2-bedroom flat · EX9 6LA
For saleReduced £15k (−3.6%) on 8 AugListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built apartment located in the popular development of The Rosemullion and conveniently situated with fine sea views over Lyme Bay.
Communal Entrance Entrance door with video phone entry system, post box, lift and staircase to all floors.
Reception Hall Video entry phone system, central heating radiator with thermostat control, TV point, coved ceiling, built-in cloak cupboard, further storage cupboard, cupboard housing slatted shelves and built-in wardrobe with shelving.
Doors to...
Living / Dining Room Double glazed sliding patio door to the front elevation onto the balcony, two central heating radiators with thermostat controls, coved ceiling, built-in storage cupboard, fireplace, wall light points and TV point.
Master Bedroom Double glazed window to the front elevation, central heating radiator with thermostat control, intercom handset for entry system and coved ceiling.
Ample range of built-in storage cupboards, wardrobes and drawers. TV point, wall light points and door to en suite shower room.
En Suite Shower Room Newly installed shower cubicle, pedestal wash hand basin, bidet, WC with concealed cistern, part tiled walls extractor fan and chrome ladder style heated towel rail with thermostat control.
Kitchen A modern fitted kitchen. Double glazed window.
Further window with borrowed light from the living room, sink and drainer unit with Quettle mixer taps giving instant boiler or filtered cold water set into expansive of work surface, new inset four ring gas with extractor and light unit over, new built-in double oven, built-in fridge/freezer, built-in dishwasher and new built-in washer / dryer.
Ample range of base and eye level storage cupboards with drawers, cupboard housing wall mounted new gas central heating boiler with control panel and under pelmet lighting.
Bedroom 2 Double glazed window to the front elevation with views, central heating radiator with thermostat control, coved ceiling and wall light points. Built-in wardrobes with cupboards and drawers.
Shower Room Newly installed shower unit, pedestal wash hand basin, WC with concealed cistern, extractor fan, chrome ladder style heated towel rail with thermostat control.
Balcony A well proportioned balcony with access panel to the higher communal garden level. Views over the town of Budleigh Salterton and to coastline in the distance. Tiled flooring.
Garage Garage in block with an up and over door. Extensive visitors parking. Material Information What3Words : ///collision.snacks.requires Tenure: Leasehold:- Lease Length 199 years from 29/9/1990.
Maintenance: £2,718 per annum. This includes Ground Rent, Building Maintenance & Insurance. Council Tax: Band F with East Devon District Council. Rights and Restrictions: Or Holiday Lets.
Mains: Gas, Electricity, Water & Drainage Heating: Gas Central Heating Mobile: Three, EE, O2 & Vodafone - Likely.
Broadband: Standard & Super Fast - Available Flood Risk: Low risk means that this area has a chance of flooding of between 0.1% and 1% each year.
Parking Availability: Off Street Parking & Garage. Property Accessibility:: Slightly sloping access to the building. The Rosemullion is situated on an incline.
Planning Proposals affecting the building: None. Coastal Erosion: No active intervention. Construction: Brick.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 17, The Rosemullion, Budleigh Salterton
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