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 terraced house · EX16 6BU
Under offerReduced £10k (−5.3%) on 25 OctListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented and completely redecorated throughout, this attractive three-bedroom home offers spacious and versatile accommodation arranged over two floors and is available with no onward chain, making it an ideal purchase for first-time buyers, families, or investors alike.
The ground floor comprises an inviting entrance hall leading to a generous lounge, providing an excellent space for relaxing and entertaining.
To the rear is a well-proportioned kitchen/dining room with ample space for family meals and direct access to a bright sunroom, perfect as a home office, playroom or additional seating area overlooking the garden.
On the first floor are three bedrooms, including two comfortable doubles and a further single bedroom suitable for a child’s room, nursery, or study. A family bathroom completes the accommodation.
Situated in a convenient location close to Tiverton town centre, local amenities, schools and transport links, this property combines modern presentation with practical living space and is ready for immediate occupation.
Council Tax: Band B - Mid Devon Services: Mains Electric, Gas, Water and Drainage Broadband: Superfast Full Fibre Within This Postcode. Fibre to the Cabinet Broadband.
Mobile Signal: You are likely to get good coverage.
Tenure: Freehold Directions:- Using the what3words app, search:- curry.charge.wicked PLEASE NOTE: Our business is supervised by HMRC for anti-money laundering purposes.
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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
FAQ
About Chapel Street, Tiverton, Devon, EX16
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