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See how verdicts work4-bedroom property · EX9 6NR
For saleReduced £55k (−6.5%) on 25 OctListed 455 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An elegant, period townhouse enjoying a prime position along Budleigh Salterton's sea front.
An exquisite waterside home, beautifully presented by the current owners enhancing the striking period features and the uninterrupted views over the pebble beach and out to sea.
The short level walk to the town centre means that all the amenities and conveniences are on the doorstep if required.
Quite simply 'The Black House' is an instantly recognisable, Victorian villa situated on one of the most desirable coastal locations throughout the UK.
It is the perfect home from home, an impressive coastal retreat for those seeking the lifestyle purchase.
• 4 Bedrooms (3 Double & 1 Single) • Sitting Room • Kitchen/ Diner • Garden Room • Laundry Room • Bathroom • Shower Room • Separate W.C • Landscaped Garden & Patio Terrace • Allocated / Permit Parking ACCOMMODATION: The entrance hall offers the first glimpse of the style the property exudes, with timber panelled walls along the staircase and tall ceilings.
A characterful cloakroom is wonderfully balanced against the adjacent contemporary shower room. The generous sitting room has striking views out to sea through a pair of arched sash windows.
This impressive room enjoys a feature fireplace with an inset French wood burning stove, a built-in cupboard and white painted floorboards.
A modern kitchen includes a cosy dining area with gas-fired Rayburn opening to a vaulted ceiling with an array of skylights leading to the rear garden.
Off the kitchen is a useful utility arranged with base & wall units and space for appliances.
To the rear of the kitchen, steps lead up to a charming garden room with a glazed roof and double doors leading out onto the garden.
An internal door leads through to the laundry room providing further space for storage and appliances.
The first floor provides three bedrooms and a bathroom.Bedroom 1 has a pair of sash windows framing the superb sea views, decorative mouldings and a feature fireplace.
Bedroom 2 has a rear aspect sash window with delightful views over the garden with built-in cupboards and shelving.
Bedroom 3 has a front aspect sash window with sea views and a generous builtin cupboard.
The stylish bathroom benefits from a roll top bath with a shower over, wc, wash basin, heated towel rail and an airing cupboard.
Painted timber stairs lead up to the second floor, with access halfway up into a useful store, with a further larger store area on the landing.
This impressive versatile space enjoys a dual aspect with an elevated seating area to enjoy the stunning coastal views and a large window that draws in the sounds of the sea.
This room would make an ideal study/studio, a bright tranquil work area or a fourth bedroom (as used by the current owners).
OUTSIDE: The rear garden is beautifully landscaped in a Mediterranean style.
Terraced with well stocked flowerbeds, charming seating areas, with a path leading through the scents of lavender and rosemary, and the visual delights of olive trees, magnolia and a fig tree.
A patio area extends the entertaining space from the garden room. Allocated permit parking on Marine Parade. SERVICES: All mains services are connected. Gas-fired central heating. Council Tax Band G.
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
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FAQ
About South Parade, Budleigh Salterton, EX9
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