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 bungalow · EX36 4DL
For saleReduced £20k (−6.8%) on 20 OctListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An entrance porch welcomes you into the home, with a further door leading through to a spacious central hallway providing access to all principal rooms.
To the left is the generously sized living room, which overlooks the front elevation.
The kitchen is positioned to the rear of the property, overlooking the garden, and benefits from a useful larder cupboard together with space and plumbing for white goods.
There are two double bedrooms, both benefiting from fitted wardrobes, along with the bathroom.
From the kitchen, a further inner hallway provides access to the garage and leads through to a conservatory, which is currently in need of significant repair and provides access to the rear garden.
To the rear of the garage is a useful utility area. Externally, the property has a small front garden with driveway parking and access to both sides leading around to the rear.
The rear garden is a good size, mainly laid to lawn with a variety of mature shrubs, together with a greenhouse and useful timber storage shed.
From South Molton Town Square, proceed in a westerly direction, following the signs to Barnstaple, continue into Barnstaple Street and at the crossroads, turn left into West Street.
Continue along West Street and at the first mini-roundabout turn left into Maclins Close and the bungalow will be found shortly after on the right.
Services We understand the property is connected to all mains services. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting ofcom Tenure Freehold Council Tax Nddc - C Contruction Type Standard
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
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FAQ
About 11, Maclins Close, Devon
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