1-bedroom flat · EX13 5NJ
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious 2nd floor apartment with modern fixtures and fittings, views over Axminster minster and no onward chain.
The Property This second floor apartment is ideally placed for Axminster town and forms part of The Old Bell House.
With its curved façade, this striking building was once one of Axminster’s premier coaching inns before being converted into a parade of four commercial premises with six apartments above.
Flat 4 sits to the front of the building and overlooks the town centre.
The apartment is in good decorative order with excellent ceiling heights, deep skirting boards and has a feeling of space with plenty of natural light.
The accommodation is arranged around a central hallway with a spacious sitting/dining room that incorporates a well appointed kitchen, fitted with a good range of cream wall and base units, granite effect worksurfacing and integral oven.
To the rear of the bedroom is a good size double and a modern bathroom with matching white suite, and extensive tiling.
The loft space above the apartment is accessed via a pull down loft ladder where you will find a floored room, ideal of storage with large velux window.
The apartment is approached from Market Square, via a first floor communal entrance hallway with internal staircase leading to the second floor.
Situation Situated in a most convenient position and within walking distance of the centre of Axminster, the property is set off Market Square.
Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The beautiful Axe Valley with its renowned bird sanctuary reaches the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles.
Axminster itself offers a selection of independent shops, supermarket, schooling and train station that is on the direct line to London Waterloo and Exeter.
Every Thursday a well supported local produce market is held in Trinity Square. Directions What3Words ///clincher.sunbeam.pushover Services Mains electric, water and drainage.
Broadband : Superfast broadband available. Mobile Network Coverage : There is mobile coverage in the area, please refer to Ofcom’s website for more details.
Source - Local Authority East Devon Council Tel : Council Tax Band: A Material Information The area around the property is at a low risk from flooding from rivers, seas and surface water.
The current lease expires in 2164 Service charge is £1469.47 per annum. Ground rent £25
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 advisors 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 4, The Old Bell House, Axminster
Explore nearby