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 work3-bedroom bungalow · EX4 2DR
Listing removedListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful Detached Bungalow | Large Corner Plot | Three Bedrooms | Garage & Driveway | Solar Panels I No Onward Chain Full description Beautiful Detached Bungalow | Large Corner Plot | Three Bedrooms | Garage & Driveway | No Onward Chain Occupying an impressive corner plot just moments from the picturesque River Exe, this beautifully presented three-bedroom detached bungalow offers spacious, versatile accommodation, wonderful wraparound gardens and excellent off-road parking.
With attractive kerb appeal, a detached garage and a peaceful setting close to stunning riverside walks, this is a home that will appeal to a wide range of buyers.
This property benefits from owned solar panels, which generate electricity for the home while also providing an additional income through the Smart Export Guarantee (seg) by exporting surplus energy back to the grid.
As the panels are owned outright and included with the property, the new owners can enjoy both reduced energy costs and the potential for ongoing export income.
Approaching the property, you are immediately welcomed by the generous driveway providing parking for up to two vehicles and the attractive frontage.
A spacious enclosed porch offers the perfect place to store coats and shoes, while also providing a pleasant seating area before entering the home.
The welcoming central hallway provides access to all principal rooms.
At the heart of the property is the recently installed bespoke System 6 kitchen, thoughtfully designed to maximise every inch of space while creating a stylish and highly practical environment.
Finished to an exceptional standard, the kitchen offers an abundance of storage alongside a full range of integrated Neff appliances, including an oven, induction hob, microwave, dishwasher, washing machine, fridge and freezer.
A charming window seat completes the space, making it a lovely place to enjoy a morning coffee.
Leading directly from the kitchen is the impressive living and dining room, stretching the full length of the property.
With triple-aspect windows allowing natural light to flood in throughout the day, this spacious room provides an ideal setting for both everyday living and entertaining family and friends.
On the opposite side of the kitchen is a delightful glazed conservatory, offering a peaceful retreat to relax with a cup of tea while overlooking the beautiful gardens.
French doors provide direct access outside, seamlessly connecting the indoor and outdoor spaces. The bungalow offers three well-proportioned bedrooms.
Two generous double bedrooms both benefit from built-in storage, while the third bedroom is a larger-than-average single room with a large window, making it ideal as a guest bedroom, nursery or home office.
The shower room comprises a walk-in shower, wash hand basin and WC, with the added convenience of a separate cloakroom next door. Externally, the wraparound gardens are a real feature of the property.
A sunny patio provides the perfect space for al fresco dining and entertaining, while the well-maintained lawn offers plenty of room to enjoy the outdoors.
Tucked around the side of the property is a charming potting shed surrounded by mature shrubs, established planting and colourful borders, creating a wonderful haven for keen gardeners.
Situated just minutes from the River Exe and its beautiful walking routes, yet within easy reach of local amenities and transport links, this fantastic detached bungalow combines peaceful living with everyday convenience.
Offered to the market with no onward chain, this is a rare opportunity to secure a wonderful home in an enviable location. Early viewing is highly recommended.
Material info # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: D EPC rating: Survey Instructed ## The building Detached bungalow, standard construction Accessibility adaptations: Lateral living ## Services Mains electricity Solar panels installed Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three good, EE good Parking: Garage and Driveway Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN13767): - There are restrictive covenants (legal 'do not' rules) mentioned in a 1968 Transfer.
These are permanent rules that limit what the owner can do with the property.
- The property is subject to 'exceptions and reservations' from the 1968 Transfer, which means certain rights over the land were kept by a previous owner.
- The owner has made a legal promise to follow the rules set out in previous documents and to protect the seller from any costs if those rules are broken.
No environmental risks recorded All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 1, Rowan Way, Exeter
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