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 · EX20 1BB
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious property offers excellent potential for improvement and modernisation.
Situated in a popular location in the centre of Okehampton and within walking distance of all amenities that the town has to offer.
On the first floor there are two reception rooms, a kitchen and utility area and outside WC. On the first floor there are two bedrooms and a generous bathroom.
The property does benefit from gas central heating and partial uPVC double glazing.
The highlight of this home is its impressive garden, which offers a well-maintained lawn, mature trees and shrubs, and a secure fenced boundary for privacy and peace of mind.
A garden shed adds further functionality, providing plenty of storage for tools or outdoor equipment.
This generous outdoor space is perfect for family gatherings, relaxation, or gardening enthusiasts seeking their own retreat.
Additional built-in storage throughout the home ensures clutter-free living, while period features and natural materials add a sense of warmth and character.
EPC Rating: D Utility Room 2.0m x 2.8m Kitchen 2.8m x 3.0m Dining Room 3.5m x 3.9m Living Room 3.71m x 4.71m Bathroom 2.4m x 3.0m Bedroom 1 3.5m x 4.9m Bedroom 2 3.0m x 3.5m Garden To the rear of the property there is a level garden.
A right of way runs across the concrete path, providing rear access for both this and neighbouring properties.
Disclaimer These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.
We have not tested any services or appliances (including central heating if fitted) referred to in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition.
If a property is unoccupied at any time there may be reconnection charges for any switched off/disconnected or drained services or appliances - All measurements are approximate.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Northfield Road, Okehampton, EX20
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