2-bedroom flat · EX13 5NQ
Listing removedListed 143 days · slow let
Opportunity summary
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About
An impressive newly converted two-bedroom top-floor apartment offering spacious, light-filled accommodation and contemporary finishes throughout.
Ideally situated in the heart of Axminster, the property features stylish open-plan living, a modern fitted kitchen, underfloor heating and quality fixtures, all within easy access to the town's shops, cafés and transport links.
EPC: C (77) Council Tax Band: Tbc An impressive newly converted two-bedroom top floor apartment forming part of the transformation of an iconic building in the heart of Axminster.
Offering bright, spacious and contemporary accommodation throughout, the property combines character with modern convenience and is ideally situated within easy walking distance of the town's shops, cafés and transport links.
Large windows flood the apartment with natural light, enhancing the generous living space and creating a welcoming atmosphere.
The brand-new fitted kitchen is finished to a high standard and features an integrated oven, ceramic hob with extractor hood over, together with space for additional freestanding appliances.
Attractive Karndean-style vinyl plank flooring runs throughout, providing a stylish and practical finish.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from a built-in wardrobe, while the contemporary bathroom is fitted with a bath incorporating a shower facility, vanity unit with wash hand basin and WC.
Finished to an excellent standard throughout, this impressive town-centre top floor apartment offers modern, low-maintenance living.
Approximate Dimensions: Living Area 6.78m x 5.55m (Curved Room) Kitchen Area 2.58m x 2.29m Bedroom One 3.26m x 2.98m Bedroom Two 3.85m x 3.00m Bathroom 2.93m x 1.56m Heating type: Underfloor (Air Source Heat Pump) Parking: No Parking with the property, East Devon Council car park permits available nearby.
Services Mains Electricity, Water & Waste. Council authority East Devon Council Council Tax Band: To be confirmed.
Energy performance: C (77) rent £925.00 pcm holding deposit £213.46 (equals 1 weeks rent). The holding deposit can be used towards the Rent in Advance.
Note - The holding deposit is non – refundable, should you as a prospective tenant pull out of a tenancy prior to its commencement once referencing has been carried out, or give false or misleading information once referencing has been submitted.
Total fees £925.00 Rent in Advance £1067.30 Property Deposit of 5 weeks rent, to become the deposit held by the Deposit Protection Service for the term of the tenancy. Viewing Strictly by Appointment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
About Flat 2, Merchants House, Victoria Place, Axminster
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