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See how verdicts work2-bedroom flat · EX9 6JU
For saleReduced £20k (−6.3%) on 21 JunListed 569 days
Opportunity summary
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About
An extremely well presented, modernised first floor apartment with sea view.
Conveniently situated close to the town centre and seafront with the communal gardens having direct private access onto the coastal footpath.
This apartment benefits from having a south facing balcony with wonderful view over the garden to the sea and is offered with no onward chain.
Communal Entrance Providing access to the communal hall with stairs rising to first floor landing where you will find the private entrance door to flat 4.
Private Entrance Hall Welcoming hallway with feature internal glazed window with display shelf below, radiator with thermostat control and telephone point. There are two good size storage cupboards.
One is a cloaks cupboard offering hanging rail with storage shelves above and the other is a large walk-in storage/airing cupboard which houses the hot water cylinder with slatted shelves above and benefits from having power points and a light.
Open Plan Living/Dining Room A lovely bright and airy living space which benefits from having almost full-width double glazed window with sliding patio doors offering access out onto the south-facing balcony and a very pleasant outlook over the communal gardens and the sea.
There are two television points, a radiator with thermostat control, two ceiling lights and a coved ceiling.
A wide arched opening leads through to the dining area which offers a radiator with thermostat control, television point, ceiling light, coved ceiling and a glazed door with glazed side panel leading to the Kitchen.
Kitchen A bright and modern kitchen fitted with a good range of matching base and eye level units with oak effect work surfaces and tiled splashbacks.
Inset one and a half bowl sink unit with mixer tap, inset Neff electric halogen hob with built-in extractor hood with filter and light above.
Built-in Neff electric oven with grill and matching built-in Neff microwave oven above.
Space for upright fridge/freezer, space and plumbing for washing machine, wall mounted gas fired boiler serving central heating and domestic hot water which benefits from being connected to a Hive system and is concealed behind a wall unit.
Wall mounted extractor fan, large double-glazed window offering a very pleasant outlook over the communal garden and the sea beyond.
Bedroom One A spacious bedroom offering a good range of matching quality built-in bedroom furniture comprising, three double wardrobes, one single wardrobe, a dressing table with drawers and a range of wall mounted storage cupboards.
There is also a radiator with thermostat control and a double-glazed window offering a pleasant outlook over Budleigh.
Bedroom Two Another good size double bedroom which also benefits from having a good range of matching built-in quality bedroom furniture comprising, one triple wardrobe, one double wardrobe, two single wardrobes, wall mounted storage cupboards and two built-in shelving/display units.
There is also a radiator with thermostat control and a double-glazed window offering a pleasant outlook over Budleigh.
Shower Room A modern suite comprising, spacious walk-in shower enclosure with wall mounted mixer shower unit and glass shower screen.
Built-in vanity storage unit with inset wash hand basin and WC, tiled walls, large wall mounted mirror with spotlights above, shaver point, chrome ladder style towel radiator, extractor fan and wood effect flooring.
Cloakroom/WC A modern white suite comprising, corner vanity storage unit with inset wash hand basin and WC with concealed cistern, part tiled walls, wall mounted mirror fronted storage cabinet, radiator with thermostat control a and extractor fan.
Balcony The balcony faces in a southerly direction and offers a wonderful place to sit out whilst enjoying the very pleasant outlook over the well maintained communal garden with the sea beyond.
Outside The residents of Redcliff Court can enjoy the well maintained communal grounds which benefit from having a private pedestrian gate leading directly onto the coastal pathway.
Flat 4 has an allocated parking space and visitors parking is also available.
Material Information Tenure: Shared Freehold- Lease 999 yrs from April 1983 Maintenance/Service Charge- £200 per month Restrictions:- or Holiday Lets Council Tax: Band E with East Devon District Council.
Mains: Gas, Electricity, Water & Drainage. Heating: Gas Central Heating. Mobile: O2, EE, Three & Vodafone - Likely. Broadband: Standard & Superfast Available.
Flood Risk: Very low risk means that this area has a chance of flooding of less than 0.1% each year. Coastal Erosion Check: Parking Availability: One allocated parking space.
Property Accessibility: Steps to enter the property. Planning Proposals affecting the building: None. Construction: Brick. Directions What3words: ///stags.invents.brimmed
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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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 Flat 4, Redcliff Court,, Cliff Road, Devon
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