2-bedroom flat · EX8 2AQ
Listing removedListed 232 days
Opportunity summary
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About
Occupying a prime seafront position within a beautiful building dating back to 1822, this charming ground floor apartment offers a bay-fronted lounge with stunning coastal views, a modern kitchen, double bedroom overlooking the gardens, a single bedroom, bathroom and WC.
With private entrance, parking, communal gardens and no onward chain.
Full Description Occupying a prime seafront position within a beautiful building dating back to 1822, this charming ground floor apartment offers an impressive bay-fronted lounge, where large windows perfectly frame the breathtaking coastal outlook.
The modern fitted kitchen provides a range of units and generous worktop space, a spacious double bedroom positioned to the rear of the property, enjoying an outlook over the gardens, along with a second single bedroom.
The property also benefits from a family bathroom and a WC. The apartment has period touches throughout and uniquely it has its own private front door as well as a rear door.
The building is not Grade II listed. The property enjoys access to beautifully maintained gardens to the front, with a seating area positioned to take in the sea views.
To the rear, there are further gardens with access down to Rolle Road. Parking is also available at the property and it is offered with no onward chain.
Material Information Tenure: Leasehold Lease: 999 years from 25/3/1995 Service Charge: £2040 per annum Management Company: Dolforgan Court Management (Exmouth) Ltd Local Authority: East Devon District Council Council Tax Band: C Rights and Restrictions: Tbc Mains: Gas, Electric, Water and Drainage Heating: Gas Central Heating Parking: Off Street Parking
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 Flat 3, Dolforgan Court, 2, Louisa Terrace, Devon
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