1-bedroom flat · EX9 6NG
For saleListed 3 days
Opportunity summary
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About
Location: The property is situated in a prominent and highly visible corner position in the sought after town of Budleigh Salterton.
The town is popular for its specialist shops, cafes and tearooms and the building is only a short distance from the seafront, which forms part of the Jurassic coastline.
Budleigh Salterton has a population close to 5,000 which substantially increases in the summer months and there is a large pay and display public car park to the rear of the property.
The accommodation comprises: second floor flat: Private front door to: Entrance hall: 2.97m x 1.35m (9'9" x 4'5") With a sloping ceiling with Velux windows.
Radiator, ceiling spotlighting: Sitting room/dining area: 4.75m x 3.02m (15'7" x 9'11") (maximum measurement). Again with part sloping ceilings and UPVC double glazed window to rear aspect.
Velux window for additional light, ceiling spotlighting.
Kitchen: 9' 7" x 6' 6" (2.92m x 1.98m) With part tiled walls and range of units, inset single bowl sink unit with a mixer tap, roll edge work surfaces, cupboards and drawer units and appliance space beneath, inset electric ceramic hob with oven beneath and stainless steel cooker hood over with light, part sloping ceiling incorporating a Velux window, two ceiling spotlights.
Bedroom: 9' 6" x 8' 3" (2.9m x 2.51m) (excluding the wardrobe recess) With a part sloping ceiling incorporating a double glazed front aspect Velux window. Inset ceiling downlighter, radiator, T.V.
Aerial point, useful recess housing the electricity rcd unit, with a clothes hanging rail.
Shower room/W.C: 7' 11" x 7' 0" (2.41m x 2.13m) A well appointed shower room with tiled walls and a modern white suite comprising corner shower tray with a Mira mixer tap/attachment and glazed sliding entrance doors.
Vanity wash hand basin with a mixer tap, low coupled W.C., radiator, part sloping ceiling incorporating a double glazed Velux front aspect window.
Two inset ceiling halogen downlights, extractor fan over the shower area, radiator, built-in cupboard housing the Worcester energy efficient gas condensing combination boiler supplying domestic hot water and central heating.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Fore Street, Budleigh Salterton
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