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 terraced house · EX7 9AE
Sold STCReduced £10k (−12.5%) on 20 MayListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale By Auction on 2nd April 2026 at 12:00 unless sold prior or withdrawn. To inspect the legal documents for this property please see the more information section below or visit our website.
A two bedroom character cottage requiring modernisation situated in the heart of the popular seaside town of Dawlish.
The property offers an open plan lounge/kitchen/dining area with exposed beams and spiral staircase to the ground floor, with master bedroom and en-suite shower room and second double bedroom to the first floor.
Situated Dawlish is a popular seaside town with a dog friendly sandy beach and a mainline railway station, famous for its black swans and offering a selection of bespoke shops, leisure and educational facilities catering for all age groups.
Dawlish is readily commutable to Exeter city centre and the nearby towns of Torquay, Paignton and Teignmouth.
Accommodation Ground Floor Open plan lounge/kitchen/diner with spiral staircase rising to the first floor.
EPC Rating F Council Tax Band A GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE GUIDE PRICES & RESERVE PRICES Guide Price An indication of the seller’s current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the m Reserve Price The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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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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
FAQ
About 23 Brook Street, Dawlish, Devon, EX7 9AE
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