3-bedroom flat · EX8 1DW
Listing removedReduced £20k (−7.4%) on 21 JunListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A refurbished, well presented and spacious 3 bedroom first floor flat.
Conveniently located between the town centre and Exmouth Seafront this excellent property also benefits from having some Exe Estuary views to the rear and a garage and an internal viewing is highly recommended.
This gas centrally heated and double glazed property offers accommodation briefly comprising a lounge/dining room, kitchen, 3 bedrooms and a bathroom/WC.
Externally there is a small covered deck area and a single garage. The property is also being offered with a share of the freehold.
Accommodation Ground Floor Communal front entrance door leading to: Vestibule Attractive tiled flooring.
Door leading to: Communal Entrance Hall Private entrance door with stairs rising to: First Floor Half Landing Stairs to main landing. Window to side. Radiator.
Doors leading to: Lounge/Dining Room - 17'9" (5.41m) Into Bay x 11'5" (3.48m) Bay window to rear with distant River Exe Estuary and Haldon Hill views. Radiator. Fireplace surround. Airing cupboard.
Kitchen - 9'0" (2.74m) x 8'0" (2.44m) Double glazed external door to side. Refitted with a modern range of base cupboard and drawer units with wall mounted units over.
Work surfaces with tiled splash backs. Single drainer sink unit. Integrated electric oven and 4 ring electric hob with cooker hood over. Space and plumbing for washing machine.
Space for fridge/freezer. Unit housing gas fired boiler supplying domestic hot water and central heating. Bathroom/WC Obscure glazed window to side.
White suite comprising panelled bath with shower mixer tap. Laminated splash backs. Close-coupled WC. Wash hand basin with cupboard below. Heated towel rail.
Main Landing Access to insulated loft space that, subject to gaining the correct planning permissions, could be converted to provide further living accommodation. Recessed storage area.
Doors to: Bedroom 1 - 17'8" (5.38m) Into Bay x 11'10" (3.61m) A bright and airy room. Bay window to the front. Tiled fireplace feature. Radiator. Telephone point.
Bedroom 2 - 12'7" (3.84m) x 11'10" (3.61m) Window to rear. Radiator. Fireplace surround. Bedroom 3 - 10'4" (3.15m) x 7'2" (2.18m) Window to front. Built - in wardrobe. Radiator.
Externally From the kitchen is a raised covered veranda with steps leading down to the rear access.
The owner of this property has right of access over the ground floor flats garden to the rear pedestrian gate and courtesy door into the garage.
Garage/Workshop - 18'9" (5.72m) x 7'8" (2.34m) Currently used as a workshop/store with door and window onto Victoria Way. Power and light. Courtesy door to the rear.
Tenure The property owns a half share of the freehold. We understand any maintenance and Buildings Insurance is split 50 / 50 with the ground floor flat. Services All mains services are connected.
Council Tax Band B Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority (fca) Agents Note Please note the two current owners of the flats in the building have agreed to swap which garage they have use of.
This is for their own convenience only. These are draft particulars and are awaiting vendors verification.
Directions From our prominent Town centre office, on foot, walk down Rolle Street to The Strand Gardens, walking through to the far left corner into Victoria Road.
Proceed over Imperial Road where the property will be found on the right hand side, clearly identified by our For Sale sign what3words /// ooze.swarm.speeded Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 2, Victoria Road, Exmouth
Explore nearby