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See how verdicts work2-bedroom house · EX12 2RZ
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Happiness Cottage is an attractive town centre, semi detached property laid out over three floors and within easy reach of the beach and amenities.
The cottage offers two bedrooms and a loft room on the top floor, gas central heating and sealed unit double glazing.
The accommodation briefly comprises on the ground floor a living room and kitchen/ding room with door to outside.
On the second floor are two further bedrooms and a bathroom whilst on the second floor is a good sized loft with velux window.
Outside is a small courtyard and a bin storage area which is accessed via an alleyway from Seaton Down Road.
NO ONWARD CHAIN Ground Floor - Entrance - Front door leading to Living Room - 4.22m x 3.96m (13'10 x 13'00) - Aspect to the front of the property, TV point, stairs rising to first floor.
Tile floor, coats hanging area.
Kitchen/Dining Room - 4.19m x 3.51m (13'09" x 11'06") - Aspect to the rear, roll top work surfaces, drawer units, cupboard units, eye level wall units, integrated hob, oven below and hood over.
Wall mounted gas boiler. Understairs cupboard. Space for fridge, spot lighting, tiled floor.
First Floor - Landing - Stairs to second floor, doors leading to Bedroom One - 4.29m x 4.19m (l shape max-narrowing to 2.18m) (14 - Aspect over the front of the property Bedroom Two - 2.77m x 2.36m (9'01" x 7'09") - Aspect rear.
Bathroom - 2.11m x 1.70m (6'11" x 5'07") - White suite comprising panelled bath with fitted shower, low level WC, pedestal wash hand basin. Tiled surrounds.
Second Floor - Leading to Loft Room - 5.56m x 3.10m (excluding recess) (18'03" x 10'02" - Velux window to rear aspect.
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.
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FAQ
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