the modern fitted kitchen provides plenty of storage and working space.
The two existing bedrooms are complemented by a smart, modern shower room, and the overall presentation is excellent.
It's a straightforward, comfortable home that should appeal equally to someone downsizing and wanting to keep some extra space, or anyone looking for a bungalow they can simply move into without taking on a list of immediate jobs.
Outside, the front has been landscaped to provide gated off-road parking for two vehicles, with a garage alongside giving further parking or storage.
The rear garden has been particularly well thought out, with a lower patio providing a sheltered place for a table and chairs before stepping up to a good-sized level lawn.
There are productive vegetable areas and useful storage too, giving you enough garden to enjoy without it becoming overwhelming.
Put together, it's a very complete package: Flexible accommodation, a garage and parking, a proper garden and a quiet position that's still convenient for the town.
It's also being sold with no onward chain.
Agents’ Notes: Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Broadband & Mobile Coverage: Broadband speeds and mobile signal vary by provider and location, and service availability can change over time.
Buyers can check current availability and predicted speeds at or via the Ofcom coverage checker.
Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Spray Foam: Spray foam insulation has been installed within the loft.
Buyers requiring mortgage finance are advised to make their lender or mortgage adviser aware at an early stage, as individual lender requirements can vary, and to satisfy themselves as to its suitability for their proposed finance.
Chain Status / Vacant Property: We’re informed by the seller that the property is intended to be sold with vacant possession.
This information was correct at the time of listing but may change prior to sale. Executor’s / Probate Sale: The property is being sold on behalf of an estate following a bereavement.
The seller has limited knowledge of the property’s history or condition, and buyers should satisfy themselves on all aspects prior to purchase with their conveyancer.
Probate Status: We’re informed by the seller that probate has been granted. Buyers' Compliance Fee Notice Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Please see the floorplan for room sizes.
Current Council Tax: Band C – Mid Devon Approx Age: 1970s Construction Notes: Standard Utilities: Mains electric, water, gas, telephone & broadband Drainage: Mains Heating: Mains gas Listed: No Conservation Area: No Tenure: Freehold crediton is a vibrant market town with a bustling high street full of independent shops, eateries, and pubs.
In recent years a diverse arts scene has grown to include all manner of mediums, with the performing arts making use of the town’s market square where, in the summer months, a range of activities take place.
The market square is also home to the town’s twice-monthly farmer’s market. The town has an equally significant past.
It was originally the first Bishopric in Devon and the imposing Parish Church of The Holy Cross now stands where once stood Devon’s first Saxon cathedral (909-1050AD).
It is also the birthplace of Saint Boniface, one of the founding fathers of the Christian church in Europe.
Easily commutable to Exeter and with two primary schools, a secondary school with sixth form as well as a wide range of necessary amenities, it’s clear why the town is a firm favourite with locals and relocators alike.
Directions For sat-nav use EX17 2AG and the What3Words address is ///grub.calm.squeaks but if you want the traditional directions, please read on.
Proceed up Jockey Hill from the roundabout at the bottom and take the left into Prince of Wales Road, turn immediately right and No 5 will be found on the right towards the end.
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
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FAQ
About 5, Prince Of Wales Road, Crediton, EX17
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