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 4HQ
For saleReduced £30k (−9.2%) on 3 SepListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Glass panelled front door with outside courtesy light giving access to: Entrance porch: 3.28m x 1.02m (10'9" x 3'4") Double glazed window, tiled flooring, inner glazed panelled door to: Reception hall: Radiator, fitted cupboard, glazed panelled door to: Lounge/dining room: 7.01m x 3.3m (23'0" x 10'10") A spacious and extended room with double glazed window to front aspect, two radiators, TV point.
Kitchen: 3.02m x 2.67m (9'11" x 8'9") Double drainer sink unit with cupboards and drawers beneath, worktops with plumbing for automatic washing machine under, electric cooker point, wall mounted cupboards, serving hatch to lounge/dining room, cupboard housing modern gas boiler for hot water and central heating with water cylinder beneath, double glazed window to rear aspect, door to outside, radiator.
Bedroom 1: 3.17m x 3.02m (10'5" x 9'11") Built-in wardrobe, radiator, sliding double glazed patio doors to: Conservatory/garden room: 2.64m x 2.59m (8'8" x 8'6") Wall light, windows and sliding patio doors opening onto the rear garden.
Bedroom 2: 3.25m x 3.05m (10'8" x 10'0") Built-in wardrobe, radiator, double glazed window to front aspect.
Bathroom/WC: 2.08m x 1.96m (6'10" x 6'5") Comprising of bath in tiled surround with Mira shower unit, shower curtain and rail, pedestal wash hand basin, WC, electric wall heater, double glazed window with patterned glass, radiator.
Outside: Conveniently located, the property enjoys driveway parking leading to a garage, with attractive front garden laid to lawn with patio and stone area, rose, flower and shrub beds, a side pathway leads through to the rear garden.
The garden enjoys a sunny aspect, mainly laid to lawn garden edged with mature shrubs, a patio area and timber garden shed. Outside cold water tap. Garage:
Value & comps
No previous sales on record.
Returns
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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 3, Brixington Lane, Exmouth
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