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 work5-bedroom house · EX4 4HF
Listing removedReduced £45k (−9.1%) on 24 MarListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming soon to auction. Please call to book a viewing through Wilkinson Grant & Co who are the viewing agents for this property.
A large and imposing four-storey, five-bedroom, mid-terrace, property that now requires modernisation throughout.
The property, which is loosely arranged as three self-contained flats, enjoys front and rear gardens and is located in a well-thought of location convenient for the centre of this stunning Cathedral City.
Stunning large mid-terrace property for modernisation A large and imposing four-storey, five-bedroom, mid-terrace, property that now requires modernisation throughout.
The property, which is loosely arranged as three self-contained flats, enjoys front and rear gardens and is located in a well-thought of location convenient for the centre of this stunning Cathedral City.
Interested applicants will of course look to restore this period house to former glories however the property could offer potential for a variety of other residential conversion opportunities, subject to all the necessary consents being obtainable.
Accommodation Ground floor: Reception hallway, sitting room, dining room, kitchen/ breakfast room, pantry. First floor: Half landing, bathroom/WC, main landing leading to two bedrooms.
Second floor: Landing, kitchen, two bedrooms, bathroom/WC. Outside Front garden with principal enclosed courtyard garden to the rear. Tenure Freehold with vacant possession. EPC Rating: D.
What3Words ///stump.slime.popped Broadband & Mobile Coverage Broadband: Ultrafast available Mobile: Good outdoor. Good indoor.
Source: Viewings Please call to book a viewing through Wilkinson Grant & Co who are the viewing agents for this property.
Important Information All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
Auction Legal Pack & Finance Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 23 New North Road, Exeter
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