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 bungalow · EX17 2DZ
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional individually designed three bedroom home situated in one of Crediton’s most sought after areas.
The property boasts underfloor heating, double glazing with two double patio doors from the living dining room opening out onto the South facing balcony, private rear garden and plenty of parking to the front of the large double garage.
Location Crediton is an historic market town with a population of about 7,000 situated about seven miles to the northwest of Exeter.
The town has a good shopping centre with a diverse range of shops running the length of the wide main street. Morrisons, Lidl and Tesco superstore are also in the town.
There is excellent schooling for both primary and secondary, an eighteen-hole golf course as well as a leisure centre with swimming pool.
Crediton train station is about three quarters of a mile from the town centre, on the well-known Tarka Line, which provides good service links to Exeter and countrywide.
Description The front door opens to the entrance hall with stairs to the first floor and a door to the utility/storage room.
The living/dining room enjoys a bright and sunny aspect with two double patio doors opening onto the balcony which overlooks the rear garden.
The living/dining room opens to the modern kitchen with base and wall units with built in appliances.
The hallway also gives access to the inner hall with two double bedrooms serviced by a modern shower room.
The first floor includes the master Bedroom with Velux windows to the front with access to the eaves storage and the first floor bathroom with a roll top bath and white suite.
Outside the property boasts a double garage to the front with light and power. Steps lead down to the property with a (restricted height) workshop/shed under the rear of the garage.
Paths lead to each side of the property to the private rear garden with a raised pond, lawn, flower borders and further storage under the balcony.
Directions And Material Information What3Words: ///predict.exits.conveying Mains electricity, water and drainage Electric underfloor heating and hot water Solar photovoltaics on the roof of the property Mid Devon District Council - Band D Freehold Parking: Large double driveway and a double garage
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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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
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FAQ
About Belfast,, Alexandra Road, Devon
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