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 house · EX17 6NX
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A quintessential character home that has been upgraded to a high standard.
The cottage offers spacious living accommodation including the living room with a stone fireplace with woodburner, character kitchen/dining room, two double bedrooms and upgraded bathroom.
Outside there are traditional front gardens and a private rear garden with barn and a rear parking area.
Location Morchard Bishop is one of the larger parishes in the county lying east of the A377 Exeter/Barnstaple road and north west of Crediton, boasting a pub, doctors surgery. Primary school and shop.
It nestles comfortably in the heartland of Devon, midway between the North and South coast and sitting between Dartmoor and Exmoor.
The village is surrounded by unspoilt countryside, yet is within easy travelling distance of Crediton, Exeter and Tiverton.
The village is well served by local buses to Crediton and Exeter and is three miles from Morchard Road station on the Barnstaple to Exeter Tarka line.
Description A stable door with a thatched porch over opens to the entrance hall with stairs to the first floor and a door to the living room with an inglenook fireplace with inset wood burning stove, wood flooring and windows to the front and rear.
The kitchen/dining room boasts Shaker style units with solid wood worktops and a Belfast style sink, space for a dishwasher and fridge/freezer.
A door opens to the deep pantry, as well as a further stable door to the rear garden. The first floor landing has a window to the rear and gives access to the two good size double bedrooms.
The modern bathroom in white with a shower over the bath, finishes the internal accommodation.
The lovely long front garden offers privacy from the road and neighbours with a central path leading to the front door.
The very private rear garden is a real feature with a large patio, lawn, stocked beds and ornamental pond, plus a large stone/cob outbuilding and a gate to the rear parking and access.
Material Information What3Words: ///arranges.wedding.sends Freehold Mains electricity, water and drainage Oil fired central heating and hot water Wood burning stove in the living room Mid Devon District Council - Band C Parking: Private parking space to the rear and on road parking to the front Grade II Listed and in a conservation area
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
.png){kind=logo}
FAQ
About Thistle Cottage, 10, Fore Street, Crediton
Explore nearby
