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 house · EX9 7BX
Listing removedListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover the perfect blend of coastal luxury and modern comfort with this beautifully presented 2-bed, 2-bath lodge located in the sought-after Ladram Bay Holiday Centre.
Positioned on one of Devon’s most picturesque stretches of coastline, this exceptional property offers breathtaking surroundings and an unbeatable lifestyle.
Step inside to a bright and spacious reception room, designed with relaxation and socialising in mind.
Large windows and contemporary décor create a welcoming atmosphere, while the open-plan layout flows effortlessly into a modern, fully equipped kitchen.
Both bedrooms are generously sized, with the master benefiting from its own en-suite bathroom, offering comfort and privacy. A second well-appointed bathroom serves guests or family members with ease.
Outside, enjoy private decking ideal for alfresco dining, morning coffees, or simply taking in the tranquil coastal setting.
Residents of Ladram Bay benefit from access to superb on-site facilities, including a private beach, swimming pool, restaurant, entertainment options, and scenic coastal walks right on your doorstep.
Whether you're looking for a stylish holiday retreat, a lucrative rental opportunity, or a peaceful second home by the sea, this lodge at Ladram Bay delivers exceptional value and an enviable lifestyle.
Season: 1st March – 1st January Use: Holiday licence only (no residential use) Licence term: 40 yrs (20ft wide lodges) 30 yrs (16ft wide lodges) Licence from year of manufacture (e.g.
20ft lodge to 2065) Site fees: £10,849 p.a. (increase approx. £200–£300 p.a.), billed October Running costs (approx.): Rates £475 p.a.
Gas & electric £300–£400 Insurance £300–£400 Subletting: Allowed via Newmans Holidays (fully managed) Peak season income approx. £1,500–£2,000 per week
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
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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 Ladram Bay, Otterton, Budleigh Salterton, Devon, EX9
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