2-bedroom flat · EX9 6LJ
For saleListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of the sought-after coastal town of Budleigh Salterton, this chain free two bedroom apartment presents an excellent opportunity to enjoy everything this charming seaside location has to offer.
Set on the High Street, you'll find an excellent range of independent shops, cafés, restaurants and everyday amenities just moments from your front door, while the town's beautiful pebble beach and stunning Jurassic Coast are only a short walk away, making it easy to embrace a relaxed coastal lifestyle.
Inside, the apartment offers a practical and well-balanced layout. The separate living room provides a comfortable space to unwind at the end of the day or spend time with friends and family.
The kitchen is thoughtfully arranged with ample space for everyday cooking and storage, while the two bedrooms offer flexibility to suit a variety of needs, whether you're looking for guest accommodation, a home office or simply additional living space.
The bathroom is conveniently positioned to serve both bedrooms, and a useful storage cupboard near the entrance provides the useful storage for a bike, tools, paint.
Whether you're taking your first step onto the property ladder, searching for a low-maintenance coastal home, looking for a lock-up-and-leave second home or adding to an investment portfolio, this apartment offers versatility in a location that continues to be highly desirable.
Offered to the market with no onward chain, this is a fantastic opportunity to secure a well-located home in one of East Devon's most popular seaside towns.
Early viewing is highly recommended to appreciate both the accommodation and the exceptional location on offer.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 28/09/2130 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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.
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
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FAQ
About 48a, High Street, Budleigh Salterton
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