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 work4-bedroom house · EX7 9JZ
Sold STCListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious town centre cottage situated in a tucked away position with a good degree of privacy.
The property benefits from uPVC double glazing, gas central heating, two staircases and a paved courtyard garden with a southerly aspect. FREEHOLD, COUNCIL TAX BAND - C, EPC - D.
UPVC DOUBLE GLAZED DOOR TO...
LOUNGE: UPVC double glazed sash window to the front, radiator, coved ceiling, engineered wood flooring, door with stairs leading to the first floor and door to: KITCHEN/DINING ROOM: Individually designed base and eye level units with roll top work surfaces, stainless steel sink with drainer and mixer tap, mini AGA, integrated fridge, tiled splash backs, part tiled floor, radiator, uPVC double glazed sash style window to the front, second staircase leading to the first floor and doors leading to: WC: Suite comprising WC, wash hand basin with vanity unit below, radiator, obscure uPVC double glazed window to the side, part tiled walls and cupboard housing the gas central heating boiler.
ENTRANCE/SUN LOUNGE: uPVC double glazed windows and double doors opening onto the garden.
Arch to: UTILITY ROOM: Work top surfaces with eye level units above, plumbing for a washing machine, dishwasher and storage space.
FIRST FLOOR LANDING: The property has 2 areas of landing space due to the 2 staircases with doors leading to: BEDROOM 1: uPVC double glazed sash style window to the front, radiator and recessed wardrobe.
interlinking door to: BEDROOM 2: uPVC double glazed sash style window to the front, radiator, staircase leading to bedroom 4 and interlinking door to bedroom 1. BEDROOM 3: Radiator and Velux window.
FAMILY BATHROOM: 2.51m x 1.88m (8'3" x 6'2") , Suite comprising panelled bath, pedestal wash hand basin, low level WC, heated towel rail, part tiled walls and Velux window.
BEDROOM 4/FAMILY ROOM: A fantastic multi-purpose room with 2 radiators, eaves storage and 3 uPVC double glazed windows to the front with open views over Dawlish.
OUTSIDE: The property has a paved courtyard garden with established plants and shrubs, feature pond and a good degree of privacy. A real feature of the property and garden is the southerly aspect.
AGENTS NOTE: The current owners of the property rent a GARAGE circa 10 minutes’ walk away from the property.
It is understood that the owner of the garage will consider continuing this arrangement to continue subject to separate terms being agreed with them.
We are advised the loft conversion was completed in 1991. Please note that no completion certificate is avaliable as they were not issued until 1992.
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.
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FAQ
About Albert Cottages, Dawlish, EX7
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