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 · EX8 4NS
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE ACCOMMODATION COMPRISES: uPVC front door to double glazed entrance porch.
ENTRANCE PORCH: 1.52m x 1.52m (5'0" x 5'0") Plumbing for automatic washing machine, space for tumble dryer, space underneath worktop, opening through to: KITCHEN/DINING ROOM: 5.44m x 3.61m (17'10" x 11'10") maximum overall measurement.
A spacious extended room with double glazed windows enjoying excellent views across the town to the estuary, marina, sea and coastline in the distance.
The kitchen area is fitted with patterned worktops, tiled surrounds, cupboards, drawer units, dishwasher space beneath worktops, inset single drainer sink unit, induction hob with tiled splashback and fold up and away extractor hood, built-in oven with warming drawer, pull-out larder style cupboards, recess housing space for microwave, ceiling spotlighting.
DINING AREA: Radiator, TV point, fitted storage cupboard, which also houses the gas boiler for central heating, electric consumer unit and meter, wall mounted glass fronted display cabinets.
INNER HALLWAY: Access to loft space via ladder with light , radiator.
LOUNGE: 4.67m x 3.35m (15'4" x 11'0") A good size room with double glazed window to front aspect enjoying a pleasant open aspect, wooden fire surround housing electric fire, two radiators, fitted shelving unit in wall recess, TV point.
BEDROOM 1: 3.71m x 3.25m (12'2" x 10'8") Fitted wardrobes with pine fronts incorporating chest of drawer units, clothes rail and shelving.
Radiator, double glazed window to front aspect again enjoying pleasant views across the town towards the estuary in the distance.
BEDROOM 2: 3.33m x 3.05m (10'11" x 10'0") Radiator, double glazed window overlooking the rear garden.
WET ROOM/WC: 1.96m x 1.8m (6'5" x 5'11") Shower area, vanity style wash hand basin with mirror fronted medicine cabinet over with display lighting, shaver socket, WC with push button flush, chrome heated towel rail, fully tiled walls, double glazed window with patterned glass.
OUTSIDE: Enjoying a convenient cul-de-sac location the property is approached by a long driveway with additional hardstanding area providing ample off road parking.
Lawned front garden edged with colourful shrub rose beds. Car EV charger.
A pathway leads through to the rear garden, which is a great feature of the property, generous in size, laid to lawn with good size patio sun terrace areas, ideal for outside entertaining and ideally positioned to take full advantage of the views to the estuary, marina, sea and coastline in the distance.
GREENHOUSE: 2.44m x 1.83m (8'0" x 6'0"), TIMBER GARDEN SHED: 2.44m x 1.83m (8'0" x 6'0"), outside tap and outside power sockets, outside lighting.
GARAGE: 4.88m x 2.46m (16'0" x 8'1") Electric roller door, window, power and light connected.
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
FAQ
About The Marles, Exmouth, EX8 4NS
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