1-bedroom house · EX8 5EY
For saleListed 71 days
Opportunity summary
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About
DESCRIPTION A glazed front porch leads into a welcoming central hallway with a useful storage cupboard beneath the staircase.
To the left, the kitchen features sleek grey wall and base units with a white speckled granite-effect worktop.
A circular inset sink is positioned beneath the front-facing window, while an inset ceramic hob with an oven below sits opposite.
The matching white speckled wall covering creates a clean and cohesive look.
Opposite the kitchen, the sitting room is full of charm with solid wooden flooring and walls painted in a soft pastel green.
A central inset wood stove rests on a black slate hearth, with a thick wooden mantle above adding warmth and character.
The sash window to the front allows natural light to stream in and is fitted with white shutter blinds, offering both privacy and a view of the street below.
A winding staircase leads to the first floor. The bedroom is a light and spacious room with a sash window overlooking the street, also fitted with white shutter blinds.
Across the landing is a versatile ancillary room, providing additional flexibility. Adjacent to this is the bathroom, fitted with a corner shower cubicle, a white WC, and a matching hand basin.
Decorative wall tiles with an ornate dado border add a touch of elegance to the space.
Throughout the property, solid wooden doors with black iron hardware enhance the period charm, complementing the home's character and cohesive style.
LOCATION Morcote enjoys a prime position on The Strand, a central location in the historic village of Lympstone.
Just a short stroll from the property is the village centre, offering a selection of local shops, pubs, and cafés.
The nearby train station provides excellent connectivity to Exmouth and the city of Exeter, making commuting and exploring the wider area convenient and straightforward.
The scenic Exe Estuary is within easy walking distance, offering beautiful waterside views and opportunities for leisurely walks along the historic quay.
Lympstone is known for its strong community atmosphere and rich maritime heritage, making it one of the most desirable locations along the Exe Estuary.
The village's charming mix of period architecture, coastal scenery, and convenient transport links ensures that Morcote is perfectly situated to enjoy everything the area has to offer.
AGENTS NOTES To the best of the Vendors knowledge they had advised the following:- Tenure: Freehold Council Tax Band: B Council: East Devon Country Council Parking: On Street Parking Garden: No Outside Space Electricity supply: Mains Heating; Electric Heating Gas: No Mains Gas At The Property Water supply: Mains Sewerage: Mains Broadband: Fibre To Cabinet Broadband - 76mps Download Speed and 15mps upload Mobile Signal :Several networks currently showing as available at the property including EE and Vodaphone
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
Agent & docs
FAQ
About The Strand, Lympstone
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