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 · EX31 3EY
Listing removedListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Oysterwood is a charming two bedroom home, offering a cosy and practical layout for modern living.
On the ground floor, the open plan kitchen and dining area is perfect for enjoying meals together, with French doors leading out to the garden, bringing the outdoors in and making it ideal for entertaining.
The separate lounge provides a comfortable space to relax and unwind after a busy day.
A convenient cloakroom and handy understairs cupboard are also located on the ground floor, offering practical storage solutions to keep the home clutter-free.
Upstairs, the first floor is home to two double bedrooms. The main bedroom offers a peaceful retreat, while bedroom two provides ample space, making it perfect for guests or as a home office.
A modern family bathroom completes the upper floor, offering everything you need for everyday living.
With its well-designed spaces and thoughtful layout, The Oysterwood is an ideal home for first-time buyers or those looking to downsize, offering comfort and flexibility throughout.
Set in the charming North Devon village of Yelland, Otters Reach is an exciting new development by Wain Homes, delivering 80 thoughtfully designed, energy-efficient homes, nestled near the scenic River Torridge.
Otters Reach will offer a wide selection of beautifully crafted 2, 3, and 4 bedroom homes, perfectly suited for first-time buyers, growing families, and those seeking to downsize in comfort.
Combining contemporary design with practical layouts, our homes are designed for modern living, surrounded by the best of North Devon.
Located just a short distance from Barnstaple, the development enjoys excellent connectivity to local amenities, schools, and transport links.
Its proximity to the stunning beaches of Instow, Braunton, and Woolacombe, as well as the famous Tarka Trail, ensures that Otters Reach offers the perfect balance of countryside charm and coastal living.
THE DETAILS MATTER – THAT’S WHY THEY’RE ALL INCLUDED. At Wain Homes, we don’t believe in hidden extras. What you see is what you get.
Our homes at Otters Reach come with a premium all-inclusive specification, from contemporary flooring and integrated appliances to fitted wardrobes and fully finished kitchens in your choice of style – and so much more.
And yes, it’s all included in the price! Get in touch today to find out more. At Otters Reach, we are committed to building homes that embrace sustainable living.
All of our homes are designed with energy efficiency in mind, and we are proud to be the first site to incorporate Air Source Heat Pumps, which harness ambient air to generate warmth, making them both highly energy-efficient and environmentally friendly.
Additionally, every home features EV charging points , supporting the move toward a greener future.
Construction is already underway, and the first homes are expected to be available to reserve next month!.
With its enviable location in Devon, thoughtful design, and the exceptional quality you expect from a Five-Star accredited housebuilder, Otters Reach is set to become one of Yelland’s most sought-after new addresses.
Management charges - £256.35 per annum
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
FAQ
About Plot 54, The Oysterwood, Otters Reach, Yelland, Devon, EX31
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