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 · EX11 1AD
For saleReduced £39.5k (−19.8%) on 25 OctListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
36 Mill Street is a spacious and characterful town cottage, conveniently situated in the heart of Ottery St Mary town centre and within level walking distance of the excellent amenities on offer.
The property benefits from an excellent-sized rear garden, enjoying a good degree of sunlight throughout the day.
The well-proportioned accommodation begins with a useful entrance hall, leading through to the dining room which offers ample space for a family-sized dining table and chairs.
The living room is a good size, with space for comfortable furniture and a feature electric fireplace.
The kitchen is fitted with a range of white-fronted cupboards and drawers at both base and eye level, with space for modern appliances.
From the kitchen, there is access to a useful side utility room providing additional appliance space and access to the rear garden.
Also leading from the kitchen is a downstairs shower room, which includes plumbing for a washing machine.
Stairs rise to the first floor, which comprises two good-sized double bedrooms, with the main bedroom benefiting from a built-in storage cupboard.
Both bedrooms offer plenty of space for wardrobes and chest of drawers. The roof was replaced 3 years ago with new felt and slates.
Outside, the rear garden is of a good size and enjoys plenty of sunlight throughout the day.
It is mainly laid to lawn, with a patio area providing an ideal space for outdoor dining, and a summer house positioned at the bottom of the garden.
To the front of the property, there is on-street parking, and residents also have the option to purchase a permit for the nearby council car park, which is just a short walk away.
The property is offered to the market with no onward chain, and an early inspection is highly recommended.
TENURE Freehold VIEWING By prior appointment with Redferns on SERVICES We understand all mains services are connected except gas.
OUTGOINGS Council Tax Band B MOBILE AND BROADBAND COVERAGE Broadband is available to this property, for specific checks, please use this link checker.ofcom.org.uk AGENTS NOTE Data protection act of 2017.
We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing a sale.
Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence IMPORTANT NOTICE 1.
Every care is taken in preparing these particulars but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith but they are for guidance only and intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn.5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective but we endeavour to make our particulars accurate.
If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078 Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD
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
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FAQ
About 36, Mill Street, Ottery St. Mary, EX11 1AD
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