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 bungalow · EX1 3TA
Listing removedListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached two bedroom bungalow, occupying a generous, level plot and highly convenient position within walking distance of Pinhoe Village.
Offered to the market for sale with no onward chain, the property offers convenient access to a range of local amenities including, a Spar Shop with Post Office, a regular bus service and Pinhoe Train Station.
The major road network surrounding the city is also within easy reach.
The accommodation requires some refurbishment and includes an entrance hall, a dual aspect living room/diner, a kitchen, a shower room, and two bedrooms.
Externally, the property boasts well-maintained front and rear gardens. The rear garden is primarily laid to lawn and patio, creating a pleasant outdoor space that offers a good level of privacy.
Additional features include a summer house, a greenhouse, and access to the garage via a courtesy door.
The garage and workshop are a particular feature of this property, being generous in size and equipped with power, lighting, and an electric roller door that can be operated remotely.
To the front of the property are two driveways, positioned either side of the garden and providing ample off road parking.
Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing to fully appreciate all it has to offer.
Material Information - Construction notes: Brick Heating: Electric Fischer Radiators Utilities: Connected to mains Electric, Water & 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.
360 Virtual Tour - A 360 degree Virtual Tour is available to view on our web site. 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
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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 Parkers Cross Lane, Exeter
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