2-bedroom flat · EX8 2AQ
For saleListed 18 daysAuction 3 Nov · in 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £150,000 - £175,000 For Sale By Auction on 3rd November 2026 12:00 To inspect the legal documents for this property please see the more information section below or visit our website.
Fabulous opportunity to acquire a two double bedroom garden apartment requiring modernisation, situated within Grade II Listed Beacon Court, in highly desirable Louisa Terrace.
The property has two private entrances.
The front door opens into a spacious laminate floored hallway leading to the two double bedrooms, sitting room with laminate flooring and double doors onto the sunny patio and wide front access path, kitchen/diner with access to a rear enclosed courtyard, with central heating boiler in external storage room, bathroom and separate WC, all with tiled floors, having the benefit of a lawned front garden with sea views and potential for one parking space STPP, and a secluded sunny patio seating area outside the sitting room.
Situated Louisa Terrace is a highly sought after location, set back from the Esplanade, while being just a short walk from three miles of sandy beaches and the sea front.
Exmouth town centre offers a wide selection of bespoke shops, cafes and restaurants, with a wide range of sporting, leisure and educational facilities catering for all age groups, along with a branch line to Exeter and excellent access to the M5/A30/A38 road networks and Exeter airport.
Accommodation Garden Floor Sitting room, inner hallway with storage facilities, kitchen/diner, two double bedrooms, bathroom and separate WC.
EPC Rating D Council Tax Band B get ready to bid by visiting the auctioneers website guide prices & reserve prices Guide Price An indication of the seller’s current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the m Reserve Price The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flat 1, Beacon Court, 4, Louisa Terrace, Devon
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