1-bedroom flat · EX8 2AQ
For saleListed 88 days
Opportunity summary
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About
The accommodation comprises: Solid wood communal front door giving access to entrance vestibule with letterboxed and inner door giving access to impressive and elegant communal hallway with newly laid carpets and stairs rising to second floor.
Solid wood door with window inset giving access to: Reception hall: Coved ceiling; electric consumer unit (installed 2021); fitted storage cupboard; telephone point.
Lounge/dining room: 17' 6" x 10' 8" (5.33m x 3.25m) A spacious room with double glazed window to front aspect taking advantage of the wonderful uninterrupted, far-reaching sea, estuary and coastline views; feature fire surround housing living flame effect electric fire; television point; radiator; picture rail; coved ceiling.
Kitchen/breakfast room: 11' 9" x 9' 8" (3.58m x 2.95m) A stylish, bright and modern kitchen fitted with a range of patterned work top surfaces with attractive tiled surrounds; range of base cupboards, drawer units, space and plumbing for washing machine beneath; matching wall mounted cupboards; inset single drainer sink unit with chrome mixer tap; inset four ring gas hob with stainless steel chimney style extractor hood over with light; built-in oven with cupboard below and recess for microwave over; space for upright fridge/freezer; wall mounted gas boiler serving domestic hot water and central heating (installed 2021); double glazed window to rear aspect enjoying a pleasant open outlook (also giving access to rear fire escape).
Bedroom: 17' 7" x 10' 3" (5.36m x 3.12m) A good size bedroom with uPVC double glazed window to front aspect gaining wonderful uninterrupted, far-reaching sea, estuary and coastline views; two built-in wardrobes in wall recesses; radiator; coved ceiling.
Shower room/WC: 12' 0" x 5' 10" (3.66m x 1.78m) A spacious modern suite comprising of an over-sized ease of access shower cubicle with feature tiled walls, shower screen and curtain; pedestal wash hand basin with matching tiled splashback; WC with push button flush; chrome heated towel rail; floor to ceiling linen cupboard; coved ceiling.
Office/store room: 12' 8" x 5' 8" (3.86m x 1.73m) A versatile room accessed off the communal staircase with windows to side and rear aspects; built-in wardrobe; power and light connected.
Outside: The property benefits from two communal gardens, one to the rear of the development which is beautifully maintained with communal drying area and communal bike store.
To the front of the property there is a cliff top garden accessed from Louisa Terrace immediately opposite Dolforgan Court which enjoys the wonderful uninterrupted, far-reaching sea, estuary and coastline views.
Tenure and outgoings: We understand the property benefits from an equal share of the freehold and is held on a 999 year lease. The service charge is approximately £150 per month.
Agents notes: No holiday lets & No Air B&B.
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 2,6 Dolforgan Court, Louisa Terrace, Exmouth
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