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 · EX7 9JD
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain is this fantastic Grade 2 Listed two bedroom cottage, steeped in local history dating back to Circa 1539 (although dated by archaeologist as 1450 - 1500), within easy walking distance of the town, beach and railway station.
Benefitting from a private tiered garden and with accommodation briefly comprising; generous sitting room diner, original fireplace, fitted kitchen, rear lobby, ground floor shower room, two bedrooms, private tiered garden, gas central heating.
An early viewing comes highly recommended. Timber front door into... Sitting/dining room With leaded feature window to front.
Impressive original fireplace housing wood burning stove and with cob ovens as a feature, exposed stonework, timber flooring, useful under stairs storage cupboard housing electric meter, space for large dining table and chairs, power points.
Stairs rising to first floor. Doorway through into...
Fitted kitchen With a range of matching wall and base units with roll top work surface over, inset composite sink drainer, integrated electric oven, four burner gas hob with extractor canopy above, space and plumbing for washing machine (washing machine can be included if required), integrated fridge, recessed shelving area, two windows to rear.
Rear lobby With high level cupboard housing gas meter. Multi-paned timber door giving access out to the rear gardens. Timber door through to the...
Ground floor shower room With obscure glazed window to rear.
White suite comprising mid level WC, wash hand basin set into vanity unit, glazed quadrant shower enclosure with wall mounted electric shower, wall mounted gas boiler supplying domestic hot water and gas central heating, radiator.
First floor landing Double doors to storage cupboard. Bedroom one With leaded feature window to front. Ceiling beams. Loft access hatch. Radiator, power points. Bedroom two Multi-paned window to rear.
Radiator, power points, telephone socket. Outside To the rear there is a fully enclosed tiered garden, being an attractive feature of the property. On the lower area there is a paved patio.
Timber garden shed. Steps leading up to the main area of garden which is predominantly laid to lawn bordered by mature plants and shrubs. Enjoying a sunny aspect.
Agents note We have been informed that the property has been completely repainted inside and there is new carpeting.
Also that the thatch has been inspected and the ridge replaced just over two years ago. EPC Rating: C
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
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FAQ
About 5 Exeter Road, Dawlish
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