3-bedroom house · EX12 3EH
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unique character style, 4 bedroom house, set right in the heart of the delightful fishing village of Beer within a short walk of the beach and sea with sea views, courtyard garden and separately located double garage with store above and large garden.
Pegasus Cottage is a delightfully unique cottage, situated right in the heart of the fishing village of Beer within a very short distance of the beach and sea with views looking down the street to the sea.
This four bedroom property occupies a corner position on Fore Street and Clapps Lane and has accommodation flowing over three floors.
Included in the sale is a separate garage with store above, alongside a large garden/ parcel of land.
The property we believe was built in the 1950’s but has the feel of a much older property having some interesting features.
This property fronts on to Fore Street close to other commercial properties and any intending purchaser could continue as a purely residential property but could potentially utilise part of the property as commercial (subject to any necessary planning consents).
The front door with windows either side open to an entrance porch with views looking down Fore Street towards the sea.
An inner door opens to the front reception room with tiled flooring with a double aspect with two bow windows, one looking onto Fore Street and the other looking down the street toward the sea.
There is a large traditional open fireplace with wooden beam and some beams to the ceiling. A door arch opens to an inner hallway with stairs rising and a door to deep shelved pantry.
Beyond here there is a cloakroom with WC and a wash basin and swing doors open to a boiler room with a Potterton wall mounted gas central heating boiler with shelving.
A door opens to the dining room with window to side and a couple of steps up into the kitchen which is at the rear of the property.
The kitchen has a matching range of base and wall units with laminate worktops, gas hob, built-in oven and microwave, inset double sink unit.
There is also space and plumbing for dishwasher, washing machine and space for an under unit fridge and additional fridge and open shelving and an open arch separates the dining room from the kitchen.
A rear door opens from the kitchen to the rear courtyard garden. The same tiling flows through the whole of the ground floor.
Stairs rise to the first floor landing with door to understairs deep storage cupboard, further door to a shelved airing cupboard and door to stairs to the second floor.
There are three bedrooms on the first floor with two at the front and one at the rear.
The two front bedrooms have two windows, one looking onto Fore Street and the other looking down Fore Street towards the sea.
There is also a separate shower and a separate bathroom with WC, wash basin and bath.
Stairs turn and rise to the second floor which has one large open plan bedroom with two dormer windows to the side and a window looking down Fore Street towards the sea.
This room has fitted wardrobes along one wall with part eaved sloping ceilings and an access hatch to the loft.
Outside: Accessed from a dropped kerb from Clapps Lane to gates which open to a paved courtyard garden to the rear of the property.
The courtyard is surrounded by natural stone walling and there is a door to an external WC and a door to the rear of the building.
Also included with the sale of Pegasus Cottage is a separate garden with double garage and store.
This parcel of land is separately accessed via a drive opposite Jimmy Green Marine and includes a building with two garages with a room/store above one of the garages.
To the right hand side of the garages a gate opens to steps leading to a further gate which opens to a raised garden area above and behind the store/garden room above the garages.
A door from here gives access to the garden room/store. This garden slopes upwards with a greenhouse and a pathway runs up one side of the garden to the top which enjoys views over Beer.
The garden is currently overgrown, but you can see that this was once a well loved mature garden with many interesting plants.
What3Words Directions: ///warmers.vintages.fewer Council Tax: We are advised that the property is Council Tax Band E. East Devon District Council.
Tel: Services: We are advised all mains services are connected
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 Pegasus Cottage,, Fore Street, Beer
Explore nearby