2-bedroom flat · EX12 2RB
Let agreedListed 68 days · slow let
Opportunity summary
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About
Well-presented, two-bedroom top-floor flat, offered unfurnished and comprising a double bedroom, single bedroom, kitchen and spacious living/dining room. EPC Rating E. Council Tax Band A.
Deposit: £1,009. Flat 3 is a two bedroom apartment situated in Seaton’s town centre, within close walking distance of the local shops, amenities, seafront and beach.
Since purchasing the property, the current owners have renovated and redecorated the apartment throughout with a new shower room, new kitchen; new flooring and updated contemporary electric panel heaters.
The property is accessed via an external door into a communal area, stairs rise to the second floor and the private door for Flat 3 is on the left-hand side.
On entering the property, wood effect laminate flooring flows throughout the property, there are two large storage cupboards, one of which houses the hot water cylinder.
A black glazed door provides access to the substantial living room, with ample space for a sofa and dining table, a large picture window looks out to the Queen Street and to the countryside in the distance.
The modern kitchen has been updated with a stylish range of black base and wall units, with a stone-effect compact laminate worktop, subway tiled splash back and a range of integrated appliances, including space and plumbing for a washing machine and space for an American style fridge freezer.
The sizeable main bedroom is situated to the front of the property and benefits from a large picture window overlooking Queen Street below, alongside a range of fitted wardrobes.
The second bedroom is a single room, currently being used as a study with a window looking out to the rear of the property.
There is also a separate modern shower room which has is tiled throughout, and benefits from a double walk-in shower, with black fittings, floating vanity unit with wash hand basin, heated towel rail and WC.
Tenure: We are advised that this property is leasehold with 75 years remaining on the lease which expires October 2100. The freehold is managed by Milkbere Property Ltd.
Services Charge: £800 per annum to cover upkeep of all communal areas with an additional payment for buildings insurance (cost for 2025 was £300) Ground rent: £30 per annum Council Tax: We are advised that this property is in council tax band A.
East Devon District Council. Services: We are advised that this property has mains electric, water and sewage.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 3,, 52 Queen Street, Seaton
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