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 1BA
For saleListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this two bedroom house together with an enclosed courtyard garden, situated near the centre of Okehampton.
There is double glazing throughout and mains gas central heating whilst still offering buyers scope to update and 'put their own stamp'.
Material Information/Utilities Water - Mains connection Drains - Mains Electric - Mains Heating - Mains Gas Broadband - Super Fast, Fibre and Standard available Mobile - EE, Vodafone, Three and O2 all likely Council Tax Band - B EPC - D *Please note this property will remain on the market for sale* Tenancy Procedure The procedure to apply for a property is as follows.
Tenants are asked to complete application forms for referencing which are submitted to Goodlord who are an independent reference agency.
A holding deposit equivalent to one weeks rent is payable upon receipt of a draft tenancy. This will be non refundable should the tenant change their mind and not proceed with the tenancy.
We are part of the client money protect scheme. Please do not hesitate to contact us with any questions or concerns regarding the application procedure.
We aim to make the process as easy as possible and are always happy to help and do what we can to move you in to your new home.
Details Type of Tenancy - 6 month shorthold Rent Payable - £850 per calendar month payable in advance exclusive of rates (general & water) Deposit - £980 Unfurnished We are part of the Client Money Protect Scheme Location Okehampton is an active and thriving town with a good range of facilities including 3 major supermarkets, a number of chain stores as well as many locally owned shops, major banks and some building societies.
There is a modern hospital, a multi doctor surgery and a sports complex with swimming pool. Most other sports are well catered for - golf, squash, tennis, rugby, shooting to name but a few.
The highly successful community college has Technology College status with outstanding facilities which takes children to 6th Form. The adjacent park is an outstanding feature of the town.
The A30 is easily accessed providing a fast journey to Exeter (23 miles) and to Cornwall. The north and south Devon coasts are both approximately 30 miles.
Entrance UPVC double glazed front door leads directly into living room Living Room Laminate flooring, radiator and stairs leading up to the landing.
Kitchen A range of matching floor and wall units, built in electric oven, inset gas hob with an extractor hood over, plumbed recess for a washing machine and dishwasher, tiled flooring, UPVC double glazed door to the garden Stairs Fitted carpet up to the landing Landing Fitted carpet Bedroom One Fitted carpet, radiator, UPVC double glazed window Bathroom A white suite comprising of a panelled bath with an electric shower unit over, concealed cistern toilet, concealed pedestal wash basin, radiator, tile effect flooring Bedroom Two Fitted carpet, radiator, UPVC double glazed window, built in storage cupboard over stairs.
Outside An enclosed gravelled courtyard garden
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 64a, Northfield Road, Okehampton
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