1-bedroom flat · EX8 1DA
For saleListed 207 days
Opportunity summary
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About
An excellent opportunity to acquire a stylish duplex apartment in the highly desirable Exmouth Marina.
Occupying the second and third floors, this superbly presented home enjoys stunning views across the marina, with ever-changing boat activity providing a captivating outlook.
• Open-plan lounge, dining area and kitchen • Double bedroom • Bathroom • Two spacious balconies • Cloakroom • Garage • Secure entry system & Lift • No Chain location: This superb marina development is positioned at the mouth of the River Exe with the sea front and esplanade adjacent.
Exmouth is a popular coastal town surrounded by beautiful Devon countryside and yet only twelve miles by road and rail from the Cathedral City of Exeter, with its intercity railway station, airport and access onto the M5 motorway.
Exmouth boasts over three miles of golden sands and is ideal for a range of activities including boating, sailing and water skiing.
The town also has a range of shops including a Marks & Spencer food hall, variety of restaurants, schools, a modern sports centre, swimming pool and various other amenities.
Communal hall: Door with buzzer entry system. Communal hall, stairs and lift leading up to the second floor.
From here there is a private entrance door leading through to the:- entrance hall: Built-in understairs cupboard. Radiator. Coved ceiling. Stairs to the first floor.
Doors to the:- cloakroom: White suite comprising enclosed flush W.C in tiled splashback. Wash hand basin in half depth vanity unit with mixer tap, cupboards under and tiled splashback. Radiator.
Extractor fan. Coved ceiling.
Kitchen/dining room 5 '3 (7.69m) x 14'10 (4.52m) The kitchen area has black worktop surfaces with black tiled splashback, inset 1½ bowl sink with pull out mixer tap and drainer, four ring ceramic hob, built-in Hotpoint double oven, cupboards and drawers under with space for washing machine, slimline dishwasher and fridge/freezer, matching wall mounted cupboards with space for microwave.
Underlighting and corner display shelving. Stainless steel cooker hood with downlighters. Coved ceiling. Downlighters throughout. Sitting area Open plan to the kitchen, divided by a breakfast bar.
The spacious sitting area has large double glazed windows and doors with wonderful views over the marina, leading out onto the full-width balcony with a glass and stainless steel balustrade, again with great views over the marina.
Laminate flooring. Coved ceiling. Downlighters. Radiator. First floor landing Coved ceiling. Built-in storage. Downlighters.
Doors to:- bedroom 1 14' 9" (4.50m) x 11' 4" (3.45m) Large double room with large double glazed window and doors leading out onto the balcony with views over the marina. Coved ceiling. Downlighters.
Radiator. Built-in double wardrobe plus two additional double built-in wardrobes (recently fitted). Built-in airing cupboard housing a mains pressure hot water tank.
Second balcony 14'9 (4.49m) x 5'5 (1.65m) Decked balcony overlooking the marina and boating activity.
Bathroom 8' 3" (2.51m) x 7' 9" (2.36m) Generous bathroom with a white suite comprising 'P' shaped bath with built-in shower over and curved glass screen. Enclosed flush low level W.C.
Wash hand basin with mixer tap and tiled splashback, with cupboards under. White runged radiator. Extractor fan. Coved ceiling. Downlighters. Tiled floor. Feature glass block wall.
Garage: Garage in a block with power and electric roller door.
Council tax band C tenure: Leasehold - 125 years from 2002 maintenance charges: £2,291.00 per annum ground rent: £391.00 per annum directions On entering Exmouth from Exeter on the A376, proceed towards the town.
At the roundabout take the second exit by Marks & Spencer and the train station into Imperial Road. At the next round about take the second exit straight ahead onto Langerwehe Way.
Take the second left onto Shelly Road and follow this road around passing the Sailing Club on your right. Madison Wharf can be found at the end of this road on the left hand side.
WHAT3WORDS ///Crouching.nasel.smarting
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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Area
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FAQ
About 25 Madison Wharf, Shelly Road, Exmouth
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