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 · EX17 3AE
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A first-floor flat set on the High Street in Crediton, with shops, cafés and public transport all close by.
The property is accessed via a shared entrance hall with just one other flat.
Inside, the kitchen and dining room is a spacious, practical area, fitted with white units and offering space for appliances as well as a table.
From here, there are views over a courtyard garden to the rear. The lounge sits just off the kitchen, creating a straightforward and connected layout.
The bedroom is a generous double, positioned at the front of the property and looking out onto the High Street through a sash window.
The bathroom is accessed from the living space and is fitted with a white suite, including a shower.
The flat benefits from gas central heating and offers a simple, well-located home in the centre of town. Leasehold information – Share of the freehold (1/4 share with 3 other properties).
£30 Service charge per month, no ground rent. 991 years remaining on the lease. Please see the floorplan for room sizes.
Current Council Tax: Band A - Mid Devon 2025/26 - £1,828.71 Utilities: Mains electric, gas, water, telephone & broadband Broadband within this postcode: Ultrafast 1800Mbps Drainage: Mains drainage Heating: Mains gas central heating Listed: Yes Grade II Conservation Area: Yes Tenure: Leasehold Buyers' Compliance Fee Notice: Please note that a compliance check fee of £25 (inc.
VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential id verification and anti-money laundering checks, as required by law.
Boundaries, Access & Parking: Boundary positions, access rights and parking arrangements have been provided by the seller, and any land plans shown are for identification purposes only.
We have not seen the title deeds or other legal documents, and buyers should confirm exact details and ownership responsibilities with their conveyancer.
Virtual Staging: Some images in this brochure may have been digitally enhanced or virtually staged, for example by adding lighting effects, twilight ambience, furniture or décor, to help illustrate how the property could look.
These images are only illustrative and do not show the current fixtures, fittings or condition. Always rely on your viewing for an accurate understanding of the property.
Leasehold: We’re informed by the seller that the property is leasehold. Buyers should confirm the remaining term, ground rent, service charge and any review or management fees with their conveyancer.
Buyers should also confirm any restrictions on alterations, subletting or use with their conveyancer.
Rights of Way: We’re informed by the seller that the property benefits from a right of way through the courtyard to the communal door.
Buyers are advised to confirm details and legal status with their conveyancer. Crediton is a vibrant market town with a bustling high street full of independent shops, eateries, and pubs.
In recent years arts scene has grown to include all manner of mediums, with the performing arts making use of the town’s market square where, in the summer months, a range of activities take place.
The market square is also home to the town’s twice-monthly farmer’s market. The town has an equally significant past.
It was originally the first Bishopric in Devon and the imposing Parish Church of The Holy Cross now stands where once stood Devon’s first Saxon cathedral (909-1050AD).
It is also the birthplace of Saint Boniface, one of the founding fathers of the Christian Church in Europe.
Easily commutable to Exeter and with two primary schools, a secondary school with sixth form as well as wide range of necessary amenities, it’s clear why the town is a firm favourite with the locals and relocators alike.
Directions From the Western end of Crediton High Street take the pathway to the left of Mimosa and enter through the gate along to the right and into the courtyard, bear right and a member of Helmores staff will mee you at the entrance.
For Sat Nav: EX17 3AE What3Words: ///scored.continues.units EPC Rating: D
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 3a High Street, Crediton
Explore nearby