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 house · EX14 1HF
Listing removedReduced £15k (−3.3%) on 21 JunListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Charming grade II listed four/five-bedroom town house, situated in the heart of Honiton Believed to date back to the late Georgian, early Victorian era.
This property has been extensively renovated to an exceptional standard by the current owners.
The property is well presented throughout with characteristic features such as fireplaces, high ceilings and large timber sash windows.
The accommodation is light and spacious with generous and well-proportioned living space.
On the ground floor is the beautiful living room with ornate working fireplace and sash windows overlooking the garden.
The well-presented kitchen/ breakfast room is fantastic room with range cooker, traditional period dresser and a useful utility room.
There is a recently built shower room with natural stone tiling and a modern, light study which would also work well as a ground floor bedroom.
On the first floor is the unusually large master bedroom with period fireplace, with a further double bedroom and the recently updated family bathroom, with under stairs cupboard, as well as a large landing/study area, stairs leading up to the second floor where there are a further two double bedrooms.
This charming property is located in the heart of Honiton conservation area within walking distance of the centre of this historic market town renowned as an antique centre, as well as for its weekly street market.
The town has a comprehensive range of independent shops and cafes, as well as two primary schools and secondary schools.
The town is served by a main line rail station with hourly service to London Waterloo as well as fantastic access to the A30.
Exeter, to the west, offers excellent shopping facilities, main line rail link to London Paddington, airport and M5 access.
The Jurassic coast at Beer and Branscombe is an easy drive away, as are the popular coastal towns of Sidmouth and Lyme Regis along this wonderful stretch of coastline, designated a world heritage site The gardens lay mainly to the front, which enjoy a southerly aspect, exposed stone walling, gated access and pathway leading to the front porch.
Area of paved patio, lawn, flower and shrub borders. Parking – easement across from house.
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 3, Summerland, Devon
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