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 work1-bedroom flat · EX20 2FF
For saleReduced £5k (−3.8%) on 16 SepListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculate one-bedroom ground floor apartment, built in 2016, offers a spacious, bright and airy living space finished to a high standard throughout.
Benefiting from gas central heating, the property boasts a modern layout with direct access to a private garden.
Further advantages include allocated parking and the reassurance of no forward chain, making this an ideal first home or investment opportunity.
Material Information/Utilities Water - Mains connection Drains - Mains Electric - Mains Heating - Mains Gas Broadband - Ultra Fast and Standard available Mobile - EE & Vodafone offer best coverage (ofcom) Lease information - 125 year lease, granted in 2016.
Ground rent and service charge.........per annum (including buildings insurance) Council Tax Band - A EPC - B Current Ground Rent- £341 Current Service/Maintenance Charge- £250 A UPVC double glazed door opens to the Entrance Hall A particularly spacious entrance with a useful storage cupboard, fitted carpet, radiator.
Bedroom Fitted carpet, fitted wardrobes, radiator.
Bathroom A white suite comprising of a panelled bath with mixer taps/shower attachment, low level w.c., pedestal wash basin, vinyl flooring, radiator, extractor fan Living Room A dual aspect room with UPVC double glazed French doors open to the garden, fitted carpet, radiator, open plan to the Kitchen/Dining Room A range of fitted floor and wall units with a built in slot under electric oven, inset gas hob with an extractor hood over, plumbing and space for a washing machine, vinyl flooring, radiator.
Outside To the front of the property is an allocated parking space. At the rear is an enclosed garden and patio with a small shed, all accessed by a side gate.
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
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FAQ
About 1 Tarka Court, Fore Street, North Tawton
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