2-bedroom flat · EX8 1BB
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain - seafront!
Situated in a sought-after central location, just a short distance from Exmouth's seafront, beach, and town centre amenities, this charming ground floor apartment benefits from a private front garden, sea glimpses, and useful cellar storage.
Entering through the well-maintained communal entrance, the home is conveniently positioned immediately to your right.
Upon entering the apartment, you are welcomed into a bright and spacious open-plan kitchen/living room.
This attractive living space boasts high ceilings, enhancing the sense of light and space, while the bay-fronted windows overlook the private front garden and enjoy glimpses of the sea beyond.
The modern fitted kitchen is well appointed with an integrated oven and extractor hood, providing a practical and stylish area for everyday living.
The open-plan design creates a sociable space, perfect for both relaxing and entertaining. Leading back through the hallway, the first double bedroom is located to the right.
This generously proportioned room benefits from built-in storage, high ceilings, and direct access to the Jack and Jill bathroom.
Further along the hallway is the second double bedroom, which also enjoys access to the Jack and Jill bathroom, making the layout particularly practical for guests, family members, or those seeking flexible accommodation.
The bathroom is a bright and airy space, comprising a bath with shower over, WC, and wash hand basin. A window provides natural light and ventilation.
A significant advantage of the property is the refurbished cellar, which has been improved to ensure it remains dry and secure.
Offering excellent storage space, it provides a practical solution rarely found in similar apartments.
Combining character features, spacious accommodation, sea glimpses, private outdoor space, and a highly convenient location close to Exmouth beach and town centre, the property presents an excellent opportunity for first-time buyers, downsizers, investors, or those seeking a coastal retreat.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 Flat 2, 2, Alexandra Terrace, Devon
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