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 house · EX12 2FR
Listing removedReduced £6k (−2.2%) on 6 AugListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom attached property in a quiet cul-de-sac location just a short walk from the Jurassic coast and Tesco superstore.
This modern starter home which was built in 2022 (still with the remaining 10-year warranty) would be an ideal first home, downsize or rental investment.
The accommodation includes on the ground floor, an entrance hallway with WC off it and door into the open plan kitchen/ dining/reception area with stairs off to the first floor.
The kitchen space includes integrated appliances and upgraded breakfast bar area. The spacious living area has double patio doors out to the good-sized garden.
On the first floor is a landing with access off to two large double bedrooms and a bathroom.
The property further benefits from double glazed window, external doors and gas fired central heating with radiators throughout.
Situated within the desirable Pebble Beach development, this home forms part of a collection of high specification properties crafted to complement the charm of Seaton - a Victorian seaside town on the iconic Jurassic Coast.
Residents enjoy: • A short stroll to the beach, town centre and Tesco superstore.
• Access to scenic coastal walks and nature reserves A relaxed, coastal lifestyle suited to families, first-time buyers and downsizers • Contemporary homes quality finishes The generous rear garden which has a patio, lawn and a gate leading to side access to the front and to the rear communal parking area with two generous allocated parking spaces.
(Like all modern estates this property is subject to a maintenance charge which has currently been waived whilst the roads in the estate are being finished. Your solicitor will make further enquiries)
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
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FAQ
About 8, Cormorant Close, Devon
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