3-bedroom detached house · EX9 6NG
Listing removedListed 384 days
Opportunity summary
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About
'Forelands' is a well-presented, detached house with a unique position enjoying panoramic coastal views over the beach of Budleigh Salterton and across Lyme Bay.
The property benefits from direct acces onto the coastal path and beach.
The main accommodation comprises 3 bedrooms (1 ground floor), 2 reception rooms, kitchen, sun balcony, bathroom, utility room and separate w/c.Outside there is a good sized rear garden which is on the level and has a southerly orientation and provides direct access to the coastal path.
Gas fired central heating and double glazing are installed throughout and all main services are connected.
There is allocated parking for one vehicle and 3 garages to the rear, with vehicular and pedestrian access through a passageway off Fore Street.
There is a pedestrian right of access existing over the rear yard in favour of the adjoining property.
Rental: The property was let on an Assured Shorthold Tenancy at an annual rent of £26,000 per annum.
Planning: Planning permission was granted (application number 23/1019/FUL) on 1st September 2023 for the demolition of the existing house and the construction of a new build 3 storey principal residence.
Further information and full plans are available from the agents. Budleigh Salterton lies within an Area of Outstanding Natural Beauty at the western most point of the East Devon Heritage Coast.
The property is situated within a conservation area and identified in the East Devon Local Plan as forming part of the town centre shopping area.
Agents Notes • The property is offered for sale freehold, by private treaty. • All mains gas, drainage, water and electric are connected to the property. • Council Tax Band G.
Local Authority- East Devon District Council. • All measurements, distances and areas listed are approximate. Fixtures, fittings and other items are NOT included unless specified in these details.
• Please note that any services, heating systems, or appliances have not been tested and no warranty can be given as to their working order.
References to the tenure of a property are based on information supplied by the seller.
• We have not had sight of the title documents and a buyer is advised to obtain verification from their solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars, but may be available by separate negotiation.
• We advise you to book an appointment to view before embarking on any journey to see a property, and check its availability.
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.
Area
Agent & docs
FAQ
About Fore Street, BUDLEIGH SALTERTON, EX9
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