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 semi-detached house · EX4 2LX
Listing removedReduced £5k (−2.5%) on 5 MarListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom semi detached property situated in a popular residential area with good size living accommodation, front and rear gardens and allocated parking.
The property is within close proximity to a well regarded primary school, local shop, bus route and St David's Train Station. EPC D, Council Tax Band B, Freehold. FRONT DOOR TO..
ENTRANCE VESTIBULE: Door to.. LIVING ROOM: 5.1m x 3.6m (16'9" x 11'10") Including staircase , Double glazed windows to the front and the side, stairs to first floor landing, electric heater.
KITCHEN/DINER: 3.6m x 3.3m (11'10" x 10'10") , Base cupboards and drawers with worktop over, space for cooker, space for washing machine, space for fridge freezer, space for slimline dishwasher, sink and drainer, wall mounted cupboards, double glazed window to the rear, double glazed door to the rear.
FIRST FLOOR LANDING: Loft access, electric heater, doors to.. BEDROOM 1: 3.6m x 2.9m (11'10" x 9'6") , Double glazed window to the front, storage cupboard.
BEDROOM 2: 3.6m x 2.4m (11'10" x 7'10") , Double glazed window to the rear. SHOWER ROOM: Close coupled WC, wash hand basin, shower cubicle, towel rail.
OUTSIDE: To the rear is an enclosed garden with paved patio and steps leading up to a decked area with handy storage shed and gate providing rear access.
AGENTS NOTE: We have been made aware there is no gas connection to the 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
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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
FAQ
About Howard Close, Exwick, EX4
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