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 work4-bedroom bungalow · EX14 2HU
Listing removedListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional four bedroom dormer bungalow, impeccably refurbished and intelligently extended, enjoying a prime setting within the prestigious Pine Park area of Honiton.
The property is entered via a welcoming reception hall with impressive ceiling height and abundant natural light, creating an immediate sense of space and quality.
Large-format tiled flooring with underfloor heating flows into the stunning open-plan kitchen, dining and living area.
This exceptional space centres on a substantial island with breakfast bar and induction hob, complemented by integrated appliances and bespoke storage.
A roof lantern and bi-fold doors to the raised sun terrace flood the room with light, seamlessly connecting indoor and outdoor living-ideal for both entertaining and everyday life.
The adjoining utility room offers additional storage with a continuation of the sleek finish.
The separate sitting room provides a more intimate retreat, featuring a wood-panelled feature wall, plush carpeting and carefully designed lighting for a calm, sophisticated feel.
The ground floor also includes a generous double bedroom overlooking the rear garden, along with a versatile additional room suitable as a bedroom, home office or reception space, with access to the integral garage store.
A stylish family bathroom with highquality fittings completes the accommodation.
First Floor A staircase with sleek glass balustrading rises to a bright first-floor landing, naturally illuminated by an overhead skylight and continuing the home’s refined contemporary aesthetic.
The first floor offers three further generously sized double bedrooms, each attractively presented, while the principal bedroom is enhanced by feature lighting and fitted storage, creating a restful and stylish retreat.
A sleek family shower room serves the first floor, appointed with a contemporary walk-in enclosure and finished with a clean, modern aesthetic.
Pine Grove is a highly sought-after address on the edge of Honiton, offering a peaceful, established setting with excellent access to local amenities.
The town provides a good range of independent shops, cafés, supermarkets, leisure facilities and well-regarded schools.
It also benefits from strong transport links, including a mainline station with direct services to Exeter and London Waterloo, plus easy access to the A30, A303 and M5.
Surrounded by East Devon countryside and close to the Jurassic Coast, the location perfectly balances convenience, lifestyle and natural beauty.
The exterior is equally appealing, featuring beautifully landscaped grounds with a generous wraparound sun terrace-ideal for outdoor dining, entertaining, and enjoying far-reaching countryside views.
A level lawn provides excellent space for recreation and relaxation. A private driveway offers parking for two vehicles, along with a gated hardstanding area for additional secure off-road parking.
Designed with efficiency in mind, the property boasts an impressive EPC rating of B, complemented by solar panels, underfloor heating, and other energy-saving features for enhanced comfort and sustainability.
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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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 54 Pine Grove, 54, Pine Grove, Devon
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