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 1FF
Listing removedListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a lovely 3-bedroomed semi-detached house situated in a very convenient location on the City outskirts.
The property was built in 2018 by Cavanna Homes and forms part of this exclusive development.
The property is in immaculate condition throughout and has the advantage of a private driveway with parking for at least 2 cars as well as single garage. No chain.
Material Information: What3words: ///bright.downs.wants Tenure: Freehold There is an annual estate service charge payable to Greenbelt management company of around £147 per annum Council Tax Band: D - East Devon District Council Utilities: All Mains Services Parking: Private Driveway leading to Garage The property has a Ring doorbell and CCTV camera
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 2, Dixon Drive, Exeter
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