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 house · EX15 2QH
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A high yielding investment opportunity of 3 self contained 1 bedroom flats each with a parking space, with an established rent roll, future development potential and garden land. Council Tax Band: A.
EPC Band: C. Freehold. Desription An excellent investment property with an established rent roll of £19,800 per annum (2026), giving a current gross yield of 6.7% but with potential to review.
Originally the whole building was converted by the current owners and Flat 2B was refurbished in 2022.
The property has vehicle access to the rear providing parking for each flat, as well as a redundant garage and gardens extending to approximately 0.061 acres.
The garden land offers potential for future development subject to the necessary consents. Consent was given in 2006, now lapsed, ref: 06/00388/full.
The property is situated within walking distance of several large employers and the village amenities which include Co-op, store/post office, primary school, church, sports/tennis club, Spar/petrol station.
The M5 can be accessed at either J27 or J28, both within 4 miles. Services Mains Electricity, Water and Drainage. Electric Heating.
Ofcom predicted broadband services – Standard, Superfast & Ultrafast broadband available. Ofcom predicted mobile coverage: Internal - O2 & Vodafone. External - EE, Three, O2 and Vodafone.
Local Authority: Mid Devon District Council. Directions What3Words: ///interview.straws.labs Google Drop Pin:
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
.png){kind=logo}
FAQ
About South View Road, Cullompton
Explore nearby
