2-bedroom flat · EX3 0AQ
For saleListed 26 days
Opportunity summary
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About
A spacious two double bedroom first floor apartment situated in A popular topsham location. Large lounge/diner, modern fitted kitchen and recently renovated shower room. Permit parking available.
Situation Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
With easy commuting and access to the M5, Topsham is also well served by bus and rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St David’s, connecting it to the national network. Exeter airport is some 5 miles away.
Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctor’s surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants.
It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.
The property is approached via a private entrance hall with useful storage and stairs rising to the first floor. The hallway provides access to all rooms.
To the front is a generous master bedroom with built-in storage, while the second bedroom is positioned to the rear and is also a good-sized double.
A particularly spacious L-shaped lounge/diner provides an excellent living and entertaining space, featuring a gas-effect log burner and access from the dining area onto the balcony.
A further door leads into the modern fitted kitchen, which offers a selection of integrated appliances and an outlook to the rear.
Also positioned to the rear is the recently renovated shower room, finished in a modern style. Outside To the front is a low-maintenance garden with a variety of established shrubs and plants.
Permit parking is readily available nearby. Lease info 125 Year lease from 1988 Ground rent: £40 per annum.
Service charge: To be confirmed with the management company The apartment is presented in good order throughout, with both the kitchen and shower room having been recently renovated, it has also been completely re-weird.
For further information or to arrange a viewing, please contact our office.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 15, Altamira, Topsham
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