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 work3-bedroom terraced house · EX9 7AU
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description discount market sale, an opportunity to buy below market value An exciting opportunity to purchase a brand-new home through the Discount Market Sale (dms) scheme, designed to help eligible buyers secure a new home at a reduced percentage of its full open-market value.
The property is offered at a discounted purchase price, making home ownership more accessible to qualifying purchasers.
Unlike Shared Ownership, buyers purchase 100% of the property and there is no rent to pay on the discounted element.
Eligibility criteria This home is available through the Discount Market Sale scheme and is specifically intended to help local people who would otherwise be unable to purchase a suitable home on the open market.
To be considered, purchasers must: Have a qualifying local connection to the area, such as currently living locally. Be unable to afford a suitable home on the open market within the local area.
Eligibility will need to be verified before a purchase can proceed. Please contact us for further information and to discuss whether you may qualify.
Situation Evans Field offers a prime location for local schools and activities, with the beautiful Budleigh Salterton just minutes away.
Budleigh Salterton remains an unspoilt coastal town with a long pebble beach and a wide selection of local shops and amenities.
One of Devon's premier Golf courses is situated on its outskirts and it also boasts a Cricket Club, Croquet, Tennis and Football Clubs.
The town lies close to Woodbury Common and is situated approximately three miles from Exmouth, twelve miles from Exeter and six miles from Sidmouth.
Directions Proceed towards Woodbury on the B3179 and continue through the village via Broadway. After approximately one mile turn right at the signpost to Budleigh Salterton.
At the T junction turn right and proceed along the B3180. Continue on for a few miles until reaching a roundabout and continue over into Budleigh Salterton over Knowle Hill.
Take the first left hand turn into Knowle. Go through Knowle passing Bedlands Lane on your right hand side and you will then find the development on your right.
Show Home Now Open Tuesday, Thursday & Friday 10am - 5pm
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
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FAQ
About Plot 38 - The Budleigh,, Evans Field, Budleigh Salterton
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