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 terraced house · EX39 2DE
Sold STCReduced £7.5k (−5.2%) on 26 OctListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of town, this two-bedroom cottage combines charm with convenience.
The open-plan living space includes a functional kitchen area, while a covered rear courtyard provides a useful spot for a washing machine and area to utilise as a boot room.
Upstairs are two bedrooms and a modern shower room, with the front bedroom featuring a bay window, enjoying views across the town towards the river, the Long Bridge and Instow in the distance.
The property is just a short walk from town centre amenities, Victoria Park and riverside walks. Kenwith Valley Nature Reserve, popular with walkers and dog owners, is also close by.
A regular bus service connects to the nearby coastal villages of Appledore, Westward Ho! & Northam making this a convenient and well-placed home.
Residents permit parking is located along Higher & Lower Gunstone whilst further parking options are available across the various town centre long stay car parks.
Services: Mains electricity, water & drainage Energy Performance Certificate: TBC Council Tax: BAND A (£1,683.35 per annum) what3words /// grips.descended.speakers Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
Area
Agent & docs
FAQ
About Lower Gunstone, Bideford
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