3-bedroom flat · EX10 8NZ
Listing removedListed 594 days
Opportunity summary
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About
An elegant three bedroom ground floor apartment with substantial south facing mature garden, garage and parking within walking distance of the sea front and Town centre.
Accommodation A fine portico entrance with stone flag floor leads to the Georgian front door into the entrance hallway, where doors lead to all principal rooms in addition to a good sized storage cupboard.
The drawing room enjoys a minster limestone fireplace and dual aspect with sash window to the front and French doors into the conservatory which overlooks the superb mature gardens.
The kitchen breakfast room is fitted with matching wall and base units with granite worktops extending to a breakfast bar and tiled flooring, whilst there is a very useful walk in pantry cupboard.
The property benefits from adaptable living, with the option of three or four bedrooms.
One of the double bedrooms is currently used as a dining room, with recessed sash window overlooking the gardens and corner fireplace.
The principal bedroom suite has a further recessed sash window overlooking the garden, with the added benefit of an ensuite shower room and fitted wardrobes.
A further family bathroom suite is (truncated) Outside The property is approached off Station Road on the eastern side of the property where there is ample parking for a number of vehicles and a single garage with up and over door, electric power and light and shelving.
The private gardens which belong exclusively to this property lie mostly to the south.
Access is from the front courtyard through a wrought iron gate on to a stone pathway leading in various directions around the garden.
The attractive curvaceous lawns are easily maintained and are surrounded by deep raised herbaceous and shrub borders providing a high level of privacy.
The western garden is also highly private surrounded by mature evergreen conifers and shrubs; this is a lovely area for general entertaining and is made even more attractive by the delightful flower borders.
There is a useful timber garden store and garden compost bins in the southernmost point behind a screen of trees and there is a spacious stone terrace adjacent to this predominantly south (truncated) Material Information The property owns a share of the freehold, with a 999 year expiring on 1st November 3002.
There is a service charge of £100 per month which covers the buildings insurance as well as going towards a sinking fund, with a 5 yearly plan for external painting and maintenance.
There are restrictions on holiday letting and pets. Brick construction. Mains services connected include gas, electric, water and drainage. East Devon District Council Tax Band D.
Standard and Superfast broadband are available with speeds up to 80 mbps. Mobile networks available include EE, Three, Vodafone, and O2.
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 Flat 1, Rosemount,, Station Road, Devon
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