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 terraced house · EX6 8SU
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious two-bedroom house, offered to the market with no onward chain and situated in the sought-after village of Exminster.
Exminster is a highly desirable village on the outskirts of Exeter, offering an attractive blend of countryside charm and excellent local amenities.
The village benefits from a well-regarded primary school, gp surgery, pharmacy, convenience store and a range of other everyday facilities.
Exeter city centre is easily accessible by car, while convenient links to the M5, A38 and nearby railway stations at Exeter St Thomas and Exeter St David's make it ideal for commuters.
The well-presented accommodation comprises an entrance porch, a generous living room, and an open-plan kitchen/dining room with direct access to the rear garden.
Upstairs, there are two well-proportioned bedrooms and a contemporary bathroom.
Outside, the property enjoys a delightful enclosed rear garden that offers a good degree of privacy and direct access to the driveway.
Designed for ease of maintenance, the garden is predominantly laid to decorative stone chippings and includes a useful garden shed.
To the side of the property is a private driveway providing off-road parking for two vehicles. Early internal viewing is highly recommended. Material Information Construction notes: Brick.
Utilities: Mains gas, electricity, water, and drainage.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.
Viewing Arrangements Strictly by appointment with Naomi J Ryan Estate Agents. Referral Fee Disclosure We recommend sellers and/or potential buyers use the services of The Mortgage Quarter.
Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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)
FAQ
About 28, Penny Close, Exeter
Explore nearby