1-bedroom flat · EX9 6RG
Listing removedListed 350 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor apartment with an emergency call system in place. The development is available for the over 60's with its own entrance.
The accommodation benefits from its own private entrance door, rural views and its proximity to the bus stop. This property is offered with no onward chain and a viewing is highly recommended.
Entrance Lobby Obscured double glazed entrance door. Inner door to : Living Room Double glazed window to the front elevation, with further double glazed window to the side elevation.
Night storage heater. Television point. Wall light points. Coved ceiling. Door to : Inner Hallway Two built in cupboards. Doors to: Kitchen Double glazed window to the front elevation.
Rolled edge work surface with inset stainless sink and drainer unit. Tiled splashbacks. Electric cooker point. Space for fridge. Range of storage cupboards.
Shower Room Obscured double glazed window to the rear elevation. Walk in shower unit. Close coupled WC. Wash basin with cupboard under. Extractor fan. Electric panel heater.
Airing cupboard housing a hot water tank and slatted shelves. Bedroom Double glazed window to the rear elevation and further double glazed window to the side elevation. Night storage heater.
Built in wardrobe Emergency call panel. Outside This ground floor apartment set in attractive communal grounds offering well maintained lawns, shrubs & flower beds.
Resident's Facilities A communal lounge with facilities that may be used by the residents. Communal Laundry room is also for use by residents with washing machines and tumble dryers.
Careline contact when Manager unavailable, with cover by an alarm system connected to a Central Monitoring facility, on a 24-hour basis.
Material Information Material Information Tenure: Leasehold until February 2119. Service Charge: Approx. £2,000 per annum for all general maintenance and cleaning of the communal areas.
Restrictions: Age Restriction for 60 yr old's and over. No pets or holiday lets Council Tax: Band A with East Devon District Council. Mains: Electricity, Water & Drainage.
Heating: Electric Central Heating. Mobile: EE & O2 Likely. Vodafone & Three Limited Broadband: Standard & Superfast Available.
Flood Risk: Very Low - Meaning this area has a chance of flooding of less than 0.1% each year. Parking: No Parking available. Waiting list for potential parking space. Property Accessibility: Level
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Stanley Mews, Station Road, Budleigh Salterton, Devon
Explore nearby
