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 terraced house · EX17 2BJ
Listing removedReduced £5k (−2.2%) on 27 JunListed 482 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and contemporary Mews style house located just off the Market square with a modern, well fitted kitchen including fridge/freezer, dishwasher, electric oven and hob, plus a light and spacious sitting room with a gallery overlooking the ground floor.
Full central heating and garage. Entrance Door Opens Into... Hallway Telephone point, smoke alarm, thermostat for central heating, door leading off to...
Downstairs WC Low level WC, pedestal wash hand basin with mixer tap, wall tiling, radiator, extractor fan. At The End Of The Entrance Hall, Door Leads To...
Dining Room Solid wood flooring, stairs rising to first floor with understairs cupboard beneath, door leads through to...
Kitchen Range of modern wall and base units with worktop over, integrated dishwasher, fridge/freezer, electric oven, hob and stainless steel extractor, inset stainless steel sink with drainer, wall tiling, radiator, part glass bricks through to the dining room, central heating controls, solid wood flooring.
First Floor Open Plan Sitting Room With Study Area Two radiators, feature electric wall mounted fire, telephone point, smoke alarm, access to loft storage with steps leading down to the study area with wooden glazed window to the front.
Off the main living area doors lead through to... Bedroom One Built in double wardrobe, radiator, telephone point and TV point.
Bedroom Two Wooden glazed window, TV aerial point, radiator, built in wardrobe and shelving.
(Please note there was an interconnecting door through to bedroom one and bedroom two that has been boarded up, but could be reinstated if necessary).
Bathroom Panelled bath with chrome mixer tap and chrome thermostatic shower, glass shower screen, extractor fan, part tiled, two storage cupboards, low level WC, pedestal wash hand basin with mixer tap and heated electric towel rail.
Garage Up and over door, light and power, outside tap. Outside Access to a communal bin store. Agents Note Please note there is no garden with the property.
Material Information What3Words: ///deluded.harshest.puddings Mains electricity, water and drainage Electric central heating and hot water Mid Devon District Council - Band B Freehold Parking: 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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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, Granary Mews, Crediton
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