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 house · EX10 8DD
Sold STCReduced £10k (−3.4%) on 25 AugListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented and fragrantly charming cottage in the heart of the town centre, just a short stroll from the seafront.
An ideal investment opportunity, second home, or perfect for everyday living.
Description A beautifully presented cottage set in the heart of Sidmouth town centre, arranged over three floors and finished to a high standard throughout.
The ground floor offers a stylish open-plan living/kitchen area, thoughtfully designed to maximise space and light, creating a welcoming and sociable environment.
On the first floor is a generous double bedroom along with a modern family bathroom. The top floor hosts a further spacious double bedroom, providing flexible accommodation for guests or family.
Outside, the property benefits from a charming courtyard area, ideal for relaxing or al fresco dining.
Available fully furnished by negotiation, this delightful cottage represents an ideal investment or second home opportunity.
There are also a number of holiday lets booked throughout the year which can be transferred to a new owner, offering immediate income potential.
Location The cottage is located a few minutes walk to the sea front and within easy reach of all facilities Sidmouth has to offer including a fine selection of shops, restaurants, leisure faculties, Connaught gardens, Jacobs Ladder and beaches.
The cathedral city of Exeter with its International airport, M5 motorway junction and main line rail links, is approximately 16 Miles to the west.
Directions Material Information Tenure: Freehold Construction: Brick built Mains services connected: Electric, gas, water and drainage Council Tax Band Excempt (Business rated) with East Devon District Parking: No Parking (nearby by car parks possibe annual permit)
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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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 Seagull Cottage, 4, Russell Street, Devon
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