2-bedroom flat · EX9 6NG
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, purpose built, ground floor apartment is located on the town centre side of the building offering pleasant views back over residential area.
The property offers well-proportioned and bright accommodation with double glazed windows and gas fired central heating throughout.
Whilst the kitchen is in need of updating, the bathroom has been tastefully refurbished.
Uniquely the property can be accessed without having to use any steps via the basement and lift (there are stairs as well as a lift to all floors).
The property is situated in one of the most convenient locations in the heart of Budleigh Salterton, a stone's throw from all amenities and the sea front.
The communal gardens are maintained to a high standard, affording some stunning sea views and direct access onto the coastal path.
The Rolle is a sought after development, at the front of the property is an allocated car parking space and there are large well maintained communal gardens to the rear of the property with direct access onto the coastal path and just yards from the High Street.
The communal gardens are beautifully kept and provide amazing views of the beach and Lyme Bay. A lift, basement storage and ample visitors parking are further notable assets.
Hall: 24' 3'' x 2' 11'' (7.38m x 0.90m) Living Room: 15' 5'' x 10' 4'' (4.70m x 3.16m) Kitchen: 12' 4'' x 10' 4'' (3.76m x 3.16m) max.
measurements Bedroom 1: 18' 10'' x 7' 9'' (5.73m x 2.37m) Bedroom 2: 10' 1'' x 7' 5'' (3.08m x 2.26m) Bathroom/WC: 10' 1'' x 5' 5'' (3.08m x 1.64m) Tenure The flat is held on a 999 year lease, which commenced on 1st October 2007.
The Freehold of The Rolle is owned by Ellor Management Company Ltd, in which each Leaseholder/Flat owner has a share.
Maintenance The Rolle is managed by Hillsdon Management of Sidmouth and we understand that the fee is reviewed annually but are currently paid in two 6 monthly payments, 15 January to 14 July 2026 - £1459.02, then this increases by 5% each July, so it will increase to £1531 for 15 July until 14 January 2027.This includes communal maintenance charges including the hallways, lift, external building repairs and garden maintenance.
Water costs are forwarded by the managing agents with an invoice every half year. The last invoice paid was £136.35 (10/05-03/12/25) but varies every invoice according to usage.
Services All mains services are connected.
KEY FEATURES * Spacious purpose built ground floor flat * Convenient for the town centre, seafront and cliff path * Living room and long reception hall * Good size kitchen * Two generous size bedrooms and a bathroom/WC * Double glazing and gas central heating * Communal level gardens * Allocated car parking space * Share of the Freehold with a long lease * Council Tax Band = D Directions… Leaving Exeter via Sandy Gate roundabout, proceed along the Sidmouth Road A376.
At the next roundabout take the third exit onto the Exmouth Road A376, continue along this road and at the next roundabout take the first exit onto B3179 toward Woodbury.
Carry on along this road and turn right onto the B3180 and continue onto the B3179, at the roundabout take the first exit into Knowle Hill.
The road will merge into Exmouth Road, continue along this road and into Budleigh High Street and then on into Fore Street, where the property can be found on the right hand side.
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 Fore Street, Budleigh Salterton, EX9
Explore nearby