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 work2-bedroom flat · EX9 6HW
Sold STCListed 405 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Number 17 is an opportunity to acquire a ground floor flat, situated on a bus route within a mile from the town centre and beach. Communal Entrance Communal entrance door to hallway.
Own front door. Hall Obscured double glazed entrance door.
Thermostat control for central heating; coved ceiling; airing cupboard housing factory lagged hot water tank with storage cupboard over. Central heating radiator. Telephone point.
Living Room Large double glazed window to the front elevation.
Double glazed door giving access to the patio with access to a storage cupboard and enjoying a pleasant outlook over the communal gardens. TV point; central heating radiator; coved ceiling.
Main Bedroom Double glazed window to front the front elevation, with further double glazed window to the side elevation.
Built-in double wardrobe with clothes rail and shelf; central heating radiator and coved ceiling. Wall light point. Second Bedroom Double glazed windows to the side and rear elevations.
Central heating radiator; coved ceiling; built-in wardrobe with clothes rail, shelf and storage cupboard over. Wall light point.
Kitchen Breakfast Room Double glazed window to the rear elevation.
A fitted kitchen with a generous expanse of rolled edge work top surfaces with tiled surrounds; inset one and a half sink and drainer unit with mixer tap over.
Range of base cupboards, drawer units, space and plumbing for washing machine beneath work tops; matching wall units at eye-level. Gas central heating boiler. Central heating radiator.
Larder style cupboard; access to secure deliveries and storage cupboard. Shower Room Obscured double glazed window to rear elevation. Shower cubicle. Wash hand basin with cupboard under.
Fully tiled walls. Central heating radiator. Cloakroom Double glazed window to rear elevation.. A WC with concealed cistern. Wash hand basin.
Outside There are attractive and well maintained communal gardens mainly laid to lawn with borders. Garage with an up and over door. Additional parking is available.
Local Authority East Devon District Council, Blackdown House, Border Road, Heathpark Industrial Estate, Honiton Devon EX14 1EJ Tel.
Council Tax Banding Band D Services Mains gas, electricity water and drainage are all connected to the property.
Material Information What3Words ; ///worksheet.dilute.pill Tenure: Leasehold ; The lease is 189 years from 29.09.65 Maintenance: service charge of approximately £1,500 oer annum.
Council Tax: Band D with East Devon District Council. Rights and Restrictions: No Pets or Holiday Lets.
Mains: Gas, Electricity, Water & Drainage Heating: Gas Central Heating Mobile: Three, EE, O2 & Vodafone - Likely.
Broadband: Standard & Superfast - Available Flood Risk: Very low risk means that this area has a chance of flooding of less than 0.1% each year. Parking Availability: 1x Garage & Parking for Visitors.
Property Accessibility: Ground Floor Apartment, 2 steps upon entrance. Wheelchair Accessible. Planning Proposals affecting the building: None. Construction: Brick.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 East Budleigh Road, Budleigh Salterton, Devon
Explore nearby
