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See how verdicts work1-bedroom flat · EX7 0RX
Listing removedListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor one bedroom apartment situated within the Rockstone development in an enviable position with the most amazing views out to sea and towards the Exmouth coastline.
The apartment is close to nearby shops, bus stops and coastal path and benefits spacious lounge/dining room, fitted kitchen, bathroom and bedroom.
In addition, there is lift access, underground allocated parking, visitor spaces and the apartment is sold with NO ONWARD CHAIN.
LEASEHOLD, COUNJCIL TAX - C, EPC - D ACCESS: The apartment can be accessed via stairs to the side of the building or lift access is situated just inside the communal main entrance.
OWNERS FRONT DOOR INTO: ENTRANCE HALL: Phone entry system, wall mounted consumer unit, night storage heater, storage cupboard housing hot water tank and door to: LOUNGE/DINING ROOM: 5.97m x 5.45m (19'7" x 17'11") , A spacious lounge/dining room with two night storage heaters, coved ceiling and uPVC double glazed doors with side windows leading out to: BALCONY: Wonderful outside space to enjoy the magnificent views KITCHEN: 3.09m x 2.40m (10'2" x 7'10") , Matching eye level and base units with roil top work surfaces over.
One and half bowl sink and drainer, tiled splashbacks, appliances including washing machine, electric oven and hob with extractor over and fridge/freezer.
Serving hatch through to lounge/dining room and coved ceiling.
BEDROOM: 3.60m x 3.58m (11'10" x 11'9") , uPVC double glazed window to the front of the property, fitted wardrobe with mirror sliding doors, night storage heater and coved ceiling.
BATHROOM: A fully tiled room with panelled bath, electric shower over and glass screen. Low level WC, pedestal wash hand basin, extractor and coved ceiling.
OUTSIDE: The apartment benefits secure underground allocated parking with lift access. there is visitors parking to the front of the building.
Well maintained communal ground which is mostly laid to lawn with seating areas to take in the most amazing views.
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
Agent & docs
FAQ
About Exeter Road, Dawlish, EX7
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