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 house · EX5 5AE
Listing removedListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Half Moon Village is ideally situated just 3 miles from Exeter on the Western side. This cottage is full of character and charm and has potential to add value with upgrades and improvements.
With a garden and outbuilding, there is the opportunity for village life for an affordable price.
The lounge has a feature brick fireplace with Victorian range cooker, there is an original window seat and an arch through to the kitchen with an array of units, ceramic sink and space to the end for a dining area with a woodburning stove and a door to the rear.
Upstairs there are two bedrooms to the front and one bedroom to the rear, the bathroom has a bath and shower, a vanity sink and WC.
There are handy storage spaces on the landing and beside the staircase and a large boarded attic. The heating is from electric heaters but these would need to be tested before using.
Outside there is a pedestrian right of way around to the rear of the property and access to the garden just across the courtyard.
The garden has a lovely array of trees including apple, cherry, plum, monteray pine & silver birch, there is an area laid to lawn with fruit bushes and shrubs to the side, further along the path from the garden is a handy shed for storage.
There is a bus stop 20 meters from the property with regular buses to Exeter and, on the opposite side, to Crediton. Viewings strictly by appointment only. Please see the floorplan for room sizes.
Current Council Tax: Band B - Mid Devon 2025/26 - £1925.13 Utilities: Mains electric, water, telephone & broadband Broadband within this postcode: Standard 16Mbps (airband & starlink are options for a faster supply) Drainage: Mains drainage Heating: Electric heaters Listed: No Conservation Area: No Tenure: Freehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential ID verification and anti-money laundering checks, as required by law.
NEWTON ST CYRES is a favoured location for those seeking a village setting with easy access to both Crediton (3 miles) and Exeter (5 miles) via the A377.
For non-drivers, or those wanting to rely less on a car, frequent buses and trains serve both these towns.
The centre of the village is formed by thatched cottages many of which are clustered around the pretty ford with its cobbled bridge and is a designated Conservation Area.
There are plenty of options to keep busy in and around the village. The Newton St Cyres Arboretum features a huge collection of trees and shrubs, is dog friendly, and a super place for a walk.
Access to the arboretum is through the churchyard of the Parish Church of St Cyr and Julitta, a thirteenth century building overlooking the village.
There are also several eateries to explore, including The Beer Engine; a renowned real ale micro-brewery equally feted for its good food.
This pub is also near the village recreation ground home to the Woodbury & Newton St Cyres cricket teams and Newton St Cyres FC.
Not far from the cricket ground is the recently built primary school (OFSTED Good) which also provides wraparound care open to all nursery and school aged children.
The schools personal development and early years care is OFSTED Outstanding. DIRECTIONS : From Crediton take the A377 in an Easterly direction towards Exeter.
Half Moon Village is the next village after Newton St Cyres. The property can be found along to the left marked with a Helmores Board.
Please do not park to the rear of the property, parking is available in the lay-by opposite or in Hanlons Brewery lay-by. For Sat Nav: EX5 5AE What3Words: ///bandaged.herds.dentures EPC Rating: D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Newton St. Cyres, Exeter, EX5
Explore nearby