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See how verdicts work1-bedroom flat · EX7 9FB
Sold STCReduced £7.5k (−5.9%) on 6 OctListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A great opportunity to purchase this modern purpose built 1 double bedroom, top floor flat situated in the centre of Dawlish with the advantage of off road parking, gas central heating, double glazing and no onward chain.
Leasehold, council tax band - A, EPC - C. Location: Richmond House is a purpose built detached development of only 8 flats situated within minutes' walk of the beach and Dawlish train station.
Flat 7 is a top floor flat and has a wood effect laminate floor throughout and Spanish style tiled skirting boards. The property is in excellent order throughout and viewings are strongly recommended.
Communal front door to: Communal hallway with stairs leading to the top floor.
The top floor is light, airy and has a vaulted ceiling with two velux windows, double glazed window to the side and access to only two apartments. Private front door to.
Entrance hall: Intercom, thermostat, fuse box, laminate wood effect flooring, airing cupboard with shelving and door to the open-plan kitchen/living area.
Open plan kitchen/living room: Double glazed windows to the front with sea glimpses and side of the property allowing lots of natural light.
The kitchen comprises of wall and base units, stainless steel sink/drainer, oven, gas hob with extractor over, integrated fridge, washing machine, gas central heating boiler and part tiled splash backs and storage cupboard.
The living area comprises two wall mounted radiators and TV point. Bedroom: Double glazed window to the front of the property, laminate wood effect flooring and a wall mounted radiator.
Bathroom: Obscure double glazed window to the side of the property, bath with mixer taps and shower attachement over, WC, wash hand basin, extractor fan, part tiled and a wall mounted radiator.
Outside: The property has the benefit of allocated parking on a private block paved parking area to the front of the property. To the front of the property is also a communal bin store.
Agents note: In accordance with Section 21 of the Estate Agents Act 1979, we hereby declare that the seller of this property is a connected person of Fraser & Wheeler, being a relative of one of the directors/proprietors of the firm.
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
Agent & docs
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FAQ
About Flat 7 Richmond House, Richmond Place, Dawlish
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