1-bedroom flat · EX13 5GE
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one-bedroom ground floor apartment provides an excellent opportunity for first-time buyers, downsizers, or investors alike.
Occupying a convenient position, the property benefits from bright and spacious accommodation throughout, decorated in neutral tones and fitted with attractive contemporary flooring.
The accommodation comprises a generous sitting room enjoying plenty of natural light and offering ample space for both living and dining furniture, together with a fitted kitchen featuring a range of wall and base units, integrated oven and gas hob, and space for additional appliances.
The double bedroom is well-proportioned and comfortably accommodates a range of bedroom furniture, while the bathroom is fitted with a white suite including a bath with shower screen, wash hand basin and WC.
Entrance Hall Doors leading to the accommodation with a radiator and a smoke detector.
Lounge/Diner (6.32 x 4.39 max (20'8" x 14'4" max)) A bright and generously proportioned reception room enjoying front-facing windows, allowing an abundance of natural light to flood the space.
Recently redecorated in neutral tones and fitted with attractive contemporary carpeting, the room provides a comfortable and versatile setting for both relaxing and entertaining.
An open doorway leads through to the kitchen, creating a practical and sociable layout, while a radiator and multiple power points add to the room's everyday convenience.
Kitchen (2.39 x 3.68 (7'10" x 12'0")) Fitted with a range of matching wall and base units complemented by roll-edge work surfaces and a tiled splashback.
The kitchen incorporates a stainless steel sink and drainer positioned beneath a window providing natural light, together with an integrated electric oven and four-burner gas hob.
There is space and plumbing for additional appliances, ample cupboard storage, and room for food preparation.
Finished in neutral tones, the kitchen offers a practical and functional space for everyday living.
Bedroom (3.29 x 3.72 (10'9" x 12'2")) A well-proportioned double bedroom presented in excellent decorative order, featuring a large window that provides plenty of natural light and a pleasant outlook.
The room benefits from fresh neutral décor and fitted carpeting, creating a bright and inviting atmosphere.
Offering ample space for a double bed and additional bedroom furniture, this comfortable room is further enhanced by a radiator and convenient power points.
Bathroom A modern white bathroom suite comprising a panelled bath with mixer tap and fitted glass shower screen, pedestal wash hand basin, and low-level WC.
Finished with wall tiling and flooring, the room enjoys natural light and ventilation from a frosted window.
Well presented throughout, the bathroom provides a clean and functional space ideal for everyday use.
Agents Notes Tenure: Leasehold Lease length: 125 year length lease commencing from 01/01/2005 Local Authority: East Devon District Council Council Tax Band: A Service Charge: £720 per annum Ground Rent: £100 per annum Broadband: Full fibre broadband is available to order.
For more information go to Mobile phone coverage: For more information can be found Utilities: Mains gas, mains electric, mains water and mains drainage.
Flood Risk; Very low risk from flooding rivers and sea. Very low risk from flooding from surface water
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 4, Otterton Mews, Axminster
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