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 work4-bedroom flat · EX9 6AP
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wellcott House is a unique opportunity to acquire a flat, which is partly arranged over two floors.
Due to the size and layout of the accommodation available, the selling agents fully recommend and internal inspection.
Entrance/Porch Double glazed door and double glazed windows, staircase rising to the first floor, doors to ... Bedroom Double glazed window to the front elevation Laminate floor.
Door to : Wet Room A modern wet room with shower, hand wash basin and close coupled WC. Spot lights. Extractor fan.
Living/Dining Room Double glazed window to front elevation, central heating radiator, laminate flooring, door to ... Utility Room Double glazed door to side elevation and out onto the courtyard.
Double glazed window to front elevation, ladder style heated towel rail, space and plumbing for washing machine, laminate flooring.
Kitchen Belfast sink with expanse of work surface, with storage cupboards under, electric cooker point, ceiling spotlights, walk-in storage area. Breakfast bar.
First Floor Landing Laminate flooring, ceiling spotlights, obscured double glazed windows to the side elevation, central heating radiator, doors to ...
Bedroom Double glazed window to front elevation, double glazed doors to rear elevation, laminate flooring, central heating radiator with thermostatic control. Door to ...
En Suite Shower Room Shower, close coupled WC, central heating radiator, extractor fan.
Bathroom Obscured double glazed window to front elevation, panelled bath with shower screen and shower over, close coupled WC, chrome ladder style heated towel rail, extractor fan, ceiling spotlights.
Bedroom 4/Study Double glazed window to front elevation, central heating radiator with thermostatic control, cupboard housing gas central heating boiler. Laminate flooring.
Bedroom Double glazed window to side elevation, further double glazed window to front elevation, ceiling spotlights, laminate flooring, central heating radiator.
Outside To the front of the property, the driveway provides ample parking for several vehicles. To the rear, the garden is mainly laid to lawn with flower bed borders and raised seating area.
Cold water tap. Electric power point. Access to storage area. Material Information What3words: ///boosted.neckline.armed Tenure: Freehold Council Tax: Band C (East Devon District Council).
Mains: Electricity, Gas, Water & Drainage.
Parking: Driveway offering ample off street parking Property Accessibility: Step to the front door and staircase leading upstairs Rights & Restrictions: None known Planning: No current planning affecting this property
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
.png){kind=logo}
FAQ
About Wellcott House,, Knowle Village, Budleigh Salterton
Explore nearby
