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See how verdicts work2-bedroom flat · EX9 6RP
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This first floor apartment is incredibly well located, being just a few hundred yards from Budleigh's busy High Street and superb beach and very close to a bus stop.
Despite its 1930s look and feel, the property was purpose built in the 1960s providing just 2 apartments. Flat 2 owns the freehold outright.
Whilst being so close to the town centre, it also enjoys a lovely aspect to the front across The Green. A ground floor entrance porch with lobby and stairs to the hallway, with cloaks cupboards.
There is a spacious and dual aspect 22' sitting room/dining room.
The kitchen/breakfast room is fitted with an extensive range of fitted units and cupboards, space for all appliances and a kitchen table.
The 2 bedrooms sit to the front of the property and both have inbuilt wardrobes. The family bathroom has a 3 piece suite and there is a separate cloakroom.
Outside, a pedestrian gate gives access to a pretty and private courtyard and seating area.
In front of the single garage is a parking space, and behind the garage is a further area of enclosed garden.
Being just a 10 minute walk to the beach, this is a property that would be ideal equally as a lock up and leave or a lovely permanent home and is offered with no onward chain Situation Budleigh Salterton is a particularly sought-after location on the East Devon, World Heritage site "the Jurassic coast".
The town has an active fishing community regularly selling their catch on the seafront.
There is a good selection of shops in the town which cater for everyday needs, including a butcher, chemist, bakeries, a Post Office and excellent pubs and restaurants.
In addition, the town has a doctor’s surgery, dentists, accountants and solicitors, as well as several designer shops.
Recreational facilities include the East Devon Golf Club in Budleigh Salterton, together with Woodbury Park and Sidmouth Golf Clubs nearby.
There are opportunities for sailing, windsurfing, water skiing, fishing and kite boarding along the coast and in the Exe Estuary.
Budleigh Salterton also has a tennis club, croquet and bowls club and two art galleries.
Budleigh Salterton Croquet Club is one of the premier croquet clubs in the country, hosting both National, European and International tournaments.
Budleigh Salterton hosts an annual week long classical music festival in the summer.
The festival offers something for everybody and features world-renowned artists, as well as unique opportunities to witness BBC Young Musician Finalists. Budleigh Salterton.
Also hosts the most outstanding literary festival in the South West that is wholly supported by the local community.
Directions Heading south on the B3179 Woodbury Common road, proceed towards Budleigh. Take the main road into the town and down to the High Street. At the traffic lights, turn left into Station Road.
After approximately 400 yards, with The Green on your left, take a right hand turn into Elmside. The property can be found immediately on the right.
What3Words: ///dumplings.gazed.hammer Services The vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity, water and drainage.
Telephone landline currently in contract with Openreach Broadband: Openreach Estimated Standard Speed: 19 Mbps Superfast: 80 Mbps and Ultrafast: 1800 Mbps Mobile signal: Several networks currently showing as available at the property: O2, EE 3 & Vodafone Agents Note The property owns the entirety of the freehold title no.
DN217988. The ground floor apartment below is Leasehold.
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 Elmside, Budleigh Salterton
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