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 · EX20 1BB
Listing removedListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This spacious property offers excellent potential for improvement and modernisation.
Situated in a popular location in the center of Okehampton and within walking distance of all amenities that the town has to offer.
On the first floor there are two reception rooms, a kitchen and utility area and outside WC. On the first floor there are two bedrooms and a generous bathroom.
The property does benefit from gas central heating and partial uPVC double glazing. Externally the garden has a patio area, lawn, outbuildings and rear access.
Council Tax Band: B (West Devon Borough Council) Tenure: Freehold Entrance Porch Dining Room (3.9m x 3.5m) Living Room (4.2m x 3.7m) Kitchen (3.0m x 2.4m) Utility Room (2.8m x 2.0m) WC Outside First Floor Landing Bedroom (4.9m x 3.5m) Bedroom 2 (3.5m x 3.0m) Bathroom (3.0m x 2.4m) Bath, Separate shower, WC and Wash basin.
Outside To the rear of the property there is a level garden. A right of way runs across the concrete path, providing rear access for both this and neighbouring properties.
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
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FAQ
About 18 Northfield Road, Okehampton
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