1-bedroom flat · EX12 2QL
For saleListed 416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom flat, conveniently located right in the heart of the town of Seaton close to all amenities and within easy reach of the seafront.
The Property: This upper floor flat is perfectly situated in the heart of Seaton which is positioned just a stone throw away from all amenities, shops and the beach.
The building comprises a retail shop on the ground floor and one other flat on the first floor.
The communal entrance door opens to a communal hallway and stairs rising to the second floor and the private front door to Flat 2.
The front door opens to a good-sized entrance hall with access to all accommodation within including a deep storage cupboard.
There is a good-sized living/dining room with bay window to the front with views looking out to the town and down the high street to the sea beyond, has a feature fireplace with electric fire and ample space for table and chairs.
The kitchen has a range of matching base and wall units with space for a freestanding cooker with extractor above, space for upright fridge/freezer and plumbing and space for a washing machine and a large, fitted pantry storage cupboard.
The bedroom is a large double room with window to the front looking out to the high street below.
This room is currently partly subdivided into two spaces which could easily be removed to create one larger room. The bathroom comprises a panelled bath, wash hand basin and WC.
Tenure and charges: We understand that there is a 99-year lease which commenced 12 December 1997.
What3Words: ///detail.gobbles.struck Council Tax: We are advised that this property is in Council Tax Band A. East Devon District Council.
Services: We are advised that all mains services are connected.
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
Agent & docs
FAQ
About Flat 2, 10, Marine Place, Seaton
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