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 property · EX20 1LG
Listing removedListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The current vendors have maintained the property during their ownership and present it beautifully.
There is a spacious open plan living space that is triple aspect allowing an abundance of natural light in. Two bedroom's both benefiting storage space and a modern shower room.
There is a boarded loft space with light & power connected for further storage space. There is off road parking, space for external storage sheds and a small patio area for table & chairs.
To fully appreciate this cosy home viewings are highly advised.
Council Tax Band: A (West Devon Borough Council) Tenure: Freehold Property Location Oaklands Residential Park Home Site is a small and attractive site of circa 30 homes and is at full capacity.
This unique park is situated within a 5 minute walk of the Town Centre and all the Amenities on offer.
Situated on the northern side of town there is good access to the town's three supermarkets to include a Waitrose.
Entrance Hall 1.44m x 1.46m Open Plan Living Space 4.38m x 5.81m Inner Hall Shower Room 1.73m x 1.87m Bedroom 1 2.76m x 2.76m Dressing Room 2.76m x 1.39m Bedroom 2 2.81m x 2.41m Agents Note We are advised by the vendors that the site fee's are currently £54.61 weekly, which includes water & sewage costs.
Agents Note Please note as below when selling a Park Home - 2.28 You are entitled to 90 % of the sale price when the sale is completed.
The buyer must hold the remaining 10% as commission which has to be paid to the site owner later.
Material Information Tenure: According to the Mobile Home Act 2013, park homes are neither freehold nor leasehold. That's because all you are buying is the static caravan itself.
The land remains the property of the park owner at all times. Council Tax Band: A was the most recent band via West Devon Borough Council. Services: Mains Water & Electricity. Private Sewage.
LPG Gas (Liquefied petroleum gas) central heating. Mobile: O2, EE, Vodafone likely (OFCOM) Broadband: Standard likely (OFCOM)
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 Oaklands Park, Glendale Road, Okehampton
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