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 bungalow · EX17 3NQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a sought-after cul-de-sac in the popular market town of Crediton, this spacious detached bungalow offers an excellent opportunity for modernisation and improvement.
The property occupies a generous plot and presents significant potential to create a wonderful home with outstanding outdoor space.
The accommodation is well proportioned and naturally bright, comprising two bedrooms, a sitting room, separate dining room, kitchen, bathroom and a conservatory enjoying views over the garden.
The layout offers flexibility and scope to reconfigure, subject to the necessary consents, to suit modern living requirements.
A particular highlight of the property is the extensive, mature garden, which provides an exceptional outdoor setting with ample space for landscaping, and entertaining.
The property also benefits from off-street parking and an integral single garage.
Offering both space and potential in a highly desirable residential location, this bungalow represents an exciting opportunity for buyers seeking a project with the promise of a superb home and garden.
DIRECTIONS: Using the What3Words App, search revise.adjusting.margin COUNCIL TAX: Band D LOCAL AUTHORITY: Mid Devon SERVICES: Mains Electric, Water and Drainage.
DRAINAGE: Mains Drainage BROADBAND: Broadband Available MOBILE SIGNAL: Reasonable Coverage HEATING: Oil fired and electric panels heaters LISTED: No TENURE: Freehold CONSERVATION AREA: No FLOOD RISK: Very Low PLEASE NOTE: This is an Executor sale and sold as seen.
Our business is supervised by HMRC for anti-money laundering purposes.
If your offer to purchase a property is accepted, you will be required to meet the necessary checks under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
This includes ID verification, anti-money laundering compliance, and source of funds checks. A fee of £25 (inc. VAT) will be charged for each verification carried out
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 Broad Close, Crediton, Devon, EX17
Explore nearby
