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 · EX2 7GU
Listing removedListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Guide price £290,000 - £300,000 Located in the ever-popular Somerville Crescent, this spacious and well-presented home benefits from excellent access to a wide range of local amenities.
The property is within walking distance of both Newcourt Train Station and Topsham town centre and offers convenient links to the City Centre, all major road networks, and a number of well-regarded primary and secondary schools.
Internally, the accommodation is deceptively spacious.
A bright and welcoming living room is located at the front of the home, with the open plan, modern fitted kitchen/diner occupies the rear of the property with patio doors leading to a private rear garden.
The ground floor is complete with useful cloakroom and ample storage. Upstairs, you will find three well-proportioned bedrooms, including a master with en-suite, and a well presented family bathroom.
Externally, the sunny rear garden features both patio and lawn area. There is also a garage with parking directly to the front.
Council Tax Band: D Tenure: Freehold Entrance Hall UPVC front door into entrance hall, carpeted stairs to first floor, radiator, door to cloakroom Cloakroom Low level WC, wash hand basin, wood-effect flooring, radiator Living Room Front double glazed window, radiator, carpeted, door to kitchen/diner Kitchen/Diner Double glazed window to rear aspect, double glazed patio doors to rear leading to rear garden.
A range of modern fitted wall and base units, combi-boiler, radiator, integrated oven, integrated gas hob, integrated dishwasher, inset stainless steel sink and drainer, space and plumbing for washing machine, under stairs storage.
Space for family dining table and chairs First Floor Carpeted stairs to first floor, storage cupboard, loft hatch Bedroom 1 Front double glazed window, radiator, carpeted, door to en-suite En-Suite Front double glazed window, low level WC, wash hand basin, shower cubicle, radiator Bedroom 2 Rear double glazed window, radiator, carpeted Bedroom 3 Rear double glazed window, radiator, carpeted Family Bathroom Side double glazed window, low level WC, wash hand basin, panelled bath with shower over, heated towel rail Rear Garden Private enclosed rear garden with side access.
Garden is mainly laid to lawn Front Garden Pathway to front door. Garage located next to adjacent property, with up and over door and ample parking on driveway in front.
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.
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FAQ
About 83 Somerville Crescent, Exeter
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