2-bedroom flat · EX9 6JU
To rentListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built, first floor apartment with a superb southerly orientation and amazing sea views across Lyme Bay.
This property has been fitted to a very high standard and is tastefully presented, affording spacious and light accommodation throughout.
Further benefits include gas central heating, double glazing, a charming sun balcony and private parking.
Redcliff Court enjoys an extremely private yet convenient situation, just a few hundred yards from the town centre, all the amenities and the coastal path which leads down to the beach.
Letting The property is available to rent from now for an initial period of 6 months on a renewable Assured Shorthold Tenancy, the property is unfurnished. Viewings strictly through David Rhys & Co.
Deposit 5 weeks rent, returnable at the end of tenancy subject to any deductions.
The deposit is held against any damages or expenses that might arise during your tenancy and will not be released until you have vacated the property, all rent has been paid up to date and an end of tenancy inspection has been completed.
All deposits for a property let through David Rhys & Co. are held on their Client Account and administered in accordance with The Deposit Protection Service.
For further information visit the website Tenancy Applications/ References When applying to rent a property through David Rhys & Co.
you will need to provide a copy of a current utility bill and a certified copy of your passport.
If you do not have a valid passport you will need to provide a copy of your birth certificate and driving licence.
If you are not in employment, confirmation of available funds will be required and this will then enable us to process the application as quickly as possible.
If you are moving to this country from abroad we may require further proof of identification such as a work permit or visa.
We will obtain references from current or previous employers/landlords and any other relevant information to assess affordability.
Tenants Payments When applying to rent a property through David Rhys & Co. there are no set up fees on behalf of the tenant.
There are however permitted payments as prescribed by The Tenant Fee Act 2019. Permitted payments, as defined under the legislation, only include the following: 1. The rent. 2.
Refundable tenancy deposit – No more than 5 week’s rent. 3. Holding deposit – £200 4.
Payments to change the tenancy when requested by the tenant, caped at £50 per amendment, or reasonable costs incurred if higher. 5.
Payments associated with early termination of the tenancy (where requested by the tenant).
This must not exceed the financial loss that a landlord may suffer, or reasonable costs that have been incurred by the landlord’s agent resulting from an agreement for the tenant to leave early. 6.
Payments for utilities, communication services, TV licence and Council Tax. 7.
Default fee for late payment of rent and replacement of lost key/security devices, where required, under a tenancy agreement.
Default fees can only apply when this has been written into the tenancy agreement and covers late payment of rent, a lost key or security device.
The amount of default fee is limited to 3% over the Bank of England base rate for each date that the payment is outstanding and applies to rent which is more than 14 days overdue.
Communal Hall With stairs to first floor Entrance Part glazed private front door to; Hall With central heating radiator; double power point; telephone point; coved ceiling; recessed double cloaks cupboard; large linen cupboard with slatted shelving; central heating programmer.
Cloakroom With low level W.C. ; wash hand basin; central heating radiator; extractor fan.
Sitting Room 4.66m x 4.33m (15ft 3” x 14ft 7”) With two central heating radiators; coved ceiling; television aerial socket; three double power points; double glazed sliding patio doors with matching side screen to:- Sun Balcony 4.15m x 1.13m (13ft 7” x 3ft 8”) Giving Southerly views over the communal gardens and to the sea beyond.
Kitchen / Dining Room 5.21m x 3.27m (17ft 1” x 10ft 9”) The dining area has a central heating radiator; coved ceiling and two double power points; television aerial socket; the kitchen has a range of wall and base units with wooden fronts and laminated work-tops, incorporating a single drainer, one and an half bowl, stainless steel sink unit with monobloc taps; tiling above work surfaces; electric and gas cooker points and fused sockets; built-in ceramic four ring hob; eye level electric double oven; plumbing for washing machine; space for fridge freezer; three double power points plus fused sockets; Ideal Flamingo gas fired boiler supplying central heating and hot water; fitted sun blind to window which has southerly views.
Bedroom One 4.26m x 3.47m (14ft 10” x 11ft 5”) With central heating radiator; three double power points; good views over the town to the hills beyond.
Bedroom Two 4.28m x 2.88m (14ft 1 “x 9ft 5”) With central heating radiator; secondary glazed window giving views over the town and countryside; three double power points.
Bathroom Panelled bath with twin handgrips, set in a fully tiled recess with shower unit over and complete with a glazed shower screen; pedestal wash hand basin; low level w.c.
Central heating radiator; half-tiled walls. Services All main services are connected. Council Tax Band E.
Tenants' Charges Referencing & Set Up Costs: £140.00, inc of VAT per individual £200, inc of VAT per couple Deposit: 1 months rent upfront
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Cliff Road, BUDLEIGH SALTERTON, EX9
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