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See how verdicts work2-bedroom flat · EX7 0RX
For saleListed 303 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb 2-bed first floor apartment in The Rockstone with stunning sea views, Juliet balcony and beautifully kept communal gardens, ready to be modernised.
A bright lounge, fitted kitchen, two double bedrooms with wardrobes and a stylish shower room. Secure underground parking with lift access, plus option for e-bike/scooter charging.
Just a short walk to the beach, woodland, post office and bus routes. Professionally managed with a long lease (approx.
167 years), well-kept grounds and building insurance included in service charges. Long-term letting permitted. A fantastic coastal home with huge potential to modernise and make your own.
Approach:The apartment is approached via an external staircase or through the main front door, with the choice of lift or staircase access to the first floor.
The flat door is hardwood with an exterior light. Entrance:The hallway provides hanging space for coats and houses the fuse board.
It leads directly to all rooms and includes an entry phone system, enabling communication with visitors at the front entrance of The Rockstone Apartments.
Living / Dining Room:A bright and spacious room filled with natural light, thanks to sea-facing windows with a Juliet balcony. A further window to the south adds to the airy feel.
The room is carpeted and features a free-standing electric heater. Kitchen:Fitted with a range of base and wall units, the kitchen includes an integrated electric oven, hob, and extractor fan.
There is plumbing for a washing machine, as well as space for a fridge-freezer. A one-and-a-half inset off-white sink sits beneath a side window, complemented by roll-top work surfaces.
The room also benefits from a kick board electric heater and vinyl flooring. Bedroom 1:A generously sized double bedroom with built-in mirrored wardrobes.
Dual-aspect windows provide views to both the side and front of The Rockstone building. Finished with carpet flooring and a floor-standing electric radiator.
Bedroom 2:Slightly smaller than Bedroom 1 but still able to accommodate a double bed. It includes a fitted mirrored wardrobe, a front-facing window, wall-mounted radiator, and carpet flooring.
Shower Room:A modern, fully fitted shower room finished with easy-to-clean shower boarding.
Features include a large walk-in shower cubicle with a glass screen, rainfall and handheld shower heads, wall-mounted WC, inset backlit mirror, and a sink with fitted storage beneath.
An electric body dryer and wall-mounted heater complete the room. Outdoors:The Rockstone boasts beautifully maintained communal gardens offering spectacular sea views out to sea.
The property is within walking distance of woodland, beaches, a post office, and local bus routes.
Parking & Facilities:An allocated parking space is located in the secure underground car park, accessible via the lift.
A socket is available in the garage, for a small monthly cost, to charge mobility scooters or electric-assisted bicycles.
Additional Information:The Rockstone is a purpose-built apartment complex, with the lease having approximately 167 years remaining.
The building is professionally managed, with upkeep of communal spaces, gardens, garages, lifts, and insurance included within the service charge.
Long-term letting is permitted, though the property is not suitable for holiday lets.
Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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