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 · EX6 8AD
For saleReduced £15k (−7.5%) on 21 JunListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A rare opportunity to acquire this two bedroom terraced cottage situated in the popular and sought after village of Exminster within close proximity to local shops, public house, well regarded primary school and golf course.
The property is being offered with no onward chain. EPC C, Council Tax Band B, Freehold. Front door to.. entrance vestibule: Door to..
Living room: 5.1m x 4.0m (16'9" x 13'1") , Double glazed windows to the front, radiator, under stair storage area. Inner hallway: Stairs to first floor landing, radiator, storage cupboard.
Kitchen: 3.1m x 2.5m (10'2" x 8'2") , Base cupboards and drawers with worktop over, sink and drainer, built in hob, wall mounted cupboards, radiator, double glazed window to the rear, double glazed door to the rear.
Shower room: Close coupled WC, wash hand basin, shower cubicle, double glazed window to the rear. First floor landing: Doors to..
Bedroom 1: 4.2m x 3.1m (13'9" x 10'2") , Double glazed window to the front, radiator. Bedroom 2: 3.2m x 2.2m (10'6" x 7'3") , Double glazed window to the front, radiator.
Outside: To the rear is an enclosed garden with steps leading to a sheltered area. Agents note: The property is within Teignbridge District Council. We understand the cottage is of cob construction.
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 4, Milbury Lane, Exeter
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