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 · EX1 3UN
Listing removedReduced £10k (−3.8%) on 25 JulListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Located in a highly convenient and well-connected area of Exeter, this well-presented two-bedroom terraced home on Membury Close offers an ideal opportunity for first-time buyers, young professionals, small families, investors, or those looking to downsize.
The accommodation comprises a modern kitchen, spacious living/dining room, family bathroom, and a bright conservatory featuring a newly fitted roof, creating an excellent additional reception space overlooking the rear enclosed garden.
The garden also benefits from rear access leading directly to the garage and allocated parking space, with the garage offering both power and lighting.
Perfectly positioned within walking distance of the Met Office, Sowton Industrial Estate, and the Sowton Park & Ride, the property also enjoys easy access to the M5 and A30, making it an excellent choice for commuters.
A wide range of transport links are readily available, including nearby bus routes and Digby & Sowton railway station.
Families will appreciate the proximity to well-regarded local schools including St Nicholas Catholic Primary School, Whipton Barton Junior School, St Luke's Church of England School and St Peter's Church of England Aided School.
Excellent local amenities are also close at hand, with nearby supermarkets and shops including Sainsbury's, Tesco, Lidl, Aldi and all within easy reach, making this a superbly located home for modern day living.
Please Note: We are supervised by hmrc for the purposes of Anti-Money Laundering (aml) regulations.
If your offer to purchase a property is accepted, you will need to satisfy the requirements set out in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To comply with these obligations, we work with an independent third-party provider to complete id verification, aml checks, and source of funds checks. A charge of £48.00 applies for these checks.
Please note that a memorandum of sale cannot be issued until all required verification has been successfully completed.
As a regulated Sales Agent, we are required to be part of an approved redress scheme.
We are members of The Property Ombudsman, which is a government-approved scheme providing independent dispute resolution. From time to time, we may introduce buyers or sellers to The Mortgage Quarter.
Use of their services is entirely optional. If you choose to proceed with them, please be aware that we may receive an average referral payment of £200 for the introduction.
Stamp Duty Land Tax (sdlt) may be payable on your purchase.
We advise speaking with your solicitor or legal representative to confirm what, if any, amount is due based on the latest government guidelines. Council Tax Band: C Tenure: Freehold
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
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FAQ
About 8 Membury Close, Exeter
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