1-bedroom flat · EX8 1AU
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FULL DESCRIPTION Only minutes' walk from Exmouth seafront, this stunning one-bedroom flat is full of character and beautifully presented throughout.
All of the rooms are generously proportioned, while the large windows flood the property with natural light, creating a bright and airy feel throughout.
Upon entering the communal building and making your way upstairs, you arrive at the flat's entrance. Inside, the welcoming hallway is tastefully decorated and filled with natural light.
The open-plan living, dining and kitchen area forms the heart of the home and provides an excellent space for both relaxing and entertaining.
The modern fitted kitchen offers ample storage and workspace, with plenty of room for appliances. Thoughtfully designed, it makes excellent use of every available space.
The bedroom is a spacious double room featuring large windows that enhance the bright and airy atmosphere.
The contemporary bathroom is fully tiled and comprises a WC, wash basin, and bath with shower over.
The property also benefits from off-road parking-an increasingly rare feature in such a sought-after Exmouth location. The location itself is truly exceptional.
Exmouth town centre is within easy walking distance, as is the beautiful promenade with its sandy beaches and refreshing sea air.
The train station is just a few minutes away on foot, providing excellent transport links.
A wide range of local amenities are close at hand, making this an ideal purchase for first-time buyers, downsizers or investors alike.
MATERIAL INFO # Verified Material Information ## Costs and tenure Tenure: Leasehold Lease length: 90 years remaining (100 years from 2016) Ground rent: £236/year Service charge: £3,136/year Lease restrictions: Pets are not permitted as per the lease.
Council tax band: A EPC rating: E ## The building Mid-terrace flat, standard construction Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Heating: Room heaters only Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three great, EE good Parking: Driveway Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN682573): - The lease contains rules regarding 'alienation', which is a legal term meaning there are restrictions on how the owner can sell, under-let, or share the property.
- There is a standard restriction that prevents the owner from selling or transferring the property without the written consent of the mortgage lender, Bank of Scotland PLC.
This is a routine requirement that will be settled when the mortgage is repaid during the sale.
Long-term flood risk: yes - River and sea flooding risk: High; Surface water flooding risk: Very Low; Reservoir flooding risk: Not at risk; Groundwater flooding risk: Unlikely All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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
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FAQ
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