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 work3-bedroom bungalow · EX11 1FP
Under offerListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY This is a delightful modern detached house that was traditionally built by Redrow homes in 2016 and still remains in show home condition for this desirable development.
The superb gas centrally heated and double-glazed accommodation has level access into a lovely entrance hall with a cloakroom and a utility cupboard.
The well-proportioned sitting room has a fireplace and doors that open out to the rear garden.
There is a fantastic large open-plan kitchen/dining room with granite worktops, plenty of storage including an integrated dishwasher and fridge/freezer.
The dining area opens into the superb double-glazed conservatory which has doors that lead out to the garden. There are three well-proportioned bedrooms, the principal has an en-suite shower room.
The family bathroom has a modern white suite with a shower over the bath.
OUTSIDE The level and enclosed rear garden is in the main laid to lawn with a decked and patio area which provides a perfect place to sit outdoors during fine weather.
To the side is a timber garden shed and a couple of useful stores. A pedestrian gate leads to the front. The integral garage has power and light.
A driveway at the front provides parking for several vehicles.
SITUATION The property is situated on a desirable residential development towards the outskirts Ottery St Mary yet still within walking distance of the town centre and is also located within the ‘outstanding’ Kings secondary school catchment area.
The town of Ottery St Mary which boasts all the amenities of a small town including a good range of independent shops, large Sainsbury’s store, monthly farmers’ market, medical centre, pharmacy, handsome parish church.
The surrounding countryside offers excellent walking facilities.
The Coast at Sidmouth is located about 5 miles to the south with its promenade and beautiful beaches, range of shops, cafes, prestigious hotels and stunning walks along the World Heritage Jurassic Coast.
The busy market town of Honiton lies approximately 5 miles has an excellent range of shops, sports centre, twice weekly market and a mainline rail link to London Waterloo.
The Cathedral City of Exeter (M5) lies approximately 10 miles to the south west and has a comprehensive range of shopping facilities including the Princesshay Shopping Centre, theatres, restaurants & food hall and a renowned university, as well as rail links to Bristol (on the express Paddington line) and Waterloo, and international airport.
Colyton Grammar, one of England’s top mixed schools, is conveniently located about 13 miles to the south-east. SERVICES - Mains gas, drainage, electricity and water.
LOCAL AUTHORITY - East Devon District Council - . Council Tax Band: E ENERGY PERFORMANCE CERTFICATE - Rating: B FLOOD RISK.
Flood risk information can be checked through the following: gov.uk/check-long-term-flood-risk BROADBAND & MOBILE.
The seller has advised us that Broadband is available at the property Broadband availability at this location can be checked through: checker.ofcom.org.uk/ Mobile coverage can be checked through: checker.ofcom.org.uk/en-gb/mobile-coverage
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
Agent & docs
FAQ
About Butts Road, Ottery St. Mary, Devon
Explore nearby
