We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX8 2AG
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever popular Beacon in Exmouth, this top floor apartment presents a fantastic opportunity to enjoy coastal living at its finest.
Upon entering the property, you are welcomed into a central hallway, providing easy access to all rooms and creating a practical and well thought out layout.
The bright and spacious living room benefits from an abundance of natural light and enjoys fantastic sea views, offering a unique and relaxing living environment.
The separate kitchen is also light filled, making it a pleasant space for everyday living. The generously sized bedroom continues the theme of natural light, providing a comfortable and airy retreat.
A well proportioned bathroom completes the accommodation. The property does require modernisation throughout, but offers excellent potential for those looking to put their own stamp on a home.
It represents a superb opportunity to create the perfect primary residence, holiday home, or investment rental property.
Ideally located just a stones throw from Exmouth seafront, the property is perfectly placed for enjoying the beach and coastal walks.
A range of local shops and amenities are within easy reach, including a leisure centre and supermarket.
Excellent transport links are also nearby, with a train station offering convenient connections and the M5 motorway approximately 20 minutes away.
An excellent opportunity to secure a well located coastal home, viewing is highly recommended to fully appreciate the potential on offer.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 2, 9, The Beacon, Devon
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