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See how verdicts work2-bedroom flat · EX8 2AG
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Communal entrance and hallway.
The apartment is found on the ground floor via private front door to: Entrance hall: sitting/dining room: A spacious and elegant room with secondary glazed sash bay window overlooking the front aspect with pleasant outlook towards the estuary, fitted window seat with storage space beneath, stone fireplace and hearth with chimney recess, picture rail, cornice ceiling, two radiators, telephone point, dresser style unit in wall recess.
Kitchen: Well appointed with solid wood working surfaces, tiled surrounds, cupboards and drawer units, integrated fridge, freezer and washing machine beneath worktops.
Inset ceramic sink unit with hose style mixer tap, four ring gas hob with stainless steel chimney style extractor hood over, built-in oven and microwave, double glazed window to rear aspect, radiator, ceiling spotlighting, doorway opening to: Inner hallway: Wall mounted gas boiler for hot water and central heating, space for tumble dryer, floor to ceiling storage cupboard, radiator.0 bedroom 1: Double glazed window to rear aspect enjoying a pleasant outlook, radiator, built-in wardrobes and ceiling spotlighting.
Bedroom 2 Double glazed window to rear aspect enjoying an outlook towards Holy Trinity Church with fitted storage cupboards beneath, radiator, built-in wardrobe.
Bathroom/WC: A stylish suite with bath with fixed rainfall shower head hose and detachable shower head hose, contemporary style wash hand basin with fitted mirror over with display light, WC with concealed cistern, antique style radiator with fitted heated towel rail.
Cloakroom/WC: Fitted with vanity style and space saver sink unit, wash hand basin with splashback, WC with push button flush and concealed cistern.
Outside: To the rear of the property there is a secure parking space accessed via up and over door.
Tenure: We understand that the property is held on a 999 year lease from 2006 and benefits from a quarter share of the freehold. Maintenance Charges: £120 per calendar month.
The building is self-managed by the four apartment owners in the building.
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
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FAQ
About 7,Flat 1, The Beacon, Exmouth
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