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See how verdicts work2-bedroom flat · EX9 6LD
For saleListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built two bed first floor apartment conveniently situated within the town centre of Budleigh Salterton and only a short walk to the famous pebble sea front.
The property also benefits from a private car parking space, electric heating and double glazing. The property is being offered with no onward chain.
Accommodation Upon entering the property one will find themselves in the hallway which leads to all rooms.
The spacious sitting/dining room is the heart of this home with a large bay window overlooking the town. The kitchen is located off the sitting room.
Fitted with low and eye level units, rolled edge work surface with inset stainless-steel sink with drainer unit and tap.
Space and connection point for a free-standing oven and undercounter space and electric for an appliance. The kitchen also benefits from a large window allowing natural light to flood the space.
Two double bedrooms and a modern stylish bathroom can be found at the rear of the property. Both bedrooms benefitting from large south facing windows and modern electric heaters.
Outside To the front of the property there is a private door from the High Street leading to the flat.
At the rear of the property which is easily accessed from Queen Street is single car parking space allocated to this property.
There is also a small, shared courtyard garden with drying area and bin store area.
Material Information What3words: ///polar.amps.lies Tenure: The vendor owns a Share of the Freehold & Leasehold of the Flat 6 (999 years from 25th December 1976).
Maintenance: £1100 per annum & Ground Rent: £15 per annum. Council Tax: Band C with East Devon District Council. Rights and Restrictions: No Short Term or Holiday Lets. Pets allowed by permission.
Mains: Electricity, Water & Drainage. No Gas.
Heating: Electric Heaters Broadband and Mobile Signal Availability - We advise that you should check the availability and signal strength with your supplier.
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
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FAQ
About Flat 6, 15-17,, High Street, Devon
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