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 semi-detached house · EX20 1GZ
Listing removedReduced £10k (−4.3%) on 23 JulListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An opportunity to acquire a modern property which would suit a variety of buyers.
This three bedroom end of terrace property benefits two bathrooms and separate WC facilities to the ground floor.
The internal layout is well balanced which is complete with a spacious sitting room and kitchen/dining room.
An edge of town location which offers great commuting links while being within close proximity of the town's amenities, schools, parks & train stations.
There are front and rear (the rear being south east facing) gardens & allocated off road parking. To fully appreciate the property and its location viewings are essential.
Council Tax Band: B (West Devon Borough Council) Tenure: Freehold Entrance Hall WC Living Room (4.40m x 3.67m) Kitchen/Diner (3.00m x 4.76m) First Floor Landing Bedroom 3 (2.64m x 1.93m) Bedroom 2 (2.74m x 2.38m) Bathroom Bedroom 1 (3.72m x 2.95m) En-Suite Shower Room Outside A front garden space which has been designed for ease of maintenance.
Bordered with hedgerows providing natural screening. There is a fully enclosed, south east facing rear garden with a large patio area for enjoying this private garden space.
Side gate, providing access to the allocated car port parking a short distance from the garden.
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 1 Monkey Puzzle Drive, Okehampton
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