2-bedroom flat · EX8 2SX
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a sought-after residential street in the heart of the town centre, this charming ground floor period flat enjoys easy access to local amenities, including the Magnolia Centre shops, train and bus stations, and is just a short stroll from the seafront.
Offered with no onward chain, the property features a bright and airy open-plan kitchen and living area.
The country-style fitted kitchen includes a distinctive sink, four-ring hob, and electric oven, while the living space is enhanced by an attractive feature fireplace.
A rear door provides direct access to a private courtyard garden. The bathroom is fully tiled and fitted with a bath, wash basin, and WC.
The main bedroom, positioned at the front of the property, showcases a characterful chimney breast with exposed original brickwork. A second, single bedroom overlooks the courtyard.
Forming part of a former dairy, this unique home is rich in character and history. Early viewing is highly recommended. A damp and mould survey has been carried out with recommended work quoted.
EPC rating: C. Tenure: Freehold,
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 South Street, Exmouth, EX8
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