3-bedroom terraced house · EX9 7AU
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Specifically designed to help local residents who are unable to afford a suitable home on the open market, these properties offer a fantastic opportunity to step onto the property ladder with a brand-new, energy-efficient home at a reduced percentage of its full market value.
Discount market sale, an opportunity to buy below market value An exciting opportunity to purchase a brand-new home through the Discount Market Sale (dms) scheme, designed to help eligible buyers secure a new home at a reduced percentage of its full open-market value.
The property is offered at a discounted purchase price, making home ownership more accessible to qualifying purchasers.
Unlike Shared Ownership, buyers purchase 100% of the property and there is no rent to pay on the discounted element.
Eligibility criteria This home is available through the Discount Market Sale scheme and is specifically intended to help local people who would otherwise be unable to purchase a suitable home on the open market.
To be considered, purchasers must: Have a qualifying local connection to the area, such as currently living locally. Be unable to afford a suitable home on the open market within the local area.
Eligibility will need to be verified before a purchase can proceed. Please contact us for further information and to discuss whether you may qualify.
Situation Evans Field offers a prime location for local schools and activities, with the beautiful Budleigh Salterton just minutes away.
Budleigh Salterton remains an unspoilt coastal town with a long pebble beach and a wide selection of local shops and amenities.
One of Devon's premier Golf courses is situated on its outskirts and it also boasts a Cricket Club, Croquet, Tennis and Football Clubs.
The town lies close to Woodbury Common and is situated approximately three miles from Exmouth, twelve miles from Exeter and six miles from Sidmouth.
Directions Proceed towards Woodbury on the B3179 and continue through the village via Broadway. After approximately one mile turn right at the signpost to Budleigh Salterton.
At the T junction turn right and proceed along the B3180. Continue on for a few miles until reaching a roundabout and continue over into Budleigh Salterton over Knowle Hill.
Take the first left hand turn into Knowle. Go through Knowle passing Bedlands Lane on your right hand side and you will then find the development on your right.
Show Home Now Open Tuesday and Thursday 10am - 5pm Exceptional Lifestyle Just minutes from the stunning pebble beach and vibrant town centre of Budleigh Salterton, residents can enjoy easy access to local schools, independent shops, sports clubs and beautiful countryside walks across Woodbury Common.
Agents Note The developer has advised that it will use reasonable endeavours to secure adoption of the estate roads, sewers and service installations, although adoption cannot be guaranteed.
If not adopted, future maintenance will fall to the Management Company, with costs recoverable via the estate/service charge.
Purchasers should review the service charge budget and transfer documentation with their solicitor.
Services The vendor has advised the development is connected to mains electricity, mains water and mains gas serving the central heating. Please see agents notes for drainage details.
Multiple mobile phone networks are showing as available. Broadband tbc. The vendor advised there will be a management company for the development at a cost of £500- £550 per annum per household.
Agents Note Please note some of these images have been digitally staged.
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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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.
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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 Plot 36 - The Budleigh,, Evans Field, Budleigh Salterton
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