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See how verdicts work3-bedroom flat · EX9 6NU
Listing removedListed 386 days
Opportunity summary
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About
One of the most exclusive developments within Budleigh Salterton, this luxurious penthouse apartment has been sensitively constructed to a very high specification.
The accommodation is generously proportioned, and offers stunning uninterrupted sea and coastal views of Lyme Bay. It is approximately 1800 square feet in size.
Communal Entrance Entrance door with intercom release system. Entrance foyer with glass atrium and grand staircase to all floors. There is also a lift leading to all floors.
Own entrance door to: Lobby Central heating radiator with thermostat control, two wall light points, cupboard housing electric consumer unit, dado rail and coved ceiling.
Part glazed door leading to entrance hall.
Entrance Hall Central heating radiator with thermostatic control, coved ceiling, dado rail, intercom entry phone system, airing cupboard housing a hot water tank with central heating control panel and slatted shelves.
Ceiling spotlights and doors to: Sitting / Dining Room A spacious room with double glazed bay window to the front elevation, further double glazed Velux windows to the side elevation and double glazed door to the side elevation and out onto the balcony.
TV point. Television point, two central heating radiators with thermostat controls, dado rail, coved ceiling, feature fireplace with chrome effect fire, marble hearth and surround.
Balcony Enjoying stunning and fabulous panoramic sea and coastal views.
Kitchen Double glazed Velux windows to the side elevation, generous expanse of marble worktops with inset sink with mixer tap, excellent range of base and eye level storage cupboards, integrated fridge/freezer, integrated dish washer and washer dryer, stainless steel electric double oven with microwave over and inset four ring gas hob with extraction light unit over.
Wall mounted gas central heating, tiled splashbacks, ceiling spotlights, television point and electric floor level fan heater.
Master Bedroom Window and double glazed French doors to the front elevation leading out onto the balcony.
Central heating radiator with thermostatic control, television point, TV point, wall light points and coved ceiling.
Opening through to a dressing area with twin double wardrobes and door to en suite bathroom.
En Suite Bathroom Quality white suite comprising of panelled bath, wash hand basin with cupboard under, close couple WC with concealed cistern, shower cubicle, built-in cupboards, ladder style heated towel rail with thermostat control, fully tiled walls, electric shaver point, extractor fan and tiled flooring.
Guest Bedroom A spacious double bedroom.
Double glazed window to the rear elevation with deep sill, built-in double wardrobe, coved ceiling, television point, TV point, ceiling spotlights, central heating radiator with thermostatic control.
Bedroom / Study Double glazed window to the rear elevation with deep sill, telephone point, TV point, central heating radiator with thermostat control and ceiling spotlights.
Bathroom Obscured double glazed window to the rear elevation, white suite comprising of a panelled bath with shower over and glass screen, wash hand basin with cupboard under, close couple WC with concealed cistern.
Extractor fan, ceiling spotlights, tiled flooring, chrome ladder style heated towel rail, tiled walls and wall mounted mirror with lighting.
Outside The grounds and gardens are for the benefit of all the Palm Court residents. They are laid mainly to lawn with flower beds.
Pathways leading to gate to service lane, with steps down to the beach and seafront.
There is the additional benefit of a garage, which has an electrically operated up and over door with light and power.
Local Authority East Devon District Council, Blackdown House, Border Road, Heathpark Industrial Estate, Honiton Devon EX14 1EJ Tel. Services Mains gas, electricity, water, drainage and B.T.
telephone are connected.
Council Tax Banding Band G Material Information What3Words ; ///refer.young.combines Tenure: Leasehold (199 years from 2002) Maintenance: We understand that maintenance costs are approximately £2,400.
Ground rent £10. Council Tax: Band G with East Devon District Council. Rights and Restrictions: No Pets or Holiday Lets.
Mains: Gas, Electricity, Water & Drainage Heating: Gas Central Heating Mobile: EE, Three, O2 & Vodafone - Likely.
Broadband: Standard & Superfast - Available Flood Risk: Low risk means that this area has a chance of flooding of between 0.1% and 1% each year. Parking Availability: Garage & Visitors Parking.
Property Accessibility: Steps and Ramp, plus Disabled Electric Door. Planning Proposals affecting the building: None. Construction: Brick
Value & comps
No previous sales on record.
Returns
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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
Agent & docs

FAQ
About Coastguard Road, Budleigh Salterton, EX9
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