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See how verdicts work2-bedroom flat · EX8 2BS
For saleReduced £35k (−14.6%) on 25 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly sought-after Avenues area of Exmouth and offered for sale with no onward chain, is this well presented two bedroom, self contained first floor maisonette.
The property benefits from a garage in a nearby block and a 999-year lease with a share of the freehold. The home features gas central heating via a combi boiler and double glazing throughout.
The first floor comprises a bright and airy living room, a kitchen/dining room, and a cloakroom/WC. On the second floor are two bedrooms and a bathroom with WC.
With attractive communal gardens for residents to enjoy, an early viewing is strongly recommended to fully appreciate the size and quality of the accommodation on offer.
Exmouth is part of the coastline known as the "Jurassic Coast" which has a lovely stretch of sandy beach approximately two and a half miles long, with cliff top walks towards Budleigh Salterton and Sidmouth.
The sought after Marina is nearby with local restaurants, chandlery and health spa.
Exmouth town centre has a variety of local shops, pubs and restaurants, and regular bus and train services to Exeter City which is approximately 10 miles distance.
This property is situated in a sought after residential area, and needs to be seen to be appreciated. At the rear of the building, a staircase rises to first floor, with outer door to Flat 2.
First Floor uPVC outer opens into entrance foyer. a door to the right opens to: Cloakroom Low level WC. Extractor fan.
Kitchen / Dining Room - 16'1" (4.9m) Max x 13'4" (4.06m) Max Dual aspect having 2 double glazed windows to rear and double glazed window to side, blinds included.
The kitchen is fitted with a matching range of cupboard and drawer storage units with work surfaces over. Circular inset stainless steel sink unit with mixer tap over.
Built in electric oven and 4 ring induction hob with filter hood over. Integrated dishwasher. Space and plumbing for washing machine. Further space for freestanding fridge / freezer etc.
Built in cupboard that also has the gas fired combi boiler, with further over head storage cupboard. 2 Radiators. Inset spotlights to ceiling. Hard wired heat sensor. Staircase rising to first floor.
Part glazed and wooden door opening into: Living Room - 16'0" (4.88m) Max x 12'7" (3.84m) Max 3 double glazed windows to front aspect, blinds included. Radiator. Coving to ceiling.
Second Floor Landing Loft access. Built in cupboard with hanging rail and shelving. Fitted smoke alarm. Radiator. Doors to both bedrooms and bathroom.
Bedroom 1 - 13'4" (4.06m) x 12'0" (3.66m) To Alcove Double glazed window to rear. Wardrobes in the alcove to be included in the sale. Central heating radiator.
Bedroom 2 - 12'8" (3.86m) Max x 8'5" (2.57m) Double glazed window to front aspect. Central heating radiator. Telephone point.
Bathroom White suite comprising panelled with shower over, folding shower screen. Low level WC. Pedestal wash hand basin. Complimentary wall tiling. Heated chrome ladder rail.
Dimplex electric wall heater. Parking There are parking areas within the grounds of 11 Portland Avenue. Furthermore, Apartment 2 St Trinians includes:.
Garage - 16'4" (4.98m) x 8'5" (2.57m) Up and over door to front Tenure The property is LEASEHOLD with 999 years and has a 1/6 share of the freehold.
There are 6 apartments in St Trinians; each apartment pays a percentage of the maintenance determined by their floor space. Apartment 2 pays a 19.5% share.
The grounds are communal with 1/12 share being contributed towards costs. The garages are communal with 1/11 share being contributed towards costs.
Apartment 2 St Trinians currently pays £123 per month to the block management company.
This covers its share of the management fee, service charges, building insurance, gardening and a garage maintenance fund. Services All mains services are connected. Council Tax Band B.
Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (FCA).
Agents Note These are draft particulars and are awaiting vendors verification Directions From our prominent Town centre office, proceed along Rolle Street and into Rolle Road.
Turn left at the mini roundabout onto Salterton Road. Take the third turning on the right in Portland Avenue.
St Trinians will be found along this road on the left hand, side clearly identified by our For Sale sign what3words /// ballots.system.young Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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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 advisers 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
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FAQ
About Portland Avenue, Exmouth
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