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 work1-bedroom flat · EX8 5PG
Listing removedReduced £5k (−2.8%) on 21 JunListed 514 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Double glazed front door to: Entrance porch: Electric consumer unit, inner door to: Lounge/dining room: 5.28m x 3.61m (17'4" x 11'10") narrowing to 1.75m) (5’9") A bright living area with double glazed window to front aspect, TV point and radiator.
Kitchen: 4.01m x 1.73m (13'2" x 5'8") A well equipped modern kitchen comprising of a range of worktops with cupboards and drawer units, tiled splashbacks, plumbing for automatic washing machine beneath, inset single drainer sink unit, gas and electric points, wall mounted cupboards, space for upright fridge/freezer, radiator, double glazed window and door giving access to the flats own garden.
From the lounge area door to: Inner hallway: Understairs cupboard, radiator.
Bedroom: 3.66m x 2.87m (12'0" x 9'5") Radiator, wall mounted modern Vaillant gas boiler for hot water and central heating, built-in double wardrobe with sliding doors with adjoining linen cupboard, double glazed to rear aspect.
Bathroom/WC: 1.88m x 1.52m (6'2" x 5'0") Comprising bath with shower over, shower splash screen, vanity wash hand basin, WC, heated towel rail, extractor fan, tiling to splash prone areas.
Outside: To the front of the property is an attractive stone garden area with pathway leading to the property with bin store.
The rear of the property enjoys its own tiered rear garden, patio and decorative stone areas with flower and shrub beds.
The garden is fully enclosed with outside water tap .The property also benefits from an allocated parking space.
Tenure & outgoings: The property is held on a 999 year lease with a Peppercorn Ground Rent. There are no Service Charges.
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 34, Priddis Close, Exmouth
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