2-bedroom flat · EX9 6JU
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor apartment situated in a modern block of only twelve apartments.
Conveniently situated close to the town centre and seafront with the communal gardens having direct private access onto the coastal footpath.
This apartment benefits from having a south facing terrace with a view over the garden towards the sea and is being offered with no onward chain.
Accommodation The accommodation is well-proportioned throughout consisting of a large sitting room which benefits from a sea view with immediate access onto a paved patio area where one can enjoy al fresco dining and entertaining.
The kitchen is fitted with a good range of low and eye level units with rolled edge work surface with inset stainless-steel sink with tap and drainer unit.
Inset electric hob 4 ring hob, integrated wall mounted oven and grill.
Space and plumbing for a washing machine or dishwasher, space for an undercounter appliance, finished with a half-heigh tiled splash back.
The kitchen is open plan into the dining area making the space inviting especially for entertaining family and friends.
One will find Two double bedrooms, both rooms enjoying attractive views over the town of Budleigh Salterton and a modern bathroom with separate shower cubicle and bath as well as a separate WC.
Outside The terrace access via the sitting room faces in a southerly direction and offers a wonderful place to sit out whilst enjoying the very pleasant outlook over the well-maintained communal garden with the sea beyond.
The residents of Redcliff Court can enjoy the well-maintained communal grounds which benefit from having a private pedestrian gate leading directly onto the coastal pathway.
Flat 7 has an allocated parking space and visitors parking is also available.
Material Information What3words: ///stags.invents.brimmed Tenure: Shared Freehold- Lease 999 from 1982 Maintenance- £200 per calender month Restrictions:- or Holiday Lets Council Tax: Band E with eddc Mains: Gas, Electricity, Water & Drainage.
Heating: Gas Central Heating. Mobile & Broadband: We advise that you should check with your provider. Flood Risk: Very low risk.
Coastal Erosion Check: Parking Availability: One allocated parking space. Accessibility: External Steps to entrance.
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
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FAQ
About Flat 7, Redcliff Court,, Cliff Road, Devon
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