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See how verdicts work4-bedroom house · EX12 2SN
Listing removedListed 169 days
Opportunity summary
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About
Substantial, detached and well-presented 4 bedroom detached house with 2 en-suites, in a tucked away location on the outskirts of Seaton with garage, parking and garden.
1 Springmead is an impressive, detached house accessed off a private drive shared with one other property.
The property although occupying a tucked away peaceful location is still within level walking distance of the town, seafront and beach.
It is also within close proximity to the lovely walks surrounding the nearby wetlands. The property was completed in 2009 and since that time has been well maintained throughout by one owner.
The front wooden panelled door with attractive decorative leaded light panels opens to a sizeable entrance hall with under stairs storage and downstairs WC.
A door to the left opens to a good-sized triple aspect living room with wood burner set on a slate hearth and bay window to front and windows to both sides.
From the entrance hall, two separate doors give access to the open plan kitchen/dining room.
This sizeable through room comprises a kitchen area to one end and a dining area with ample room for table and chairs at the other end.
The kitchen is comprehensively fitted with a matching range of cream, base and wall units with granite worktops, sink, double oven Aga with twin hot plates, integrated fridge freezer, built-in electric oven with gas hob and extractor above and an integrated dishwasher.
Wooden flooring flows through the entire room and into the conservatory which is accessed via French doors with a single French door opening to the rear garden.
From the kitchen a door opens into a utility with matching units, an additional sink and space and plumbing for washing machine.
From here a door also accesses the rear garden and an additional inner door leads to the attached single garage.
Stairs rise from the entrance hall to the first floor landing with two double-sized bedrooms with en-suite shower rooms, both with windows to the front. The principal bedroom has fitted wardrobes.
And cupboards and bedroom three is a further double bedroom at the rear of the property overlooking the garden with another range of fitted wardrobes.
Bedroom 4 is also a double room with window overlooking the gardens. In addition, there is a good-sized family bathroom with bath, WC, wash hand basin and shower.
Outside: The property is approached over a brick paved driveway past one neighbouring property.
There is an attractive wooden carport in front of the attached garage, and to the front of the house there is an abundance of flowering shrubs and plants creating a pretty frontage.
A pathway leads around the front of the property then to one side which is fully paved and suitable for boat or trailer storage, with a wood store and large garden shed beyond.
This then opens directly into the rear garden with a good sized seating area adjacent to the conservatory and kitchen.
Beyond the seating area is a lawn with flower and shrub borders and raised garden areas to side and rear with wooden railway sleepers rising up to an area with raised vegetable beds.
Council Tax: We are advised that this property is in Council Tax Band F. East Devon District Council. Services: We are advised that all mains services are connected.
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Value & comps
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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.
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About 1, Springmead, Seaton
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