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See how verdicts work2-bedroom flat · EX12 2FT
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
11 Shearwater Way is an extremely well presented ground floor apartment located on the Pebble Beach Bovis Homes development.
The property is situated within easy reach of the town centre, shops and facilities as well as being very close to the seafront and beach.
The accommodation comprises of a sitting room with open plan kitchen with fitted appliances. Double bedroom with built in wardrobes, plus a further double bedroom.
Contemporary bathroom and private parking space. Shearwater Way is an extremely well presented ground floor apartment located on the Pebble Beach Bovis Homes development.
The property is situated within easy reach of the town centre, shops and facilities as well as being very close to the seafront and beach. Communal storage for bikes plus a bin store. No onward chain.
The apartment is held on a 999-year lease. Service charges are paid half yearly on 1st February and 1st August which includes buildings insurance. EPC C. C/Tax C
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
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FAQ
About Flat 11,, Shearwater Way, Seaton
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