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See how verdicts work2-bedroom flat · EX12 2PZ
For saleReduced £10k (−4.4%) on 26 SepListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second floor seafront apartment in Seaton with stunning sea views. Two double bedrooms, balcony, and no onward chain.
Situation Occupying an elevated position on the sought-after Old Beer Road, this apartment enjoys outstanding and uninterrupted views of the sea and the Jurassic Coastline towards Seaton Bay and Bear Head.
Set in a peaceful location above picturesque Seaton Hole Beach, the property is just a five-minute walk from the South West Coast Path.
The esplanade, together with independent shops, local pubs, restaurants and other amenities, are also within easy walking distance.
Description A bright, well proportioned apartment with charming period features.
The open plan kitchen and living area are designed to take full advantage of the exceptional sea views, creating an excellent space for both relaxing and entertaining.
The property would benefit from modernisation, offering excellent scope to update and personalise. There are two bedrooms, one with ensuite shower room, and there is another separate bathroom.
The main bedroom enjoys views over the communal gardens and towards the sea.
Outside A shared gravel driveway leads to the property and its communal garden, which is mainly laid to lawn and enjoys impressive sea views.
The property also benefits from a single, double-height garage with power, water and ample storage space, together with outside parking for one vehicle.
Extensive external works, including decoration and repairs to the south and west elevations and the property's Victorian balconette, are currently under way and due to complete by Autumn 2026.
Agents Note Old Beer Road and the surrounding coastline are affected by coastal erosion risk. Work has begun on a £1.4m improvement scheme for the coastal defences.
Further details can be found by searching "Seaton Beach Management Plan". Prospective purchasers are advised to make their own enquiries, as this could affect the availability of mortgage finance.
Services The property is Share of Freehold, held on a 999-year lease from 29 September 1986. The service charge is £160 per month. All mains services are connected, with gas central heating.
Mobile coverage is good, and standard and superfast broadband are available (Ofcom, 2026).
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 Flat 2, Seaforth Lodge, Old Beer Road, Seaton
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