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See how verdicts work2-bedroom flat · EX9 6RB
No longer listedListed 433 days
Opportunity summary
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About
A well-presented, purpose built, ground floor apartment located in popular residential development that was built by Barratt Homes approximately 20 years ago.
The property boasts easy to maintain accommodation which provides a lovely home. The kitchen and bathroom have been improved in recent years.
The property would equally appeal to those looking for a long term investment or charming second home.
Externally, the property has been kept in superb condition whilst the communal areas are very well managed.
Norman Crescent enjoys a quiet location, close to The Green, in this popular residential area of Budleigh Salterton just ½ a mile from the Town centre and sea front.
It is even closer to St Peter’s Primary School, which may be approached without crossing any major roads.
There is nearby access to the attractive footpath running along the old railway line, which provides a convenient approach to White Bridge and excellent walking along the beautiful River Otter.
SPECIFICATION * Entrance Foyer with Entry Phone System * Hallway * Kitchen * 2 Bedrooms * Lounge/Diner * Bathroom * Allocated Parking Space * Electric Heating * Double Glazing * Bicycle Store * EER: C * Council Tax Band: B TENURE & MANAGEMENT: Leasehold.
189 years from 1st January 2004 to 1st January 2193. Charges are approximately £92.93 per month for the monthly maintenance charge. SERVICES: Mains electricity, water and drainage are connected.
Council Tax Band B. Local Authority is East Devon District Council, Blackdown House, Border Road, Heathpark Industrial Estate, Honiton Devon EX14 1EJ.
DIRECTIONS: Proceed from our office in the High Street to the traffic lights at the top. Turn right into Station Road and continue past The Green, which will be on your left hand side.
Norman Crescent is a little further on the left hand side, whereby number 61 can be found approx. 200 yards on left hand side, just before the Public Open Space.
BUDLEIGH SALTERTON A tranquil and unspoilt Regency town by the sea, which has managed to retain much of its classic beauty and original charm.
Situated on the Jurassic Coastline of East Devon and designated as a World Heritage site, it is considered one of the most desirable coastal locations in the UK.
The beautiful two-mile beach, with very clean and safe bathing water, is framed by the picturesque sandstone cliffs, and allows panoramic views across Lyme Bay.
Nearby is the Otter Estuary, which has been designated an Area of Outstanding Natural Beauty and has an abundance of wildlife to explore.
Budleigh Salterton has much to offer, having an impressive variety of interesting shops with a wide choice of individually run family businesses, restaurants and cafes.
There is also a primary school, doctor's surgery, dentists and a library, all within close proximity of the property.
There are a number of clubs and societies that cater for all ages and cover a range of interests, pursuits and activities.
East Devon Golf Club, Budleigh Cricket Club plus the Croquet and Tennis Club are renowned sporting venues, whilst culturally the art galleries and drama playhouse have regular exhibitions.
The annual literary and music festivals are recognised on an international level, with some of the town’s famous residents regularly contributing.
There are opportunities for all types of cycle routes, water sports and fishing along the coast and in the Exe Estuary.
Scenic walks can be enjoyed along the South West Coastal path and the Otter Estuary.
The nearby pretty villages of East Budleigh, Otterton and Colaton Raleigh also offer a great deal of exploration and interest, with superb walking and riding potential at Woodbury Common.
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
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FAQ
About Norman Crescent, Budleigh Salterton, EX9
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