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See how verdicts work2-bedroom flat · EX12 2PL
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor two bedroom apartment, located in a most attractive regency style period building in a quiet cul-de-sac, in an excellent position for the town centre, shops, restaurants, cafe's, beach and sea front, with the benefit of sea glimpses.
Originally a substantial period detached house, constructed with colour washed rendered elevations under a slate roof.
The property was converted a number of years ago to from four apartments that retain a number of period features, including high ceilings, panel doors and deep skirting boards.
The spacious, light and bright accommodation briefly comprises; entrance hall, living room, galley style kitchen, two double bedrooms and a bathroom.
Whilst there is no allocated parking associated with this apartment, there is private parking for residents to the front.
Tenure and Charges We are advised that the lease has 934 years remaining, with a share of the freehold.
Charges: There is a service charge of approximately £600 to £700 per annum, which includes the building insurance and maintenance.
Please note, there is a restriction that states holiday letting is nor permitted.
The Apartment: - The first floor apartment is accessed via a communal area, shared with number 3, the communal hallway has stairs that lead up to the first floor and the entrance into the apartment.
The Spacious, Light and Bright Accommodation: - The entrance hall gives onto an inner hall, with doors off to the living/ dining room, galley style kitchen, both bedrooms and bathroom.
Kitchen The kitchen is principally fitted to two sides, with a range of matching wall and base units, with co-ordinating handles.
On one side of the kitchen, there is a run of work surface, with inset one and a half bowl stainless steel sink and drainer with chrome mixer tap and cupboards beneath, including space and plumbing for dishwasher.
On the other side of the kitchen, there is a further run of work surface, with inset four ring electric hob with extraction above and built in oven beneath, together with under counter space for fridge and under counter space and plumbing for washing machine.
Living/ Dining Room The living/ dining room benefits from pleasing sea glimpses.
Bedrooms There is one good sized double bedroom, benefiting from built in wardrobes and charming sea glimpses and the second bedroom is a smaller double.
Bathroom The bathroom is fitted with a white suite, comprising; close coupled WC with co-ordinating seat, pedestal wash hand basin with wall mounted chrome mixer tap.
Panel bath with wall mounted chrome mixer tap, wall mounted shower attachment over and a shower curtain. Chrome ladder style towel rail. Half tiling to walls.
Outside Whilst there is no allocated parking, there is private parking to the front of the building for residents.
Council Tax East Devon District Council; Tax Band C - Payable for the 01/04/2026 to 31/03/2027 financial year is £2,362.76.
Seaton The seaside town of Seaton is located where the River Axe in East Devon meets the English Channel.
Seaton lies in Lyme Bay between the white chalk Haven Cliff and the limestone cliffs of Beer.
A delightful mile long pebble beach runs in front of the Esplanade with another, more secluded beach going past Axmouth Harbour and the undercliffs towards Lyme Regis.
The outstanding Jurassic Coast has UNESCO World Heritage status. The architecture in the town is mainly Victorian and Edwardian, although there are some buildings dating back to the 15th Century.
There are an abundance of public gardens and open spaces around the town which offer spectacular views along with popular attractions such as the Jurassic Coast Centre, Seaton Wetlands and Seaton Tramway.
The pedestrian town centre offers safe, traffic free shopping with a range of shops, supermarkets and independent retailers. This area is designated an Area of Outstanding Natural Beauty.
Disclaimer John Wood & Co acting as ‘Agent’ for the property of the Vendor, gives notice that the Agent has prepared these details in good faith and should be used for guidance only.
They should not be relied upon as a statement or representation of fact.
Any statements made within these particulars are made without responsibility on the part of the Agent or the Vendor and they do not constitute any part of an offer or contract.
Prospective Purchasers must ensure by inspection or otherwise, that each of the statements in these particulars is correct.
Please let the Agent know if there is a specific detail about this property that will influence your decision to purchase or that you would like clarified.
Prospective Purchasers should ask their Solicitor or Legal Advisor to check that all permissions and consents are in place.
References to the tenure of a property are based on information supplied by the Vendor. The Agent has NOT had sight of any title or lease documents, and Prospecti...
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.
Area
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FAQ
About Wessiters, Seaton, Devon, EX12
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