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 work4-bedroom house · EX6 8SU
Listing removedReduced £25k (−7.1%) on 15 AugListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Penny Close is tucked away at the end of a very quiet cul-de-sac, whilst just a short walk from the village centre, offering plenty of local amenities and also within close proximity to all major road networks and the city centre.
On entering, a welcoming entrance hall with central staircase flows nicely into the living room which benefits from plenty of natural light.
To the other side of the staircase, you will find a separate, generous dining room.
The rear of the property is occupied by a stunning, modern fitted kitchen/breakfast room with breakfast bar, integrated appliances and patio doors leading into the garden.
Off of the kitchen, there is a useful utility and cloakroom with rear door to garden.
Upstairs hosts three lovely double bedrooms, a further single room with a generous family bathroom with separate bath and shower servicing all rooms.
Outside, the property enjoys a very attractive, private rear garden with lawn and patio area with westerly aspect and large shed. To the front, there is a private driveway.
Council Tax Band: D Tenure: Freehold Entrance Hall UPVC front door leading into entrance hall, wood flooring, radiator, carpeted stairs to first floor Dining Room Front double glazed window, wood flooring, radiator, door to utility area Living Room Front double glazed window, radiator, carpeted, doorway to kitchen/diner Kitchen/Diner Rear double glazed window and rear double glazed patio doors to garden.
Stylish fitted kitchen with range of modern wall and base units, space for large fridge freezer, integrated hob and oven, integrated dishwasher, breakfast bar, plinth lighting, wood effect flooring.
Doorway to utility Utility Rear double glazed door to garden, wall and base units, space and plumbing for washing machine, space for under counter fridge freezer, combi boiler, radiator, wood effect flooring door to cloakroom Cloakroom Rear double glazed window, low level WC, wash hand basin, wood effect flooring, radiator First Floor: Carpeted stairs to first floor landing, storage cupboard, loft hatch Bedroom 1 Front double glazed Velux window, radiator, carpeted, fitted wardrobes Bedroom 2 Rear double glazed window, radiator, carpeted, fitted wardrobes Bedroom 3 Front double glazed window, radiator, carpeted, fitted wardrobes Bedroom 4 Front double glazed window, radiator, carpeted Bathroom Two rear double glazed windows, low level WC, wash hand basin, panelled bath and separate shower, heated towel rail Rear Garden Attractive, well landscaped rear garden with patio and lawn area, outdoor tap, large shed Front Garden Driveway to side of property
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 26 Penny Close, Exeter
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