3-bedroom flat · EX8 1SE
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the upper two floors of this period end of terrace building, only a short distance from Exmouth seafront and town centre amenities, this beautifully maintained three bedroom maisonette offers generous living space and benefits include double glazing and central heating, a share of the freehold with a long lease, low running costs.
There is a superb principal bedroom suite which occupies the entire top floor creating a private and peaceful room, viewing is strongly recommended.
The accommodation comprises: Communal entrance with stairs rising to first floor, private front door giving access to: Reception hall: Wood flooring, useful wall recess housing plumbing for automatic washing machine.
Open-plan living room/kitchen: A bright spacious room with wood flooring throughout and recessed ceiling spotlighting.
The living area enjoys a double glazed square window allowing an abundance of light to enter which overlooks the front aspect, TV point.
Kitchen: Fitted with modern units comprising of working surfaces with tiled surrounds, cupboards and drawer units beneath, inset one and a half bowl sink unit with hose style mixer tap, built-in hob with splashback, electric oven below and stainless steel chimney style extractor hood over, space for upright fridge/freezer, double glazed window to front aspect.
Bedroom 2: A bright dual aspect double bedroom with double glazed windows to rear and side aspects, radiator, recessed ceiling spotlighting, feature vaulted style ceiling.
Bedroom 3: A single bedroom with double glazed window to rear aspect, radiator.
First floor shower room/WC: Fitted with corner shower cubicle, vanity wash hand basin with tiled splashback, WC with push button flush, ceiling extractor fan, recessed ceiling spotlighting.
From the reception hall a door opening with stairs rising to second floor landing with useful understairs storage cupboard.
Bedroom 1: This main bedroom suite occupies the entire floor with feature vaulted style ceiling, with ceiling spotlighting, double glazed windows to front and rear aspects allowing an abundance of light, radiator, TV point, two access points to eaves storage, radiator.
En-suite shower room/WC: Fitted with corner shower cubicle, vanity wash hand basin, tiled splashback, WC with push button flush, chrome heated towel rail, ceiling extractor fan, double glazed window with patterned glass, ceiling spotlighting.
Outside: To the front of the property there is an area of decorative stone garden. Tenure & outgoings: The property enjoys a 50% share of the Freehold with 986 years remaining on the lease.
Maintenance is on an as an when required basis split 50/50 with the Ground Floor apartment. Agents note: Pets area permitted.
Permit parking is available on the street offering convenient access for residents.
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
Agent & docs
FAQ
About Flat 2 , 15, Woodville Road, Devon
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