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See how verdicts work2-bedroom detached house · EX12 2AD
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unique town centre property within easy reach of the seafront and beach with flexible additional accommodation and private courtyard gardens.
The Property: Situated in the heart of Seaton town centre, 24 Fore Street is a unique period property combining a substantial residential living space fronting Fore Street with a charming cottage tucked away behind.
The property offers an unusual and highly versatile layout, with the former shop premises having been granted full change of use to residential accommodation, creating valuable extra living space suitable for a wide variety of uses.
The delightful property is within easy reach of the seafront and beach, The current owners have enjoyed the property since 2021 and have undertaken a number of improvements including the conversion of the former shop with new WC, some new flooring, redecoration, a replacement boiler and wired fire alarms.
Despite being located in the centre of town, the cottage and courtyard gardens are completely tucked away from the roadside and can only truly be appreciated by an internal inspection.
An entrance lobby gives access to a hallway which is ideal for storage of kayaks or bikes, with a door to the additional living space and then beyond to the cottage at the rear.
The former shop at the front of the property, has been transformed into a substantial open plan reception room with a large window to the front and a further window to the rear.
Offering excellent flexibility, this space could be utilised as a family room, games room, hobby room, home gym, studio or workspace, depending on a purchaser's requirements.
The room has which has been redecorated and recarpeted, benefits from two electric radiators and is served by a cloakroom with a new WC and wash hand basin.
Beyond this lies a fully enclosed courtyard, providing a sheltered outdoor space between the additional living accommodation and the cottage itself.
The cottage is entirely hidden from the roadside, creating a surprisingly private setting despite its central town location.
The cottage itself is a charming stone-fronted home with accommodation arranged over two floors.
The front door opens directly into a spacious kitchen/dining room fitted with a good range of units complemented by wooden worktops with sink.
Integrated cooking appliances are provided together with further appliances including a washing machine, tumble dryer, slimline dishwasher and under-counter fridge.
New wood effect flooring has been laid throughout, and two windows provide natural light to the room. In addition, there is a wall mounted Ideal gas central heating boiler.
An understairs storage cupboard and staircase to the first floor are positioned within this space.
Beyond the kitchen is a generous bathroom fitted with a corner bath, walk-in shower, WC and wash hand basin.
Aqua boarding to the majority of the walls provides a practical finish alongside tiled flooring.
The living room is a comfortable reception room featuring newly laid carpet, sliding patio doors, an additional window and attractive exposed stone detailing with feature shelving.
On the first floor, there is an open landing area with useful shelving and there are 2 double bedrooms with bedroom 2 having an interconnecting occasional bedroom 3.
The principal bedroom enjoys a large front-facing window and fitted wardrobes, while the second bedroom with its door to a further room offers flexible accommodation suitable for a dressing room or home working.
Outside: A fully enclosed courtyard sits between the additional living space and the cottage ideal for storage of kayaks or paddleboards.
A pathway then leads alongside the cottage to the rear which is completely enclosed on all sides with attractive natural stone walling, built-in stone seating and raised flower beds which combines to create a private and characterful seating area.
What3Words: ///sundial.petition.dressy Council Tax: We are advised that this property is in Council Tax Band C. East Devon District Council.
Services: We are advised that the cottage has electric, water and gas connected. The additional living space has electric and water connected.
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.
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FAQ
About 24, Fore Street, Devon
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