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See how verdicts work3-bedroom flat · EX9 6HR
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built first floor apartment with fine views of the surrounding areas of the Otter Estuary, situated in the highly favoured and intimate development of Raleigh Court.
The accommodation is tastefully presented and extremely light due to a number of double aspects and southerly orientation.
Further notable benefits include a delightful sun terrace, attractive communal grounds with a visitor's parking area and private garage.
The property enjoys a tranquil location within a sought after residential area, only half a mile from the town centre and seafront.
Raleigh Court is a very intimate development that enjoys a high degree of privacy, conveniently placed for the main bus routes whilst providing easy access to the scenic Otter Estuary.
It is worthy of mention that the external fabric of the building and the communal gardens are in excellent condition and maintained to a very high standard.
• 3 Bedrooms • Large Living Room • Kitchen / Breakfast Room • Bathroom • Separate W.C • Sun Terrace • Garage • Communal Gardens • Private & Visitor's Parking Services & Tenure: All main services are connected.
Leasehold - 47 years remaining Council Tax Band – D. Outgoings: Ground rent - £25 per annum.
We understand the current maintenance charge is approximately £303.44 per quarter, covering the cost of insuring the buildings, garden maintenance and cleaning/lighting of the communal areas.
Material Information What3words: ///pheasants.heavy.grazes Restrictions: No holiday lets or pets Mobile in Property: All networks are likely.
Flood Risk: Very low risk means that this area has a chance of flooding of less than 0.1% each year. Parking Availability: Communal parking and private garage.
Property Accessibility: Internal communal staircase to enter the property.
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
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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 Raleigh Road, Budleigh Salterton, EX9
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