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 · EX6 6BN
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Rowan Terrace is a fantastic, recently refurbished, generously proportioned three bedroom semi-detached home in the sought after village of Cheriton Bishop.
Perfectly positioned within walking distance to local amenities, an Award Winning Pub and Dartmoor National Park whilst Exeter City Centre is just a short car journey away.
This cottage style home is deceptively spacious with a welcoming entrance hall leading to a bright and airy kitchen dining room with French doors leading to a newly landscaped rear garden.
A separate living room completes the ground floor. Upstairs three double bedrooms share a modern family bathroom. There is a driveway to the rear of the home with space for two vehicles.
The perfect starter home, downsize or investment.
Rowan Terrace is available with no onward chain and vacant possession with an estimated monthly rental income of approximately £1,300 per calendar month.
Contact us to find out more about our collection of nearly new properties. Situation A fantastic location situated in the heart of Cheriton Bishop.
There are a host of amenities including a primary school, convenience store, doctor’s surgery, public house, church and village hall.
There is also a bus service to the cathedral city of Exeter or moorland town of Okehampton.
Directions From Exeter city centre proceed along Western Way to the Exe Bridge, taking the left lane into Alphington Road. Follow the signs to the A30, taking the Okehampton bound carriageway.
Follow for several miles and take the exit into Cheriton Bishop. The cottage will be found on the left hand side.
Services: The vendor has advised the following: Biomass Boiler serving the Central Heating and Hot Water. Mains Electricity Water and Drainage. Telephone landline not currently in contract.
Fttc is available at speeds of 32 - 72Mbps. All major mobile networks showing as available.
Agents Note: The vendor advises that the Current Budgeted Annual Service Charge is approximately £200 per annum payable to Moor Park Management Ltd.
Agents Note: Please note some of these image may be digitally staged.
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
FAQ
About 2, Rowan Terrace, Exeter
Explore nearby